Universal basic income is no panacea for us – and Labour shouldn’t back it

Universal basic income is no panacea for us – and Labour shouldn’t back it

There aren’t many ideas that unite trade unionists , the libertarian right, the green movement, and the Silicon Valley tech scene . But that’s the rainbow alliance backing a universal basic income, a centuries-old idea posited as the solution to a range of 21st-century problems. Is its surprising coalition of bedfellows a sign of an idea whose time has at last resoundingly come – or a symptom of a catch-all, superficial fix in search of a problem?

Universal basic income, sometimes called a citizens’ income, is the idea that the state should pay every adult citizen a regular, modest income. […]

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