Universal Basic Income or a federal Job Guarantee? The discussion continues as to whether we should pursue a redistributive welfare system or a predistributive politics that reorganizes social provisioning.
Those who think Universal Basic Income represents a progressive future ought to think twice about the laissez-faire assumptions behind such proposals. Perhaps the future should be one where work is not rendered obsolete but made a meaningful, inclusive, and collective endeavor.
These 9 theses raise questions about what it means to use the signifier “capitalism” to name the economic system money conditions. When we label the totality money mediates “capitalism,” we obscure money’s status as a public utility, make its capacities to serve communal and environmental wellbeing imperceptible.
MMT and Marxism share histories and methods but diverge at the level of ontology. Critical humanists must reckon with this cleavage in order to help forge a more just and prosperous future.
Scott Ferguson holds a Ph.D. in Rhetoric and Film Studies from UC Berkeley and is presently co-director of the Film & New Media Studies Track in the Department of Humanities & Cultural Studies at the University of South Florida. He is a Research Scholar at the Binzagr Institute for Sustainable Prosperity (http://www.binzagr-institute.org/) and co-founder of the Modern Money Network: Humanities Division (@moneyontheleft; https://www.facebook.com/moneyontheleft/). His current research and pedagogy focus on Modern Monetary Theory and critiques of neoliberalism; aesthetic theory; the history of digital animation and visual effects; and essayistic writing across media platforms. He has published in Screen, boundary 2 online, Qui Parle, CounterPunch, Liminalities, Naked Capitalism, Dollars & Sense, Flassbeck Economics International, "In the Moment" (Critical Inquiry), Rebelion, Contexto y Accion. His book Declarations of Dependence: Money, Aesthetics, and the Politics of Care is forthcoming from University of Nebraska Press.