Who knew the “problem” of “income inequality” (to use a couple of current Marxist buzzwords) could be solved so easily? And here the answer was staring us in the face the whole time, at least according to Betsy Isaacson at what’s left of Newsweek, the near-dead magazine that once told us “We Are All Socialists Now“:
In the United States—as in all of the world’s wealthier nations—ending poverty is not a matter of resources. Many economists, including Timothy Smeeding of the University of Wisconsin (and former director of the Institute for Research on Poverty) have argued that every developed nation has the financial wherewithal to eradicate poverty. In large part this is because post-industrial productivity has reached the point where to suggest a deficit in resources is laughably disingenuous. And despite the occasional political grandstanding against welfare, there is no policy, ideology or political party that is on the books as pro-starvation, pro-homelessness, pro-death or anti-dignity. Yet, poverty continues to exist…
But there may be a solution. Some might see it as radical, but advocates, both libertarian and liberal, are suggesting straight up cash: a guaranteed subsidy to everyone. “We’ve got to a technological level now where no one needs to work the traditional 40-hour week,” says Barbara Jacobson, chair of Unconditional Basic Income–Europe, an alliance of European citizens and organizations that advocate for such subsidies.
A simple cash subsidy—$15,000 per year (which is about what the average retiree gets annually from Social Security) for every household, say—would give the poor and middle class a financial floor on which they could live, take care of their loved ones and maybe, says Jacobson, “think about what really needs doing, what they would like to do, what they have trained to do, as opposed to simply what someone might hire them to do.”
The gist of the argument here is that we inefficiently spend just about as much money servicing the poor via existing programs, so why not just give them a check? This obscures the hidden argument beneath, which is about the meaning of work and the value of one’s labor in the marketplace. Because to Leftists, there ought not be a marketplace at all.
And here silly you thought this kind of thinking went out with the Soviet Union. Marxism is like a pestilence, a virus that refuses to die. What will it take to finally throttle it?