Fear of automation destroying jobs, the declining share of national income captured by labour and the growing precarity of many people’s lives have stoked interest in the idea of a universal basic income — a flat-rate payment made to all residents regardless of circumstances.
Recent interest has been from the left — Jeremy Corbyn in the UK, Bernie Sanders in the US and France’s Benoît Hamon have expressed support — though in the past it has also attracted support from the right. Compared to Guy Standing, these politicians are recent converts to UBI. For him it has been the answer […]
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