The Welfare State and Social Wealth Funds

The Welfare State and Social Wealth Funds

Workers decorating chocolates at the Meltis factory in Bedford, November 24, 1936. William Vanderson / Fox Photos / Getty When I ask what topic people might want to read about, Andrew Yang’s universal basic income (UBI) and the usual job guarantee (JG) questions come up frequently. Here I try to offer a bit of a fresh take on it by trying to explain UBI and JG within the context of regular welfare state design and, to a lesser degree, within the context of socialist theory.

Welfare states generally consist of services (childcare, education, health care) provided in-kind and cash provided […]

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