Originally Posted by Gibonius
Might as well just phrase it as paying people a minimum guaranteed income to remove themselves from the workforce as surplus labor, because that's basically what you're doing.
From the same article -
2. Social Security for All
But let's think even bigger. Because as much as unemployment blows, so do jobs. What if people didn't have to work to survive? Enter the jaw-droppingly simple idea of a universal basic income, in which the government would just add a sum sufficient for subsistence to everyone's bank account every month. A proposal along these lines has been gaining traction in Switzerland, and it's starting to get a lot of attention here, too.
We live in the age of 3D printers and self-replicating robots. Actual human workers are increasingly surplus to requirement – that's one major reason why we have such a big unemployment problem. A universal basic income would address this epidemic at the root and provide everyone, in the words of Duke professor Kathi Weeks, "time to cultivate new needs for pleasures, activities, senses, passions, affects, and socialities that exceed the options of working and saving, producing and accumulating."
Put another way: A universal basic income, combined with a job guarantee and other social programs, could make participation in the labor force truly voluntary, thereby enabling people to get a life.
Cause, you know, working for a living was sooooooooooo 20th century.