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Ha-Joon Chang disagrees: Basic Income

Economist. University of Cambridge

The right-wing version of UBI (...) is that the government should provide its citizens with a basic income at the subsistence level, while providing no (or little) further goods and services. As far as I can see, this is the version of UBI supported by the Silicon Valley companies. I am totally against this. There are left-wing libertarians who support UBI, who would set its level quite high, which would require quite a high degree of income redistribution. But they too believe that collective provision of "basic" goods and services through the welfare state should be minimized (although their "minimum" would be considerably larger than the neo-liberal one). This version is more acceptable to me, but I am not convinced by it. 1st: if the members of a society are collectively provisioning some goods and services, they have the collective right to influence how people use their basic entitlements. 2nd: provision through a universal welfare state makes social services much cheaper-

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