Published on The Bullet, Socialist Project’s E-Bulletin No. 1241, by John Clarke, April 1, 2016.
… Looking Deeper Into the Gift Horse:
As soon as you start to look into the question of Basic Income or, as it was often called in the past, Guaranteed Annual Income (GAI), you are immediately struck by the ease and enthusiasm with which free market thinkers and warriors of the neoliberal order have embraced the concept. From Milton Friedman to Charles Murray, the idea has found warm support on the political right. There are some clear and obvious reasons why this is so. Firstly, the very idea of a basic level of income is about establishing a floor and right wing proponents are confident they can locate it in the basement. A low and inadequate social minimum seems to them a great way of folding in existing, relatively adequate programs so as to, precisely, drive people into deeper poverty. Continue Reading…