A universal basic income in the superstar (digital) economy

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 mig...

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Main Author: White, Andrew
Format: Article
Language:English
Published: Taylor & Francis 2018
Subjects:
Online Access:https://eprints.nottingham.ac.uk/53819/
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author White, Andrew
author_facet White, Andrew
author_sort White, Andrew
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description 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.
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spelling nottingham-538192019-08-24T04:30:21Z https://eprints.nottingham.ac.uk/53819/ A universal basic income in the superstar (digital) economy White, Andrew 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. Taylor & Francis 2018-08-24 Article PeerReviewed application/pdf en https://eprints.nottingham.ac.uk/53819/1/1.pdf White, Andrew (2018) A universal basic income in the superstar (digital) economy. Ethics and Social Welfare . pp. 1-15. ISSN 1749-6535 Universal basic income; digital economy; automation; joblessness http://dx.doi.org/10.1080/17496535.2018.1512138 doi:10.1080/17496535.2018.1512138 doi:10.1080/17496535.2018.1512138
spellingShingle Universal basic income; digital economy; automation; joblessness
White, Andrew
A universal basic income in the superstar (digital) economy
title A universal basic income in the superstar (digital) economy
title_full A universal basic income in the superstar (digital) economy
title_fullStr A universal basic income in the superstar (digital) economy
title_full_unstemmed A universal basic income in the superstar (digital) economy
title_short A universal basic income in the superstar (digital) economy
title_sort universal basic income in the superstar (digital) economy
topic Universal basic income; digital economy; automation; joblessness
url https://eprints.nottingham.ac.uk/53819/
https://eprints.nottingham.ac.uk/53819/
https://eprints.nottingham.ac.uk/53819/