Home
/
RELIGION & LIBERTY ONLINE
/
Marx vs. the universal basic income
Marx vs. the universal basic income
Apr 6, 2025 7:42 PM

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
The Complexities of Airport Capitalism
Over at The Federalist today, I ruminate on a conversation I overheard at an airport recently. I was an innocent auditor, I assure you. In the words of Sam Gamgee to Gandalf, “I ain’t been droppin’ no eaves sir, honest.” The conversation had to do with the prices of goods and services on offer atairports. To simply blame (or credit) capitalism with the situation is misleading. As I conclude, “We should try to understand the words people are using, the...
7 Figures: Family Structure and Economic Success
Family structure is one of the most significant, though oft-overlooked, factors that affect the economic fortunes of Americans. A new study from AEI titled “For Richer or Poorer” documents the relationships between family patterns and economic well-being in America and shows how radically it can affect e. Here are seven figures you should know from the study: 1. The growth in median e of families with children would be 44 percent higher if the United States enjoyed 1980 levels of...
Buy A Baby And We’ll Throw In Citizenship For Free!
The Obama administration has created a policy wherein foreigners who purchase a baby via an American surrogate will be able to claim U.S. citizenship for the child. According to the Daily Caller: The fertility clinics will be able to pocket the profits, after granting access to American education, health, welfare and retirement services to the foreign children and the foreign parents. The giveaway is plished by a surprise change in regulations, which redefined the term “mother” to include women who...
Child Soldiers: Another Form Of Human Trafficking
Children in poor and war-torn countries are often trafficking victims. They are lured from their homes with promises of making money in factories or at farms. Sometimes they are kidnapped. And sometimes, they are recruited for war. Tom Burridge of BBC News reports on the war in South Sudan, and the prevalence of “recruiting” young boys to fight. On a normal school day, Burridge says that more than 100 boys are kidnapped from their classroom and told they must fight...
Radio Free Acton: Gerard Lameiro on Renewing America’s Heritage of Freedom
Gerard Lameiro speaks at the 2014 Acton Lecture Series Earlier this month, Acton ed Gerard Lameiro to the Mark Murray Auditorium to deliver a lecture as part of the fall 2014 Acton Lecture Series. He spoke on the topic of “Renewing America and Its Heritage of Freedom,” which also happens to be the title of his latest book. Following his lecture, I sat down with Lameiro to discuss his thoughts on the gradual loss of freedom we’ve experienced in the...
Italian Edition of ‘The Good That Business Does’ Launched in Rome
Italian edition of “The Good That Business Does” by Robert G. Kennedy (Fede e Cultura, 2014) On Oct. 23, before a capacity-audience at the Pontifical University of the Holy Cross, the Acton Institute and Italian publishing house Fede e Cultura launched Robert G. Kennedy’s Il bene che fanno gli affari (original title “The Good That Business Does,” Acton, 2006, Christian Social Thought Series). The pontifical university’s research center, Markets, Culture and Ethics, acted as co-sponsor with its vice academic director...
What’s the Right Minimum Wage?
What’s the perfect minimum wage? $10 an hour? $20? $50? Economist David Henderson explains why it should be “zero.” As Henderson explains, when the state mandates a minimum wage (or an increase), it makes harder for unemployed people to find work and forces business owners to cut the hours of lower-skilled employees. ...
Abraham-Parousia: Part 3 of Kuyper’s ‘Common Grace’ Now Available
Christian’s Library Presshas now released the third part in its series of English translationsof Abraham Kuyper’s most famous work,Common Grace, a three-volume work of practical public theology. This release,Abraham-Parousia, is the third and final part of Volume 1: The Historical Section, following Part 1 (Noah-Adam) and Part 2 (Temptation-Babel). Common Grace (De gemeene gratie)was originally published in 1901-1905 while Kuyper was prime minister. This new translation offers modern Christians a great resource for understanding the vastness of the gospel message,...
Public Health: Is ‘Social Justice’ More Important Than Sound Science?
The Center for Disease Control (CDC) has been criticized recently for its handling of the Ebola cases in the United States, and for its lax suggestions regarding travelers from countries where Ebola is rampant. In today’s City Journal, Heather Mac Donald suggests that the CDC’s lack of leadership has more to do with political correctness in the public health arena and their version of “social justice” than with science. Science would assert that people make choices that have an effect...
Samuel Gregg: The Envy-Inequality Nexus
Acton’s Director of Research, Sam Gregg, ponders “Envy In A Time Of Inequality” in today’s American Spectator. Envy, he opines, is the worst human emotion. From the time that Cain killed Abel to today’s “near-obsession with inequality,” Gregg says envy is driving public policy…and that’s not good. The situation isn’t helped by the sheer looseness of contemporary discussions of economic inequality. Inequality and poverty, for instance, aren’t the same things. That, however, doesn’t stop people from conflating them. Likewise, important...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved