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It is an argument for economic reforms. Whether that means UBI or something else is another matter. There is a good thread here about UBI and it’s pros and cons
by TaylorAlexander 5y ago
It is an argument for economic reforms. Whether that means UBI or something else is another matter. There is a good thread here about UBI and it’s pros and cons so I will mention another possible avenue: improve worker ownership in the means of production. My favorite incarnation of this is that proposed by Richard Wolff: make the necessary changes so that a sizable fraction of the firms in the economy are cooperatives. Specifically cooperatives where the workers in the firm are also in control of the firm and it’s direction.
With control of the firm, they can vote for certain benefits at no direct cost, and thus don’t need as much cash.
Now UBI and worker ownership of the means of production can be combined, but I thought I’d mention the latter as a possible alternative solution to be considered when talking about solving structural economic problems.