In this podcast, Adam Booth discusses the demand for a universal basic income.
The idea of a UBI is commonly raised in the context of increasing automation and the threat of “technological unemployment”, which is making many existing workers obsolete from the point of view of the capitalist system.
But, as Adam explains, UBI is not a solution to the problems facing society in relation to technology and its impact on jobs and wages – the “race against the machine”. Instead, Marxists should be demanding democratic control and planning of the key levers of the economy.
Trump is set to announce a barrage of new tariffs, in an attempt to stem the decline of US capitalism. Here, Niklas Albin Svensson outlines the Marxist position on the ‘free trade vs protectionism’ debate, and how tariffs will impact the world economy.
The notion of ‘degrowth’ – which advocates cutting down production to save the planet – has gained popularity within the climate movement. But there’s nothing radical about these academic, reformist ideas. Here, Lubna Badi provides a Marxist response to ‘degrowth’.
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