Why Socialism Is Back as a Political Force That Will Only Grow
The political and economic ideas of socialism are coming back into fashion.
25 June, 2017
<p class="p1">Socialism saw its heyday in the 20th century when its ideas were adapted by a number of countries, in a variety of bastardizations of its message. In fact, some would argue that a pure socialism never existed. Now it is experiencing a tremendous resurgence in the 21st century due to the growing economic disparity, anger at the establishment and charismatic older socialist politicians like Bernie Sanders in the U.S. and Jeremy Corbyn in the U.K. who gathered massive support from the young. A new wave of socialist thinkers is also beginning to emerge that looks to distance the movement from the historical stigma to formulate a new socialism that speaks to the challenges of today.</p> <p class="p1"><strong>What is socialism?</strong> In the most basic definition, it is a political and economic system where the means of production and essential resources are owned by the community. Socialism comes in many different forms and has been practiced with great variety around the world. </p> <p class="p3"><span class="s1"><a href="https://www.jacobinmag.com/" target="_blank">Jacobin</a>, a magazine that’s gained popularity for</span><span class="s2"> “offering socialist perspectives” on political and cultural topics, <a href="https://www.jacobinmag.com/the-abcs-of-socialism/" target="_blank">published a guide</a> on how to redefine socialism for the modern age. In it, the publication’s editor <strong>Bhaskar Sunkara</strong> describes socialism as, fundamentally, a way to build the kind of world where people don’t take advantage of others for gain but rather for the benefits of cooperation. To Sunkara, socialism is “</span><span class="s3">abolishing private ownership of the things we all need and use </span><span class="s4">— </span><span class="s3">factories, banks, offices, natural resources, utilities, communication and transportation infrastructure </span><span class="s4">— </span><span class="s3">and replacing it with social ownership, thereby undercutting the power of elites to hoard wealth and power.” </span></p> <p class="p3"><span class="s2">Private property would not exist, but personal property would remain. The government will not take away your “Kenny Loggins records,” jokes Sunkara.</span></p> <p class="p3"><span class="s2"><img type="lazy-image" data-runner-src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8xODQxMDA3NS9vcmlnaW4uanBnIiwiZXhwaXJlc19hdCI6MTYzMjIzNDI2MH0.q6wf_oCHyxBQrSnsbplKG_Ps2p7MvD73pNjdvSl9FVQ/img.jpg?width=980" id="7ecd7" class="rm-shortcode" data-rm-shortcode-id="cb85a0b614395a1b38910308a4f0cdf0" data-rm-shortcode-name="rebelmouse-image"><br></span></p> <p><!-- p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; line-height: 14.0px; font: 12.0px 'Helvetica Neue'; color: #1a1a1a; -webkit-text-stroke: #1a1a1a; background-color: #f7f7f7} span.s1 {font-kerning: none} --> </p><p class="p1"><em><span class="s1">An old Russian woman fixing her belongings on a vandalized symbols of the Communism, the Hammer and Sickle, on an avenue of Moscow, on November 1990. At the time of creation, the hammer stood for industrial labourers and the sickle for the peasantry; combined they stood for the worker-peasant alliance for socialism and against reactionary movements and foreign intervention. (Photo credit: ALEXANDER NEMENOV/AFP/Getty Images)</span></em></p> <p class="p3"><span class="s2">In their guide, the writers and editors of Jacobin also try to dispel some of the confusion related to socialism. In particular, they argue, many people tend to associate any kind of government institution, even the DMV, with socialism. But just because it’s a part of the government doesn’t make it socialist. In fact, an average person has so little say politically due to the stronghold of corporate interests on the government, </span><span class="s5">that any “state action will disproportionately benefit capitalist interests at the expense of everything else,” writes Chris Maisano in the Jacobin’s guide.</span></p> <p class="p7"><span class="s2">The journal also offers a defense against the charge that socialism inevitably ends up in authoritarian governments. Joseph M. Schwartz writes how Marxists and European socialists could not anticipate that revolutionary parties would try to create socialism in “predominantly agrarian, autocratic societies” like Russia and China.</span> </p> <blockquote>
