Basic Income via Marx

Stumbled on this article on LinkedIn. Martin Screeton makes a case for Basic Income Grant (BIG).   He concludes:

I think this (Universal Basic Income Grant) will be not only our solution but a future solution to all countries of the world that face increasing automation of our physical tasks and the dire need to sustain our current physical lives and families here on earth.

The conclusion is one reached by many as we try to create jobs, in a world of increased automation and mechanisation. The path to this conclusion is however interesting, locating today’s challenges in the work of Karl Marx. In highlighting some aspects of Marx’s writing on automation, and more broadly the nature of capitalism, he makes an interesting case, that is well worth reading.

Link to the article.

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