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Richard D. Wolff disagrees: Basic Income

Marxian economist. Professor of Economics Emeritus, University of Massachusetts, Amherst

UBI creates a new difference between those people who work and earn a living and those people who, for wathever reason, don't work but still earn a living. This is going to create two classes of people (...) and for me the big issue is why do that?. I like the idea of community building by not having people that are extremely wealthy or extremely poor, but I don't like this way of doing it, because it creates the worker/the non worker, yet both earn incomes. So, for me the solution is simple:(...) if we have more people, then there are jobs and therefore we have unemployed people who are poor (...), why do we have a 40-hour week? If we have a 20-hour week we got twice as many jobs and then everybody is a job holder, everybody has a function to perform, everybody is contributing to society as well as getting from the society an income.


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