<p class="p8"><span class="s2">“In many ways, one-party Communist states shared more in common with past authoritarian capitalist “developmentalist” states </span><span class="s6">— </span><span class="s2">such as late nineteenth-century Prussia and Japan, and postwar South Korea and Taiwan </span><span class="s6">—</span><span class="s2">than with the vision of democratic socialism. These governments prioritized state-led industrialization over democratic rights, particularly those of an independent labor movement,” <a href="https://www.jacobinmag.com/the-abcs-of-socialism/" target="_blank"><span class="s7">writes Schwartz.</span></a></span></p>
</blockquote> <p class="p8"><span class="s2"><span class="s7">Jacobin’s prescription for building a more socialist country - mobilize the people through education and direct participation in the government. <br></span></span></p> <p class="p8"><span class="s2"><span class="s7"><img type="lazy-image" data-runner-src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8xODQxMDA3Ni9vcmlnaW4uanBnIiwiZXhwaXJlc19hdCI6MTY0MjgwODU0OH0.Sojx9DXNHqvO866WHWF8nvW-8VfdoBZoAsEJUR3nF5M/img.jpg?width=980" id="105b0" class="rm-shortcode" data-rm-shortcode-id="bba0c635a528b42ceec826328d3e5200" data-rm-shortcode-name="rebelmouse-image"><br></span></span></p> <p><!-- p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; line-height: 14.0px; font: 12.0px 'Helvetica Neue'; color: #1a1a1a; -webkit-text-stroke: #1a1a1a; background-color: #f7f7f7} span.s1 {font-kerning: none} --> </p><p class="p1"><em><span class="s1">Democratic presidential candidate Sen. Bernie Sanders (I-VT) (C) addresses a rally with protesters calling for higher wages for federal contract workers in the rain on Capitol Hill November 10, 2015 in Washington, DC. (Photo by Chip Somodevilla/Getty Images)</span></em></p> <p class="p9"><span class="s8"><strong>Is Bernie Sanders a socialist?</strong> He is the country's <strong>most popular active politician</strong> <a href="http://thehill.com/homenews/campaign/329404-poll-bernie-sanders-countrys-most-popular-active-politician" target="_blank">according to the polls</a>, but he's not socialist enough, according to the editors of the Jacobin. Noam Chomsky <a href="http://thehill.com/blogs/congress-blog/presidential-campaign/271652-what-does-sanders-mean-by-democratic-socialism" target="_blank">famously called him</a> </span><span class="s9">“a decent, honest New Dealer.”</span><span class="s2"> Sanders himself draws the distinction, calling his politics - <strong>democratic socialism</strong>. He often refers to Scandinavian countries as models for what he would like the United States to become. Sanders’s key themes of reducing economic inequality and the influence of politics in money appeals to a cross-section Americans from the left and the right. </span></p> <p class="p9"><span class="s2">To combat the negative stereotypes of socialism, Sanders <a href="https://www.nytimes.com/politics/first-draft/2015/11/19/bernie-sanders-defends-democratic-socialism-calling-it-route-to-economic-fairness/" target="_blank"><span class="s10">invokes</span></a> the New Deal policies of Franklin Delano Roosevelt that were called “socialist” like establishing social security and the minimum wage. Sanders also links the way he sees the world to Martin Luther King’s calls for social and economic justice. </span> </p> <p class="p9"><span class="s2">To Sanders, education, affordable housing and universal health care are the public’s right rather than private commodities that can be used to turn a profit. Still, he has not called for nationalizing any industries, <a href="http://time.com/4121126/bernie-sanders-democratic-socialism/" target="_blank"><span class="s10">saying specifically</span></a> </span><span class="s11">“I don’t believe government should own the means of production.”</span></p> <p class="p12"><span class="s2">He defined “democratic socialism” himself in 2015 as a necessary adjustment in an increasingly unequal society.</span></p> <blockquote>
