Benjamin Studebaker

Yet Another Attempt to Make the World a Better Place by Writing Things

Tag: UBI

Neoliberalism isn’t Dead Yet

As the coronavirus crisis drags on, it has become popular to declare this to be the death of neoliberalism. If neoliberalism were simply noninterference in the economy, the large stimulus packages passed around the world would seem to signify its end. But neoliberalism was never simply about noninterference. Neoliberalism is characterised by economic integration without political integration. Low trade barriers make states compete with each other for investment and jobs, and that pushes states to lower taxes, cut spending, deregulate, deunionise, and push down wages. By globalising the economy, neoliberalism creates a race to the bottom. It subjects states to a global market without creating a global polity to govern that market. We end up governed by an impersonal market logic which frequently conflicts with our needs and interests.

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The Real Stakes of Trump’s Trade War With China

I have a new piece out at New Republic on the president’s tariffs. You can read it here:

They have edited it to sync up with their preferred style, so it reads a bit differently from the rest of my work.

Andrew Yang is Playing Hide and Seek With the Left Press

When a politician is caught out for taking the wrong position or constructing their proposals poorly, they often try to cover their tracks. If they change what’s on their website or in their policy white paper and remove all traces of the previous language, most voters will never know they’ve flip-flopped. Andrew Yang does this in an especially flagrant way. It’s a game of hide and seek. Let me give you two examples. Read the rest of this entry »

Have the UBI People Turned to the Dark Side?

Yesterday, I wrote a post highlighting the regressive effects of Andrew Yang’s UBI proposal, especially its impact on our poorest and most vulnerable. Yang promises to pay for his UBI (of just $1,000 per month–far lower than the living wage) with a combination of spending cuts and a regressive VAT, or national sales tax. Yang writes openly of fooling poor people into exchanging lucrative benefits with spending-restrictions for smaller lump sums:

Andrew proposes funding UBI by consolidating some welfare programs and implementing a Value-Added Tax (VAT) of 10%. Current welfare and social program beneficiaries would be given a choice between their current benefits or $1,000 cash unconditionally – most would prefer cash with no restriction.

The post has been picked up by parts of the basic income community and has been circulated in Yang subreddits. But to my horror, many people in these circles seem to be untroubled by these features. This leaves me deeply concerned about whether rank and file Yang supporters care about poor people on any level.

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Andrew Yang’s Basic Income is Stealth Welfare Reform

When I first heard Andrew Yang was running on a UBI platform, I thought he was running to popularise universal basic income as a policy option for the future. It has become increasingly clear, however, that Yang thinks he is a real presidential candidate and that his UBI is for now, not later. The thing is, UBI is traditionally marketed as a post-work policy. The point of UBI has always been to give every citizen a large enough basic income to give them a real choice about whether or not they take a job. This levels the playing field between employers and employees, forcing employers to offer people more substantial inducements to get them to work. But it’s increasingly clear that this is not what his UBI is for. Its purpose is more sinister–it is a vehicle for legitimating benefits cuts for the poorest and most vulnerable people in our society.

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