Potential Candidate Kamala Harris Pushing “Basic Income For All” Plan. Here’s Why It Won’t Work.

Worth reading time.

https://basicincome.org/news/2017/1…m-future-work-basic-income-options-australia/

Professor Widerquist said a shift away from labour prosperity to capital prosperity has led to an “incentive problem” where employers don’t have an incentive to treat their employees appropriately since employees don’t have any power to refuse their conditions. The universal nature of a UBI, as such, would allow for a “voluntary participation economy instead of a mandatory participation economy”. Dr Frances Flanagan agreed that “capital accumulation” was central to the problem of “acute inequality”, however she expressed concerns that discussions around UBI focused too heavily on wage leverage and monetary incentive. […]

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