The dystopian truth about a universal basic income

Proposals for a universal basic income (UBI) are rarely out of the news. UBI is regularly championed, but rarely criticised. If it’s true that it’s an idea whose time has come, as some suggest, we should be very worried indeed.

The basic idea of a UBI is that the state would make a regular guaranteed payment to every citizen, regardless of their means and employment status. It would be set at a level sufficient to cover the ‘basic’ necessities of life: food, shelter and clothing. Its advocates, from the left and from parts of the free-market right, claim that this would simplify the welfare system, tackle poverty and improve recipients’ mental health.

The enthusiasm with which UBI is now being advocated by certain sections of society tells us a lot about how these left-leaning think-tankers, academics, journalists and even some free-marketeers view work, individual autonomy and the potential of automation.

Read the full article here.

Fully Automated Vulgar Marxism

Aaron Bastani’s much-hyped Fully Automated Luxury Communism: A Manifesto (FALC) woefully misunderstands Marx, capitalism and class struggle.

The immediate impression one is left with after reading FALC is that it appears to have had two authors. One is a techno-optimist; the other is autocratic, with firm views both about which technologies should be developed and which should be avoided – and also, more tellingly, about how people should live under them. Parts of the book anticipate a brave and exciting new world enabled by technological developments, while other parts are imbued with today’s illiberal and constraining zeitgeist. One author emphasises that the future is not determined, but can be shaped by politics, while the other sees capitalism as following a predetermined process of collapsing under its own contradictions. One pays homage to the ideas of the Enlightenment. The other’s prescriptions negate the Enlightenment ideals of liberty and risk-taking.

Read the full review here.