If one factor explains Benoît Hamon’s insurgent victory in France’s Socialist party presidential primary it is the attention and support he gained by enthusiastically placing the idea of a universal basic income (UBI) at the centre of his campaign. Indeed, as the centre left searches for a big idea that can capture the public imagination, UBI has rapidly become widely fashionable. Experiments in different form of a basic income are also either running or being considered in Finland, the Netherlands and Scotland. In the UK, Labour recently announced a plan to ‘investigate’ basic income. What has for centuries been an outpost of radical, even obscure, philosophical and economic debates could soon become a reality. So has the time finally come for a universal basic income? In their latest Policy Network paper on ‘Europe’s new social reality’, produced with the Foundation for European Progressive Studies (Feps), Daniel Sage and Patrick Diamond make a determined argument that as policy answer to profound challenges around the future of both work and welfare UBI is in fact unclear and unpersuasive.
|Place of Publication||London|
|Number of pages||39|
|Publication status||E-pub ahead of print - 16 Feb 2017|