<p class="p13"><span class="s2">“Democratic socialism means that we must create an economy that works for all, not just the very wealthy. Democratic socialism means that we must reform a political system in America today which is not only grossly unfair but, in many respects, corrupt.,” <a href="https://berniesanders.com/democratic-socialism-in-the-united-states/" target="_blank"><span class="s12">said Sanders</span></a>, adding “</span><span class="s13">In my view, it’s time we had democratic socialism for working families, not just Wall Street, billionaires and large corporations.”</span></p>
</blockquote> <p class="p13"><span class="s13"><img type="lazy-image" data-runner-src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8xODQxMDA3Ny9vcmlnaW4uanBnIiwiZXhwaXJlc19hdCI6MTY3MzkyMjQ0M30.-r53kVntPbF69nhfC-JU1VmwmJuBGMooIv9NnLV9Axc/img.jpg?width=980" id="020cd" class="rm-shortcode" data-rm-shortcode-id="3d6a453edf2e49d54474430f6e3a73f3" data-rm-shortcode-name="rebelmouse-image"><br></span></p> <p><!-- p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; line-height: 14.0px; font: 12.0px 'Helvetica Neue'; color: #1a1a1a; -webkit-text-stroke: #1a1a1a; background-color: #f7f7f7} span.s1 {font-kerning: none} --> </p><p class="p1"><em><span class="s1">Jeremy Corbyn, Leader of the Labour Party speaks during a campaign rally at Union Chapel Islington on June 7, 2017 in London, United Kingdom. (Photo by Leon Neal/Getty Images)</span></em></p> <p class="p14"><span class="s2"><strong>Is Jeremy Corbyn a socialist?</strong> The leader of UK’s Labour Party, which <a href="http://www.independent.co.uk/news/uk/politics/labour-leader-jeremy-corbyn-more-popular-opinion-polls-theresa-may-brexit-sunday-times-philip-a7807421.html" target="_blank"><span class="s10">won a surprising number of seats</span></a> against the ruling Conservative Party in recent elections, </span><span class="s2">also identifies as a “democratic socialist.” <a href="http://www.labour.org.uk/index.php/manifesto2017" target="_blank"><span class="s10">Labour’s 2017 manifesto</span></a>, titled “For the Many, Not the Few” includes plans to re-nationalize the rail, postal and water services, abolish college tuition fees, increase the minimum wage and spending on national healthcare, as well as upping the tax on the wealthy. Many of these ideas are certainly more to the left of what's been proposed by Sanders for the U.S.</span></p> <p class="p14"><span class="s2">Corbyn’s message has energized young voters in particular, with close to 70% of those 18 to 24 supporting Labour. How much more support can these kinds of ideas gain? <a href="http://www.independent.co.uk/news/uk/politics/labour-leader-jeremy-corbyn-more-popular-opinion-polls-theresa-may-brexit-sunday-times-philip-a7807421.html" target="_blank"><span class="s10">The latest polls</span></a> show the party’s appeal growing wider still, now 5% ahead of the Tories at 46%. Corbyn’s personal approval is also high, better than the Prime Minister Theresa May’s.</span></p> <p class="p14"><span class="s2">To consider why the ideas of socialism continue to have followers in our times, let’s turn to Albert Einstein. One of the world’s most brilliant thinkers who had seen the effects of socialism in his lifetime,</span><span class="s14"> Einstein wrote an <a href="https://monthlyreview.org/2009/05/01/why-socialism/" target="_blank"><span class="s2">essay called “Why socialism”</span></a> in 1949 that still resonates in some of its themes. </span></p> <p class="p14"><span class="s14"><img type="lazy-image" data-runner-src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8xODQxMDA3OS9vcmlnaW4uanBnIiwiZXhwaXJlc19hdCI6MTYxOTg2OTMzM30.wJrGGb4LD7JgdQxrkpY3BpIivrjucAXQVja6T7ETz0U/img.jpg?width=980" id="d10ef" class="rm-shortcode" data-rm-shortcode-id="321d62bfceb97a36cc3089ec227737a2" data-rm-shortcode-name="rebelmouse-image"><br></span></p> <p><!