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AGelbert

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Re: Money
« Reply #585 on: April 02, 2019, 08:33:15 pm »
Economic Update: Beyond Universal Basic Income
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Democracy At Work

Published on Apr 1, 2019

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S9 E13  Beyond Universal Basic Income

On this week's show Prof. Wolff presents an 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.


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