The case for a basic income for the poor

The case for a basic income for the poor

In 1848, in The Manifesto of the Communist Party, Karl Marx praised capitalism for having created, within a short time of its existence, “…more massive and colossal productive forces than have all preceding generations together” and for continuing to advance technological, organisational and scientific systems of producing, thereby, further increasing its capacity to create wealth.

This progress continued and 173 years after The Manifesto, capitalism has created enough wealth to end all want and hunger. Importantly, we need to realise that, these massive productive forces mean that there will be fewer and fewer jobs for humans to perform. And, therefore, […]

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