-- p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; line-height: 14.0px; font: 12.0px 'Helvetica Neue'; color: #1a1a1a; -webkit-text-stroke: #1a1a1a; background-color: #f7f7f7} span.s1 {font-kerning: none} --> </p><p class="p1"><em><span class="s1">German-born American physicist Albert Einstein (1879 - 1955) speaking during his Science And Civilization lecture at the Royal Albert Hall, London. (Photo by Keystone/Getty Images)</span></em></p> <p class="p17"><span class="s15">Einstein critiques capitalism as having a tendency towards becoming an oligarchy where “</span><span class="s2">private capital tends to become concentrated in few hands” that cannot be “effectively checked even by a democratically organized political society”. This happens because the capitalists control the main mass media sources (including education) while the members of the government come from political parties that are “largely financed or otherwise influenced by private capitalists who, for all practical purposes, separate the electorate from the legislature.” As as a result of that, according to Einstein, these representatives do not “sufficiently protect” the interests of the underprivileged.</span></p> <p class="p17"><span class="s2">Sounds familiar? If similar challenges present themselves almost 70 years later, it is no surprise solutions like socialism come back. Of course, there are now also <a href="https://bigthink.rebelmouse.com/paul-ratner/fascism-101-what-it-would-take-for-it-to-come-to-america" target="_blank"><span class="s16">fears of fascism</span></a> returning to fashion.</span></p> <p class="p17"><span class="s2">Einstein saw the establishment of a “socialist economy” with an accompanying educational system that’s oriented towards social goals as the only way forward for society.</span></p> <blockquote>
<p class="p19"><span class="s2">“In such an economy, the means of production are owned by society itself and are utilized in a planned fashion. A planned economy, which adjusts production to the needs of the community, would distribute the work to be done among all those able to work and would guarantee a livelihood to every man, woman, and child. The education of the individual, in addition to promoting his own innate abilities, would attempt to develop in him a sense of responsibility for his fellow men in place of the glorification of power and success in our present society,” <span class="s16"><a href="https://monthlyreview.org/2009/05/01/why-socialism/" target="_blank">wrote Einstein.</a></span></span></p>
</blockquote> <p class="p17"><span class="s14">Einstein did caution, however, perhaps with an eye towards the Soviet Union, that a planned economy might result in “</span><span class="s2">the complete enslavement of the individual” by the bureaucracy and saw it essential for socialism to resolve the problem of protecting the rights of the individual. </span></p> <p class="p17"><span class="s2">Historical lessons aside, socialism is a rejuvenated force. <a href="https://www.theguardian.com/commentisfree/2016/feb/29/why-are-there-suddenly-millions-of-socialists-in-america" target="_blank">Polls show </a>that somewhere between 30 to 60% of Democratic voters have a favorable view of its ideas. <a href="http://thefederalist.com/2016/02/15/why-so-many-millennials-are-socialists/" target="_blank">Over 50%</a> of millennials have a positive opinion of socialism. As automation is sure to put <a href="http://bigthink.com/paul-ratner/heres-when-machines-will-take-your-job-predict-ai-gurus" target="_blank"><span class="s16">a major portion of the world out of work</span></a>, the issues around ownership of necessary resources and distribution of wealth are sure to stay vital.</span></p> <p class="p17"><span class="s2">Check out this video from mathematician and economist Eric Weinstein on how capitalism can use socialist principles to cure what ails it:</span></p> <p class="p17"><span class="s2"> </span></p><div class="video-full-card-placeholder" data-slug="eric-weinstein-capitalism-is-in-trouble-socialist-principles-can-save-it" style="border: 1px solid #ccc;">
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</div> <p class="p17"><em>Cover photo: A US-made 1957 Chevrolet Bel Air races past a billboard that reads,'Stronger than ever, Socialism' 14 February near Santa Maria del Mar, Cuba. (Photo credit: ADALBERTO ROQUE/AFP/Getty Images)</em></p>
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Is Universal Basic Income the Best or Worst Idea Ever?
It really depends on who you ask, as one European poll found out.
