No, We Won’t Need a Basic Income

No, We Won’t Need a Basic Income

During the industrial revolution, many feared for the jobs and their livelihood as machines began to cut jobs from “hardworking people”. Machines like stocking frames, spinning frames and power looms were seen to be evil inventions that would put people out of work, leaving the economy to never recover. The most radical of this ideology became known as the Luddites – a group who would smash and destroy machinery. This violence became a massive rebellion in Britain lasting from 1811 to 1816 which required military force to put down and a death penalty for destroying machinery. However, the fears […]

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