BEYOND UNIVERSAL BASIC INCOME_on Economic Update

Every Wednesday at 11am Pacific – 2pm Eastern – 19:00 GMTEconomic Update

BEYOND UNIVERSAL BASIC INCOME
_on ECONOMIC UPDATE with Richard D. Wolff

In-depth analysis of UBI shows its advantages over most welfare, safety net systems. An even better alternative would avoid capitalism’s unnecessary production of unemployment because it utilizes technical progress (rising productivity) for profits. The alternative benefits workers’ leisure rather than profits. It is more democratic and avoids splitting people into unemployed vs employed, non-poor vs poor. population.

Each show wraps up with Professor Wolff answering some questions that he receives through his website or on Facebook. Economic Update is in partnership with Truthout.org.


This show was broadcast on December 25, 2019.

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