Labour Studies Index

Updated: 2019-04-26

Socialism & Universal Basic Income

Document type Article
Author Sculos, Bryant
Journal Class, Race and Corporate Power
Volume 6
Date 2018-02-20
ISSN 2330-6297
Pages 6
URL http://digitalcommons.fiu.edu/classracecorporatepower/vol6/iss1/9

Abstract

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.