We usually focus on employment and production. Yet, much of the world’s population has no realistic prospects of employment, and we already produce more than what is sustainable. Basic income, however, separates survival from employment or production.
Chief economics commentator at the Financial Times
We will need to redistribute income and wealth. Such redistribution could take the form of a basic income for every adult, together with funding of education and training at any stage in a person’s life
David de Ugarte
Economist and co-founder of the co-op Sociedad de las Indias Electrónicas
The basic income is attractive: it’s individually empowering, it crosses ideological borders, it’s a technocrat’s dream… but it would have terrible social and moral consequences: xenophobia, inequality, and a rise in the power of Big Businesses.
The UBI short-cut to more leisure time, less poverty, and strengthened unions delivered up on a platter by a corporate-captured state that has demonstrated for 40 years it is committed to the opposite of all this is a fantasy. If we want more leisure time, we have to get productivity growing again. And to get productivity growing again, labour has to become more expensive. And the only way for lab...See More