I mean, the science is pretty clearly in, so we know the social and economic benefits of providing everyone with a basic income would be vast. Apparently another bonus is that it makes people “more entrepreneurial“, whatever that means and whatever’s so great about it. Sounds less exciting than escaping the constant anxiety of being homeless and starving if the intrinsically fragile capitalist economy has a bit of a bad day and decides to fuck you up, but sure.
But another thing that’s actually interesting about it, is that a basic income makes sense of a bunch of other policies many economists have recommended, but which often make bleeding-heart lefty types like me bristle.
F’rinstance: charging people a flat fee to see their GP or attend A&E. All the articles I’m finding about it seem to be at least a year old, but I’m sure this cropped up again somewhere just recently.
Basic economics tells us that an increase in something’s price will reduce the volume of its consumption; an increase from free, to a nominal fee of £10 a visit, would ease the burden faced by the NHS and reduce the volume of people using its services, but only those people whose problems are worth less than a tenner would be foregoing any medical attention. Care is still available to anyone who’d really benefit from it, but those who don’t really need it won’t go along anyway on the grounds that “might as well, it’s all free”.
The point of having money, after all, is to allow people to express preferences in a meaningful, concrete way. People who wouldn’t “prefer” to see a doctor than whatever else that small nominal fee could provide – coffee with a friend in Starbucks, say – probably aren’t going to die or deteriorate abruptly based on that decision, since it can’t be bothering them that much.
The problem, as things currently stand, is that the people who’d end up “preferring” to do something else with their nominal fee wouldn’t be choosing between a hospital visit and some overpriced caffeine; they’d be choosing between a hospital visit and the gas bill for keeping their home warm. Or the food they were planning to buy for their children this week. Or the bus fare to get to the Jobcentre so the bastards don’t fucking sanction them again.
Some people are so rich they can have basically all the things they want, and the use of money as a way to express preference becomes meaningless on this scale, while some people are so screwed over by the system already that they don’t get to make choices between preferences in a way that’s remotely fair. Even if you try and means-test it, it’s another hurdle requiring poor people to prove their neediness once again before granting them access to basic medical care.
If only there was some way to make sure people didn’t face that kind of harsh, brutal, unjust, life-or-death dichotomy, and were free to make genuinely economically rational choices about how to allocate the resources available to them.