TY - JOUR
T1 - A Universal Basic Income in the Superstar (Digital) Economy
AU - White, Andrew
N1 - Publisher Copyright:
© 2018, © 2018 Informa UK Limited, trading as Taylor & Francis Group.
PY - 2019/1/2
Y1 - 2019/1/2
N2 - This paper argues that the structural logic of the digital economy is to widen inequality, not only through its increasing automation of jobs but also in its efficiency in delivering ever greater profits to a smaller number of already-enriched organisations and individuals. Remedial actions that might be taken to mitigate the effects of some of the digital economy’s structural flaws are interrogated here, with a particular focus on universal basic income (UBI) and stake-holding schemes. The paper considers whether the digital economy’s inherent problems are of such magnitude that some sort of financial support for workers to buttress long periods of idleness, or to enable them to take risks in increasingly volatile and unstable global markets, is both desirable and politically feasible.
AB - This paper argues that the structural logic of the digital economy is to widen inequality, not only through its increasing automation of jobs but also in its efficiency in delivering ever greater profits to a smaller number of already-enriched organisations and individuals. Remedial actions that might be taken to mitigate the effects of some of the digital economy’s structural flaws are interrogated here, with a particular focus on universal basic income (UBI) and stake-holding schemes. The paper considers whether the digital economy’s inherent problems are of such magnitude that some sort of financial support for workers to buttress long periods of idleness, or to enable them to take risks in increasingly volatile and unstable global markets, is both desirable and politically feasible.
KW - automation
KW - digital economy
KW - joblessness
KW - Universal basic income
UR - http://www.scopus.com/inward/record.url?scp=85052306673&partnerID=8YFLogxK
U2 - 10.1080/17496535.2018.1512138
DO - 10.1080/17496535.2018.1512138
M3 - Article
AN - SCOPUS:85052306673
SN - 1749-6535
VL - 13
SP - 64
EP - 78
JO - Ethics and Social Welfare
JF - Ethics and Social Welfare
IS - 1
ER -