💸 Turning UBI on its head

he coalition between left and right evaporates, the idea’s economic inevitability looks fanciful, and the promise that the plan could end poverty forever looks more dependent on technical details than you might think.In part that’s due to disagreement about what basic income is for. I think it’s a useful tool for eliminating or dramatically reducin... See more

Regarding the robots, UBI is less compelling when framed as a shield against job loss than as a tool to design a more democratic distribution of the gains from automated productivity.

To implement UBI at the expense of every other social program is to make the presumption that the people helped by those programs are competent and capable of shifting to a life of budgeting and managing their own money and of avoiding exploitation. Think of the most vulnerable people you’ve ever encountered and remember that, with UBI, they all ge... See more