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Money for everything? Universal basic income in a crisis

Thompson, Matthew; (2022) Money for everything? Universal basic income in a crisis. Economy and Society 10.1080/03085147.2022.2035930. (In press). Green open access

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Abstract

This paper explores universal basic income (UBI) in relation to crisis, from COVID-19 to techno-economic disruptions to work and prospective post-capitalist transition. Critical debates around automation, wage labour and post-work are brought into conversation with emerging trends in urban political economy around foundational infrastructure, smart cities and platform capitalism. To deliver the socio-economic transformations promised by UBI’s advocates, it is argued that more radical structural interventions in capitalist asset ownership and property relations, alongside democratized state investment in technological development, universal basic services and infrastructure, are necessary counterparts to any sufficient UBI – that is, if we hope to construct new systems of collective coordination capable of contending with complex epidemiological, economic and ecological crises.

Type: Article
Title: Money for everything? Universal basic income in a crisis
Open access status: An open access version is available from UCL Discovery
DOI: 10.1080/03085147.2022.2035930
Publisher version: https://doi.org/10.1080/03085147.2022.2035930
Language: English
Additional information: Copyright © 2022 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Keywords: work, crisis, foundational economy, platform capitalism, state transformation, radical republicanism, POLITICS, WORK, TRANSFORMATION, REPUBLICANISM
UCL classification: UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > Inst for Innovation and Public Purpose
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL
URI: https://discovery.ucl.ac.uk/id/eprint/10146467
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