Season 9 · Episode 13
Beyond Basic Universal Income
Economic Update with Richard D. Wolff
December 19, 201928m 59s
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Show Notes
REPEAT [S9 E13] In-depth analysis of UBI shows its advantages over most welfare, safety net systems. An even better alternative would avoid capitalism's unnecessary production of unemployment because it utilizes technical progress (rising productivity) for profits. The alternative benefits workers' leisure rather than profits. It is more democratic and avoids splitting people into unemployed vs employed, non-poor vs poor. population.