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Universal Basic Income

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  1. #1
    Quote Originally Posted by wufwugy View Post
    That is true and happens to a degree, though it has limits. As scale increases, more help is needed. This is why one of my friends is one of five accountants at his firm instead of just one of one accountants at his firm.
    That's different.

    In the administrator example, the admin is providing a service that the employer is willing to pay $10/hour for. If the "scale" of that job increases, meaning the volume of work, then the additional work is also worth $10 per hour. Paying someone $4 just because they are willing to, is an exploitation.

    What interns do changes the "scope" of the administrators job. The Intern can assume tasks that do not require the administrator's skill, but are still the administrator's responsibility. The lower skill requirement is what justifies the lower, or non-existent, wage.

    So going back to my original point. Innovation and efficiency on the part of the administrator eliminates the need for the intern. Either by eliminating those extraneous tasks, or by the administrator simply having more time to do them. Scale would not affect this. Scale would affect the need for more administrators.
  2. #2
    Quote Originally Posted by BananaStand View Post
    That's different.

    In the administrator example, the admin is providing a service that the employer is willing to pay $10/hour for. If the "scale" of that job increases, meaning the volume of work, then the additional work is also worth $10 per hour. Paying someone $4 just because they are willing to, is an exploitation.

    What interns do changes the "scope" of the administrators job. The Intern can assume tasks that do not require the administrator's skill, but are still the administrator's responsibility. The lower skill requirement is what justifies the lower, or non-existent, wage.

    So going back to my original point. Innovation and efficiency on the part of the administrator eliminates the need for the intern. Either by eliminating those extraneous tasks, or by the administrator simply having more time to do them. Scale would not affect this. Scale would affect the need for more administrators.
    This is true and is what I am discussing. The risk and cost of hiring new administrators is such that as the price of their labor declines, the quantity demanded of their labor inclines. So, an employer can more efficiently bring in new administrators if he was legally able to set the price lower, and lower skilled applicants are able to get work they otherwise wouldn't if they are legally allowed to accept that lower price.

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