Abstract

Socialism & Universal Basic Income

Highlights

  • The idea of universal basic income (UBI) has taken on new life as people experience greater inequality and greater exploitation than ever before—combined with the recurrence of the historically-cyclical fear of mass unemployment driven by rapid advancements in automation technologies

  • This essay offers replies to three common socialist criticisms of various basic income proposals, in an effort to defend the radical potential of UBI; a potential that is consonant with the fundamental goal of the socialist project—achieving a democratic, non-exploitative world beyond capitalism

  • While there are certainly a large number of socialists that do or would support the establishment of a universal basic income (UBI), there are many left criticisms of UBI that have produced a great deal of skepticism about the idea

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Summary

Introduction

The idea of providing every person with a certain amount of money, regardless of their socioeconomic status or (in)ability to or (dis)interest in working, is far from universally-accepted by socialists. This essay offers replies to three common socialist criticisms of various basic income proposals, in an effort to defend the radical potential of UBI; a potential that is consonant with the fundamental goal of the socialist project—achieving a democratic, non-exploitative world beyond capitalism.

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