A Tale of Two Ideas

Leah Hamilton ()
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Leah Hamilton: Appalachian State University

Chapter Chapter 1 in Welfare Doesn't Work, 2020, pp 1-20 from Palgrave Macmillan

Abstract: Abstract Since the fall of feudalism in Europe, western governments have implemented minimal and punitive public assistance programs to maintain a delicate balance between preventing revolt and ensuring a steady stream of workers willing to accept meager wages. While advocates throughout history have presented an alternative, the universal basic income (UBI), the inexhaustible need for cheap labor created by agriculture and industrialization has proven an infertile ground for UBI ideals. Rising inequality and automation of the twentieth and twenty-first centuries, however, have created renewed interest in basic income, which may present the solution to ineffective modern welfare policy.

Keywords: Welfare; Race; Revolution; Basic income (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:pal:etbchp:978-3-030-37121-0_1

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DOI: 10.1007/978-3-030-37121-0_1

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