Home
/
RELIGION & LIBERTY ONLINE
/
Marx vs. the universal basic income
Marx vs. the universal basic income
Jul 3, 2025 12:03 AM

While a universal basic e has been advocated by everyone from Bernie Sanders to Charles Murray and Pope Francis, the name most associated with wealth redistribution is Marx. However, in a little-known writing Marx specifically opposed the UBI, calling it inefficient and counterproductive. The policy would leave many of its intended beneficiaries worse off, he wrote.

Of course, we’re discussing Ive Marx, an economist and sociology professor at the University of Antwerp.

Marx’s scholarly work focuses on wealth redistribution and anti-poverty programs, both of which he favors. However, he has the honesty to admit that poverty and e inequality are not synonymous. Government programs to “solve” one problem may exacerbate the other.

Marx and a team of researchers tested the effects of introducing a universal basic e in the Netherlands. Their model assumed that the government would give every adult under the age of 65 a monthly check of €700 ($760 U.S.) and €165 a month to minors. The program’s €94 million price tag would have to be paid for with bination of tax increases and service reductions.

Marx said a UBI would reduce e inequality, but it would increase poverty by 3%. Flanders Today reported:

These measures would result in at least three quarters of 18- to 64-year-olds losing out financially; 30% would lose more than a tenth of their e. …

“There is lots to be said for a basic economic law, given the growing inequality in prosperity. But handing out cash doesn’t seem to be the best way,” said Marx, the head of the university’s sociology department, inDe Standaard.

In a message on Twitter, Marx clarified that his study concluded a UBI “is massively inefficient if one cares about the least well-off in society.”

Add his study to the ever-increasing number of tests the universal basic e program has failed. UBI pilot programs from the United States to Finland found that UBI failed to increase the number of people in employment, and it often reduced the number of people working full time. Fewer work hours equates to a shrinking supply of goods and services—that is, less wealth—which gradually depletes the national resources available to everyone, including the truly needy.

These insights are pivotal, as the pontiff of the Roman Catholic Church has endorsed a universal basic e, and House Democrats introduced a bill on Tuesday to give $2,000 a month to every American age 16 or older, purportedly as a temporary measure. In the Netherlands, 170 scientists demanded a universal basic e as part of prehensive package to undo the supposedly apocalyptic damage caused by “the neo-liberal economic system.”

Marx and his team found that if lawmakers hope to subsidize those in unfortunate circumstances, more targeted programs are preferable to, and more successful than, a UBI.

The conclusion is true as far as it goes. However, Marx makes the mistake of excluding the church and private philanthropy from temporary poverty alleviation. And those who focus on the UBI specifically, and statist wealth redistribution policies in general, ignore the most effective form of poverty reduction: employment. Nonetheless, Marx and his team find that the UBI falters pared to other, less expansive government policies.

This is one “Marxist” insight everyone should embrace.

domain.)

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Thank God for single-use plastic bags
Perhaps the only positive thing e from the COVID-19 global pandemic has been the way it exposed a raft of never-needed regulations imposed by every level of government. Unfortunately, rather than repealing one such ordinance which could contribute to the spread of the coronavirus, the UK’s Conservative government has literally doubled down. The government-mandated cost of single-use plastic bags at groceries and stores will double, from five pence each to 10, beginning next April. Environment Secretary George Eustice also announced...
Jimmy Lai innocent, Pope Francis silent on Hong Kong
A court has found Hong Kong dissident Jimmy Lai not guilty of intimidation. But that does not mean he, or Hong Kong, can rest easy – especially as he faces the prospect of life in prison without any public support from the most important institution in his life: the Vatican. As global political and thought leaders denounce Beijing’s encroachments, Pope Francis remains uncharacteristically silent. Lai, the self-made billionaire publisher of the Apple Daily newspaper, could have been sentenced to five...
Justice demands ‘Just Money’
Widespread civil unrest, social media fueled hysteria, and political polarization have infected our public life. Vice President Joe Biden suggested on Monday that these problems have been fomented by his opponent. President Donald Trump likewise suggested that it is his political opponents, including Vice President Biden, who are responsible. Both answers are politically convenient for the candidates but fail to take into account the international nature of the revolt of the public against elites of all parties and cliques. Our...
Donald Trump’s bad prescription for drug prices
The final night of the 2020 Republican National Convention included powerful lines promoting the Trump administration’s drug price policies. President Donald Trump claimed that his recent executive orders on drug prices “will massively lower the cost of your prescription drugs.” His daughter Ivanka likewise said that her father “took dramatic action to cut the cost of prescription drugs.” In 2015, U.S. Americans spent more than twice the OECD average on prescription drugs. Trump signed a price control-based executive order in...
Acton Line podcast: Using social media for good with Daniel Darling
On February 4th, 2004, a sophomore at Harvard University by the name of Mark Zuckerberg launched TheFacebook. At the time, the social networking website was limited to only students at Harvard. And while other social networking platforms like MySpace and Friendster predated the launch of Facebook, it was that February day in Cambridge, Massachusetts that the age of social media was truly born. Today, Facebook boasts 2.5 billion active users, is available in 111 languages, and is the 4th most...
C.S. Lewis and Nicolás Maduro on Venezuela’s plunging birthrate
The birth of a child is life’s greatest joy – unless a dictator is asking you to have children to increase his personal power base, and he has destroyed the economy so badly that you can’t feed yourself. That is the situation in Venezuela. “Every woman should have six children for the good of the country,” said Bolivarian socialist Nicolás Maduro in March. He urged the nation’s women to “give birth, give birth” in order to “grow the country.” In...
Kellyanne Conway and America’s politically fractured families
Kellyanne Conway likely gave her last public speech in her role as White House adviser on Wednesday night at the Republican National Convention. The Conway clan’s political divisions mirror the growing bitterness that has e ingrained in families nationwide as America es more politicized, more secular, and less tolerant of philosophical diversity. The Conway family’s carnage has played out painfully on social media. Kellyanne Conway distinguished herself as a pollster before guiding Donald Trump’s successful presidential campaign. She has served...
How to beat the ‘social recession’ of COVID-19
Before the COVID-19 crisis began, America was already facing a severe loneliness epidemic – marked by decades-long increases in suicide and chronic loneliness and declines in marriage munity attachment. Now, amid flurries of sweeping lockdowns, the struggle has e harder still, pushing any remnants of munity deeper into the confines of social media. We are facing a “social recession,” argues the Manhattan Institute’s Michael Hendrix, driven by a mix of stress over public health, economic anxiety, and the isolating effects...
Jimmy Lai verdict expected this week
Like his fellow Hong Kong citizens, Jimmy Lai faces a date with destiny. A Chinese judge will decide on Thursday whether the Catholic dissident publisher goes to jail for up to five years over trumped-up intimidation charges. Lai stands accused of purportedly intimidating a reporter at a Tiananmen Square memorial in 2017. But the evidence shows Lai should have felt threatened. The Apple Daily founder says the reporter has stalked him for years on behalf of rival Oriental Daily News,...
From CARES to worries: The post-COVID economy calls for bold entrepreneurship
After months of facing the coronavirus, Americans now face a spreading virus of evictions. More than 5,845,000 Americans have tested positive for COVID-19 since it reached the United States. As a result, almost 18 million people have lost their jobs or were forced to remain at home in order to protect themselves and their families from the novel coronavirus. Beginning at the end of March, the CARES (Coronavirus Aid, Relief, and Economic Security) Act, passed by Congress and signed into...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved