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Comment Re:Reduce work time (Score 1) 722

where does that money come from?

Profits! Nowadays, low worker's income makes goods and service demand too weak. As a result, investments in real economy have low returns, and investors prefer to invest profits in speculative financial products. But without enough demand from real economy, these investments will bubble and burst, causing yet another financial crisis.

Wealth production is always somehow shared between labor and capital, and if one side takes to much to the other, things go bad. For 30 years, we went too far toward increasing capital's share. See for instance OECD report

Comment Re:Reduce work time (Score 1) 722

I, for one, would believe in the EU as a valid social economic construction when it imposes a 24 hours work week, decreasing by 1 hour every year until full employment is achieved.

I fear you missed the whole point of the EU project: the designers wanted an optimum currency area, and think that the fastest way to achieve it was to destroy any regulation and welfare system.

Comment Re:The problem (Score 1) 722

In UBI, some or all of these costs go away.

You miss an important point: UBI enable people to work on projects that make no or little money, at least not enough to live without UBI's help. And such project can benefit the whole society. For instance, someone could work full time on writing free software.

Comment Too low (Score 5, Insightful) 722

UBI is very different when the sum is enough to live or not.

If it is too low (and at 560 euro/month it is certainly too low to pay housing and food), then people still have to accept any job to live, and employer can pay less because decent living costs are already partially covered by UBI. In such a situation, UBI acts as a social support to employer without taking any power from them.

OTOH, with a UBI high enough to cover basic needs, things change a lot. Employers need to convince people to enroll them instead of the other way around, while people can also choose to start businesses that have social benefit without being profitable.

Of course that consideration do not cover the huge question: how to find the money for high UBI? Some specialists consider a high UBI possible if all national labor costs are socialized: Instead of paying employees, employers contribute to a labor fund which in turn pays UBI to people. I have no idea if this is workable or not

Comment Do you need metrics to evaluate? (Score 1) 228

Each time you introduce metrics to evaluate people, that will distract them from their job in order to improve the metrics.

In other words, you ruin your business by trying to measure how people work. The alternative is to trust employees for doing their job correctly, and to know well enough what they are doing so that you can identify what is wrong when there is a real problem. Of course that requires experience/

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