Technological Inheritance and the Case for a Basic Income

Economic Security ProjectIn this article originally published by the Economic Security Project on December 16, 2016, Gar Alperovitz makes a case for a universal basic income, beginning with the understanding that most income is, in fact, a gift from the past, or a “technological inheritance.”

One or another form of unconditional “basic income” has now been advocated by individuals ranging from conservative economists like the late Nobel Prize winner Milton Friedman to Dr. Martin Luther King, Jr. Modern feminists concerned with “care work” have emphasized versions of it, as have Black activists facing an economy that simply does not provide jobs for millions of people.

Leaving aside numerous questions about how best to structure a basic income, the idea of providing people with income as a matter of right — whether or not they do what society considers “work” — runs into age-old concerns about individual responsibility as well as endless arguments about political and economic equity. Until these are confronted, the prospect of significant change in the direction of any form of basic income is clearly highly uncertain.

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