AFP
February 1, 2017
It is a utopian idea, literally, but is enjoying a renaissance as politicians and policy wonks grapple with technology-driven changes that could redefine our very understanding of work.
If robots and machine intelligence threaten to render many white-collar jobs obsolete, then what will people do for money?
Enter the concept of a “universal basic income”, a flat sum paid to all regardless of your existing wealth or ability to work. It is one of the rare ideas that has support from both the libertarian right — which favours tearing up the welfare state — and the left wing.
In France, Benoit Hamon has emerged as the surprise Socialist candidate for April’s presidential election first round, on a radical programme that includes such an income — to be funded in part by a new tax on industrial robots.
This article was posted: Wednesday, February 1, 2017 at 10:28 am