Scott Santens, “Our Paradoxical Economy Courtesy of Technology and the Lack of Basic Income”
Santens dives into the modern discussion on productivity and automation, showing that while automation has increasingly replaced human labor, those in work are on such low wages that they need to work well over 40 hours per week as a matter of survival. While many argue that technology replaces jobs but also creates new ones, Santens claims that this is not a one to one relationship and that the newly created jobs are rarely as stable as the ones being replaced. In sum, Santens believes that a basic income is the best way to fix this paradox of automation and productivity.
Scott Santens, “Our Paradoxical Economy Courtesy of Technology and the Lack of Basic Income”, Huffington Post, 9 July 2015.