by In Welfare for Markets, Anton Jäger and Daniel Zamora show that cash transfers emerged as an alternative to the welfare state favored by a left that had abandoned hope in socialism and a right hostile to democratic management of the economy.What exactly do David Graeber, Milton Friedman, Charles Murray, Yannis Varoufakis, and Mark Zuckerberg have in common?” It sounds like the setup to a bad joke. The punch line may not be funny exactly, but it is revealing. Although they share practically nothing when it comes to their political commitments, they have all supported the establishment of a Universal Basic Income (UBI) — cash transfers, or a state-provided wage regardless of employment status. In other words, free money.In Welfare for Markets: A Global History of Basic Income, Anton Jäger
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In Welfare for Markets, Anton Jäger and Daniel Zamora show that cash transfers emerged as an alternative to the welfare state favored by a left that had abandoned hope in socialism and a right hostile to democratic management of the economy.
What exactly do David Graeber, Milton Friedman, Charles Murray, Yannis Varoufakis, and Mark Zuckerberg have in common?” It sounds like the setup to a bad joke. The punch line may not be funny exactly, but it is revealing. Although they share practically nothing when it comes to their political commitments, they have all supported the establishment of a Universal Basic Income (UBI) — cash transfers, or a state-provided wage regardless of employment status. In other words, free money.
In Welfare for Markets: A Global History of Basic Income, Anton Jäger and Daniel Zamora seek to explain how such an ideologically diverse crew could come to share this particular vision of the welfare state. Providing an intellectual history of the origins and ascendence of the idea of a universal basic income — which in recent years has become a major plank in progressive reform platforms — they show that its broad appeal is evidence of a tectonic shift in the ways thinkers both left and right have come to understand both the welfare state and the market.…
MMT argues for the MMT JG instead of UBI.