Why Hourly Wages Don't Make Sense, but a 30-Hour Workweek Does

'Think about the idea of an hourly wage. If you do X amount of work and the profits increase by Y, shouldn't you get paid more? That isn't true for 95% of the workforce. In fact, most people work hard just to make their bosses or the shareholders and investors of a company richer. Michael Slaby argues that we should revisit the idea of wealth in this country and perhaps swing to a universal base income. We could afford it, and it might make many millions of people a lot happier. Yet it goes against the oft-cited "American work ethic" that is propped up by the 'hard work equals moving up in the world' idea. Poverty could be eradicated using the techniques Slaby talks about, but it would take a lot of convincing to happen.' --  Big Think