Episode Details
Back to EpisodesEconomic Update: Beyond Universal Basic Income
Season 9
Episode 13
Published 7 years, 2 months ago
Description
In-depth analysis of UBI shows its advantages over most welfare, safety net systems. An even better alternative would avoid capitalism's unnecessary production of unemployment because it utilizes technical progress (rising productivity) for profits. The alternative benefits workers' leisure rather than profits. It is more democratic and avoids splitting people into unemployed vs employed, non-poor vs poor population.