Redistribution Through Labor Markets
According to unified theory, the science-based public policies in the Anthropocene age include no-growth, income redistribution, and technological innovations that are mineral resource saving. Among income redistribution, policies through labor markets were proposed. This essay presents a more explicit elaboration of that policy proposal. The idea was to establish a guaranteed minimum income (gmi), which is different from legal minimum wages or poverty lines. It is not set as absolute income, but as relative income. It is not only national, but an international policy as well. At the same time, the policy must be consistent with the incentives needed for the well-functioning of labor markets.
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