
Source: Ron Mader. https://www.flickr.com/photos/planeta/30873329263
Universal Basic Income (UBI) is a curious idea with a curious history. It enjoys strong support from some parts of the political right, some parts of the political left, and a fair share of the tech sector (the ‘Silicon Valley‘ crowd). It’s entering the mainstream from multiple directions.
On the right, Milton Friedman supported it. In his book Capitalism and Freedom, he advocated for a negative income tax that would establish an income floor.
On the center-left, Guy Standing advocates for it. He’s best known for his 2011 book The Precariat: The New Dangerous Class. For Standing, a universal basic income is the best way to bring stability to the lives of temporary and/or part-time workers.
On the left, David Graeber defends it as a short-term measure. His motivations come from some general themes he lays out in two books, The Utopia of Rules: On Technology, Stupidity, and the Secret Joys of Bureaucracy and Bullshit Jobs: A Theory. Graeber thinks a universal basic income will simplify bureaucratic structures and enable people to leave pointless jobs they hate.
But what is UBI, and can it do all these things? Should the left support it, or should leftists be suspicious that so many right-wingers support it?
I’ll take a crack at answering these questions.
