[artinfo] Universal Basic Income Is a Neoliberal Plot To Make You Poorer

[furtherfield]

Universal Basic Income Is a Neoliberal Plot To Make You Poorer

By Dmytri Kleiner.

The reason many people on the left are excited about proposals for a 
Universal Basic Income (UBI) is that it acknowledges economic 
inequality and its social consequences. In reality, however, UBI 
provides political cover for the elimination of social programs and 
the privatization of social services.

"The notion that we can solve inequality within capitalism by 
indiscriminately giving people money and leaving the provisioning of 
all social needs to corporations is extremely dubious. While this 
view is to be expected among those, like Murray and Friedman, who 
promote capitalism, it is not compatible with anticapitalism. UBI 
will end up in the hands of capitalists. We will be dependent on 
these same capitalists for everything we need. But to truly alleviate 
poverty, productive capacity must be directed toward creating real 
value for society and not toward "maximizing shareholder value" of 
profit-seeking investors."

<http://www.furtherfield.org/features/articles/universal-basic-income-neoliberal-plot-make-you-poorer>http://www.furtherfield.org/features/articles/universal-basic-income-neoliberal-plot-make-you-poorer