10 May, 2017
Data visual by Dalia Research
<p dir="ltr">We've mentioned the idea of Universal Basic Income, or <a href="http://bigthink.com/natalie-shoemaker/people-have-been-talking-about-universal-basic-income-for-a-long-time-what-makes-this-time-different" target="_blank"><span>universal income guarantee</span></a>, here before at Big Think. <a href="http://bigthink.com/ideafeed/can-a-guaranteed-income-for-everyone-fix-inequality-and-poverty" target="_blank">You might say</a> <a href="http://bigthink.com/natalie-shoemaker/work-is-changing-basic-income-could-help-it-change-for-the-better" target="_blank"><span>that we enjoy</span></a> <a href="http://bigthink.com/natalie-shoemaker/want-to-increase-goodwill-implement-a-universal-basic-income" target="_blank"><span>mentioning it a lot</span></a>. The idea goes back to the 1400s and has been taken up by many big thinkers throughout history, from Martin Luther and <a href="http://bigthink.com/words-of-wisdom/mlk-jr-find-the-good-in-your-enemies" target="_blank"><span>Martin Luther King</span></a> to Thomas Moore and <a href="http://bigthink.com/scotty-hendricks/draining-the-swamp-chicago-style-milton-friedman-and-when-government-is-the-problem" target="_blank"><span>Milton Friedman</span></a>.</p> <p dir="ltr"><strong>But, what do the polls say? Do people actually want this, no matter what the experts argue?</strong><span><br class="kix-line-break"></span><span><br class="kix-line-break"></span><span>Support for the idea in the US was high enough in the early 1970s to prompt George McGovern to include it on his presidential platform, and for President Nixon to support a similar measure that failed to pass in Congress. </span><span><a href="https://en.wikipedia.org/wiki/Negative_income_tax#Experiments" target="_blank">Tests of the effects of the program were made in rural Iowa and North Carolina at that time.</a></span></p> <p dir="ltr">More recently, a <a href="https://daliaresearch.com/blog-31-of-europeans-want-basic-income-as-soon-as-possible/?utm_source=Dalia+Newsletter&utm_campaign=ac5bab9bbf-EMAIL_CAMPAIGN_2017_04_21&utm_medium=email&utm_term=0_50a448b65b-ac5bab9bbf-428311357" target="_blank">poll</a> showed<strong> 68% of Europeans support the idea of a basic income</strong>, and 31% of them want it as soon as possible. <a href="https://daliaresearch.com/wp-content/uploads/2017/05/basic_income_2017-2.pdf" target="_blank"><span>However, 48% of those who support the idea want to see a successful trial run first</span></a>. Although, despite these numbers, <a href="http://www.bbc.co.uk/news/world-europe-36454060" target="_blank"><span>a referendum to introduce the basic income to Switzerland was crushed in a 77-23 percent landslide.</span></a></p> <p dir="ltr"><span><img type="lazy-image" data-runner-src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8xODQwOTkyNS9vcmlnaW4uanBnIiwiZXhwaXJlc19hdCI6MTYxNjg2MzY3M30.KaeHmM3Q4f5jf_B5ZZNvxpSBPxfYul6g3MCq8StqVvQ/img.jpg?width=980" id="ff667" class="rm-shortcode" data-rm-shortcode-id="e36d3b6eadca175c42294fb0e5575ff9" data-rm-shortcode-name="rebelmouse-image"></span></p> <p dir="ltr"><em>A rally in favor of the defeated Swiss referendum; there are eight million coins here, one for each Swiss citizen. </em></p> <p dir="ltr"><strong>Well, that seems a little odd, given all the good you often hear about it. Why might people support, or not support the idea?</strong></p> <p dir="ltr"><span>The simplest reason for the supporting the idea, and the one that 52% of interviewed people cite, is </span><span>increased financial security.</span><span> The freedom from having to work to merely survive is a powerful idea. When Canada tested basic income in the 1970s, this effect was seen quite clearly. The number of hours worked by the population was reduced, but it was shown that this time was often devoted to child care and increased educational opportunities.</span></p> <p dir="ltr"><span>On the political right, basic income is supported as the element which makes hypothetical models of ideal markets practical. Milton Friedman argued that the labor market is rendered inefficient by our need to work to survive, and that a variant of basic income would allow the job market to function more effectively. <span id="docs-internal-guid-13bbb6e9-f1aa-0ae2-0eba-1b5b40546d0c"><span>Many conservative supporters of basic income support the idea of the drastic reduction the bureaucracy that a single, all inclusive, welfare check would entail. </span></span></span></p> <p dir="ltr">On the left, the support is behind the promise of the end of poverty, caused by bad luck, discrimination, economic cycle, or <a href="http://bigthink.com/philip-perry/47-of-jobs-in-the-next-25-years-will-disappear-according-to-oxford-university" target="_blank">automation alike</a>. This rationale was endorsed by Martin Luther King Jr, a supporter of the basic income, who stated that: "<strong><span>I am now convinced that the simplest approach will prove to be the most effective – the solution to poverty is to abolish it directly by a now widely discussed measure: the guaranteed income."