Washington’s inability to subjugate Iran is an example of how it is trying to preserve a regional order that no longer exists, argues RAMZY BAROUD
AT its most simple universal basic income (UBI) is a government programme in which every adult citizen receives a set amount of money on a regular, unconditional basis. The current range of proposals are probably best understood as a patchwork of possibilities rather than a single idea or policy, but it’s basically about giving money to solve social and economic problems.
UBI has a specious appeal and its advocates sometimes speak of it as the catholicon that will save capitalism from itself. However, some of the problems are signalled by its own advocates.
Nick Srnicek and Alex Williams in Inventing the Future, write that UBI’s establishment would allow workers to have “the option to choose whether to take a job or not (but)... if the payment isn’t high enough to let people to refuse work, UBI might push wages down and create more ‘bullshit jobs.’”
A sharp rise in public-sector investment is required to kick-start the economy, argues MICHAEL BURKE
Critics of UBI underestimate both its political significance and its economic potential, writes BERT SCHOUWENBURG
The future does not have to be climate chaos and social breakdown. MARC VANDEPITTE looks at the alternatives offered by the Global Justice Report, co-authored by Thomas Piketty
If the government really wanted to address public finances, improve living standards and begin economic recovery, it would increase its borrowing for investment, argues MICHAEL BURKE



