Tag: UBI

Unexpected: Studies Suggest That Rather Than Killing Jobs, AI Could Revive The Middle Class + More

Tina Marie (Ms. Cat)

We’ve certainly been talking a lot about the “AI Doomers” who insist that AI is all too likely to destroy humanity. However, even people who aren’t fully on board with the existential threat of AI do often say that, at the very least, it’s going to destroy jobs for most people, potentially creating huge problems. For years now, people have been arguing for universal basic income, in large part, because they think that automation and AI will take away everyone’s jobs. I mean, it was a core plank of Andrew Yang’s silly run for President.

Studies Suggest That Rather Than Killing Jobs, AI Could Revive The Middle Class

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[2017] “Another kick in the teeth”: a top economist on how trade with China helped elect Trump

David Autor believes both these things to be true: one, that Donald Trump’s diagnosis of trade with China as the source of woe for countless American workers was both accurate and a crucial part of his appeal on his march to the White House. And two, that Trump’s plan to help those workers by cracking down on trade is likely to backfire.

How much did Trump-era tariffs on China cost Americans? New US findings confirm ‘self-inflicted harm’

Andrew Yang Launches Third Party For Billionaires

Tina Marie (Ms. Cat)

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Forward Party: What do you need to know about the new third political party created by Andrew Yang?

Rather than something new, the party is attempting to reach a previous Republican electorate that existed before Donald Trump took control of the party.

Universal Basic Income May Sound Attractive But, If It Occurred, Would Likelier Increase Poverty Than Reduce It

Opinion: Most third parties have failed. Here’s why ours won’t.

The People’s Party has their own problems, as well.

Universal basic income: utopian dream or libertarian nightmare?

Tina Marie (Ms. Cat)

Universal basic income: utopian dream or libertarian nightmare?

Some free-market fanatics, meanwhile, have even advocated the idea of a relatively large UBI payment, but (and here’s the catch) only on the proviso that pesky public services – such as healthcare and education – are scrapped, i.e. privatised, and opened up to profit.

Far from strengthening the conquests made by previous generations, therefore, one can see how the demand for a UBI can equally be raised by those looking to roll back and destroy such gains. Rather than increasing the welfare state in a progressive way by redistributing society’s colossal wealth, a UBI could instead become a deeply regressive fig leaf for a wholesale attack on – and privatisation of – public services, bolstering the capitalist market instead of weakening it.