</span></strong></p> <p dir="ltr"><span id="docs-internal-guid-13bbb6e9-f1aa-7cdb-a872-77be54776a35"><span>A final area of support is found in the futurist community. Those who suppose that the development of technology can and will render most of the current economy obsolete. They support the notion of a basic income as the freedom to invest time in culture, science, and the like in an age when work is increasingly automated. </span></span>This would then lead to <a href="http://bigthink.com/robby-berman/the-missing-apex-of-maslows-hierarchy-could-save-us-all" target="_blank">the flourishing of the individual</a>, now free to learn, grow, and self-improve.</p> <p><iframe frameborder="0" height="663" scrolling="no" src="http://e.infogr.am/ubi_against_2017?src=embed" width="550"></iframe></p> <p dir="ltr"><span>But there are objections to handing out large sums of cash to everybody. No less a man than FDR was opposed to the idea of a dole over guaranteed employment as a means to fight poverty. Saying, <strong>“</strong></span><strong>The lessons of history, confirmed by the evidence immediately before me, show conclusively that continued dependence upon relief induces a spiritual and moral disintegration fundamentally destructive to the national fibre. To dole out relief in this way is to administer a narcotic, a subtle destroyer of the human spirit. It is inimical to the dictates of sound policy. It is in violation of the traditions of America. Work must be found for able-bodied but destitute workers.”</strong></p> <p dir="ltr"><span>We also face the practical issue of implementation. While the benefits of removing nearly all of a national welfare system and replacing it by a single, simple, payout would be massive, estimates for the taxes required to pay for basic income show moderate required increases. </span><a href="http://www.bien2012.de/sites/default/files/paper_253_en.pdf" target="_blank"><span>They are in the 45 percent range in Ireland</span></a><span> and the 40 percent range in the United States, if done as a flat tax. As people tend to not like higher taxes, this does present a practical problem for the implementation. The difficulty of removing an established bureaucracy must also be considered.</span></p> <p><iframe frameborder="0" height="663" scrolling="no" src="http://e.infogr.am/ubi_for_2017-2077?src=embed" width="550"></iframe></p> <p dir="ltr"><span><span id="docs-internal-guid-13bbb6e9-f1aa-b769-4055-8fb8741fc168"><span>Lastly, there is the ironic fear that the basic income wouldn’t go far enough. While current models of welfare are structured on need, (old-age pensions, medical care coverage, aid for buying food, etc.) basic income would have no such considerations. </span><a href="https://www.bundestag.de/dokumente/textarchiv/2010/31904334_kw45_pa_petitionen/203030" target="_blank"><span>The German government</span></a><span> considered this a reason to think that basic income would be </span><span>less effective</span><span> for the poorest members of society than the current model. </span></span><br></span></p> <p dir="ltr">Attempts at implementation continue, <a href="http://basicincome.org/news/2017/05/us-california-state-legislature-consider-carbon-dividend/" target="_blank">with California planning to create a more limited program financed by taxes on carbon emissions.</a> This program would be only a partial income guarantee, similar to the Alaska Permanent Fund. <span><a href="https://bigthink.rebelmouse.com/stefani-cox/finlands-guaranteed-income-innovative-or-a-flop" target="_blank">Finland’s massive pilot program</a> </span>carries on as well. <br class="kix-line-break"><br class="kix-line-break">Universal basic income is an issue that will define our time. Will we be the ones to abolish poverty directly and forever? Or will we be remembered as the cause of a great moral decay? Will we even enact the programs? All questions which must be answered in good time. Basic income stands as an intriguing idea of what we can do as a society, if the political will exists.</p> <div class="video-full-card-placeholder" data-slug="jeffrey-sachs-on-universal-basic-income-and-social-democracy" style="border: 1px solid #ccc;">
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