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 Idiots: (T)Reason Magazine -- The Indestructible Idea of the Basic Income

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PostSubject: Idiots: (T)Reason Magazine -- The Indestructible Idea of the Basic Income   Idiots: (T)Reason Magazine -- The Indestructible Idea of the Basic Income Icon_minitimeTue Jun 06, 2017 6:37 pm

Is this the only policy proposal Tom Paine, Huey Long, Milton Friedman, Timothy Leary, and Sam Altman can agree on?

Andy Stern is a former president of the Service Employees International Union. Charles Murray may be America's most prominent right-wing critic of the welfare state. So when they appeared onstage together in Washington, D.C., last fall to discuss the basic income—the idea of keeping people out of poverty by giving them regular unconditional cash payments—the most striking thing about the event was that they kept agreeing with each other.

It isn't necessarily surprising that Stern and Murray both back some version of the concept. It has supporters across the political spectrum, from Silicon Valley capitalists to academic communists. But this diverse support leads naturally to diverse versions of the proposal, not all of which are compatible with one another. Some people want to means-test the checks so that only Americans below a certain income threshold receive them; others want a fully universal program, given without exceptions. Some want to replace the existing welfare state; others want to tack a basic income onto it. There have been tons of suggestions for how to fund the payments and for how big they should be. When it comes to the basic income, superficial agreement is common but actual convergence can be fleeting.

In Stern's case, the central issue driving his interest in the idea is the turmoil he expects automation to bring to the economy. In the future, he and Lee Kravitz predict in their 2016 book Raising the Floor, tens of millions of jobs will disappear, leaving much of the country stuck with work that is "contingent, part-time, and driven largely by people's own motivation, creativity, and the ability to make a job out of 'nothing.'" A basic income, he hopes, would bring some economic security to their lives.

Read Murray's first detailed pitch for a guaranteed income, the 2006 book In Our Hands, and you won't see anything like that. Its chief concern is shifting power from government bureaucracies to civil society. It doesn't just propose a new transfer program; it calls for repealing every other transfer program. And automation isn't a part of its argument at all.

http://reason.com/archives/2017/06/03/the-indestructible-idea-of-the
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