I was once talking with one of my classmates and he said that in the future, there will be universal basic income implemented by entire world. I was not convinced at that time and thought he is just being stupid but given the layoffs happening and massive amount of unemployment, I am thinking about this possibility. What do you say?
What Marxists are talking about UBI as proposed by yang and others?
If by UBI you mean everyone has access to housing, food, water, electricity, internet, education, and healthcare, you’re talking about two different things.
UBI proposed assumes corporations replace workers with automations and aims to provide a crutch for those capitalism eats alive, except it doesn’t guarantee any of the things I listed that people need. It just gives them money to spend on corporations.
I’m talking in literal meaning as in “universal basic income” where some taxes collected from working class are redistributed to everyone.