‘The Left will find that it has bought a Trojan Horse’: The dialectics of universal basic income

Abstract

Recent years have seen an explosion of interest in basic income proposals. While this is not an entirely new phenomenon, what is different about the current discourse is the Left’s wholehearted embrace of what has traditionally been seen as a conservative social policy in Britain. It is my contention that UBI is potentially a dangerous policy for the Left, in that it risks undermining the – admittedly imperfect – welfare protections already in existence. This paper draws on Marxist political economy in order to demonstrate how the emancipatory potential of UBI has been somewhat overstated by some of its Leftist supporters, while a discussion of the neutrality of the State is important in considering how this ‘shape-shifting social policy' is likely to be implemented in practice.