Description
Book SynopsisAs jobs disappear and wages flat-line, paid work is an increasingly fragile and unattainable basis for dignified life. This predicament, deepened by the COVID-19 pandemic, is sparking urgent debates about alternatives such as a universal basic income (UBI). Highly topical and distinctive in its approach, In the Balance is the most rounded and up-to-date examination yet of the need and prospects for a UBI in a global South setting such as South Africa.
Hein Marais casts the debate about a UBI in the wider context of the dispossessing pressures of capitalism and the onrushing turmoil of global warming, pandemics and social upheaval. Marais surveys the meaning, history and appeal of a UBI before even-handedly weighing the case for and against such an intervention. The book explores the vexing questions a UBI raises about the relationship of paid work to social rights, about prevailing notions of entitlement and dependency, and the role of the state in contemporary capitalism.
Along with cost estimates for different versions of a basic income in South Africa, it discusses financing options and lays out the social, economic and political implications. This incisive new book advances both our theoretical and practical understanding of the prospects for a UBI.
Table of Contents
- Acknowledgements
- Introduction
- Chapter 1 The crisis of waged work
- Chapter 2 Behind the idea of a universal basic income
- Chapter 3 The attractions of a universal basic income
- Chapter 4 Testing the arguments against
- Chapter 5 Financing a universal basic income
- Chapter 6 The politics and economics of a universal basic income
- Chapter 7 Conclusion
- Bibliography
- Index
