Socialism & Universal Basic Income

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. But 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.