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Give People Money: How a Universal Basic Income Would End Poverty, Revolutionize Work, and Remake the World Paperback – July 9, 2019
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Shortlisted for the 2018 FT & McKinsey Business Book of the Year Award
A brilliantly reported, global look at universal basic income—a stipend given to every citizen—and why it might be necessary in an age of rising inequality, persistent poverty, and dazzling technology.
Imagine if every month the government deposited $1,000 into your bank account, with nothing expected in return. It sounds crazy. But it has become one of the most influential and hotly debated policy ideas of our time. Futurists, radicals, libertarians, socialists, union representatives, feminists, conservatives, Bernie supporters, development economists, child-care workers, welfare recipients, and politicians from India to Finland to Canada to Mexico—all are talking about UBI.
In this sparkling and provocative book, economics writer Annie Lowrey examines the UBI movement from many angles. She travels to Kenya to see how a UBI is lifting the poorest people on earth out of destitution, India to see how inefficient government programs are failing the poor, South Korea to interrogate UBI’s intellectual pedigree, and Silicon Valley to meet the tech titans financing UBI pilots in expectation of a world with advanced artificial intelligence and little need for human labor.
Lowrey explores the potential of such a sweeping policy and the challenges the movement faces, among them contradictory aims, uncomfortable costs, and, most powerfully, the entrenched belief that no one should get something for nothing. In the end, she shows how this arcane policy has the potential to solve some of our most intractable economic problems, while offering a new vision of citizenship and a firmer foundation for our society in this age of turbulence and marvels.
- Print length272 pages
- LanguageEnglish
- PublisherCrown
- Publication dateJuly 9, 2019
- Dimensions5.23 x 0.59 x 7.91 inches
- ISBN-101524758779
- ISBN-13978-1524758776
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Editorial Reviews
Review
—New York Times Book Review
“Lowrey is a policy person. She is interested in working from the concept down.... Her conscientiously reported book assesses the widespread effects that money and a bit of hope could buy.”
—The New Yorker
“Like UBI, the book is ambitious, and it presents a strong case for cash aid.”
—Financial Times
“Annie Lowery has given basic income a wonderful upgrade…[bringing] first-hand accounts of struggling workers all over the world…. A must-read as basic income becomes a more mainstream idea.”
—Forbes
“A lively introduction to a seemingly quixotic concept that has attracted thinkers from John Stuart Mill to Martin Luther King Jr., and that continues to provoke.”
—Publishers Weekly
“Wide-ranging, grounded in examples of UBI in action, “Give People Money” is also notably clear-eyed.”
—Datebook
“Send everyone a monthly check? Eliminate all welfare bureaucracies? Even if you don’t believe that technology reduces the total number of jobs, the idea of a universal basic income is worth analyzing. In this provocative book, Annie Lowrey explores the history, practicality, and philosophical basis of an idea now drawing attention from all points on the political spectrum.”
—Walter Isaacson, author of Leonardo da Vinci and Steve Jobs
“Like it or hate it, the UBI is the biggest social policy idea of the 21st century so far. Annie Lowrey’s book is the best study yet of the world’s experiences with UBI. It deserves acclaim and, more important, the close attention of policy makers.”
—Lawrence H. Summers, former Treasury Secretary of the United States
“Give People Money is extraordinary, and the world has never needed it more. Annie Lowrey has a talent for making radical ideas feel not just possible—but necessary. This is a book that could change everything.”
—Jessica Valenti, author of Sex Objects: A Memoir
“Give People Money is about Universal Basic Income in the way that Moby Dick is about a whale. If you want to learn about UBI, read this book. If you don’t care about UBI, but you’re interested in how technology is changing our economy, how the character of work is transforming, what poverty looks like in the US and globally, and how governments might more ably aid their citizens, then you really must read this book.”
—Shamus Khan, Columbia University, author of Privilege
“A fantastic introduction to UBI that's both thorough and accessible.”
—Albert Wenger, Union Square Ventures
“A useful primer on a highly contentious topic.”
—Kirkus Reviews
“Lowrey… maintains that just like on The Jetsons and Star Trek, we now have the technology to manipulate and redistribute money. Perhaps it’s time to consider a move toward a cashless, and hopefully more equitable, global society.”
—Booklist
About the Author
Excerpt. © Reprinted by permission. All rights reserved.
Chapter One
The Ghost Trucks
The North American International Auto Show is a gleaming, roaring affair. Once a year, in bleakest January, carmakers head to the Motor City to show off their newest models, technologies, and concept vehicles to industry figures, the press, and the public. Each automaker takes its corner of the dark, carpeted cavern of the Cobo Center and turns it into something resembling a game-show set: spotlights, catwalks, light displays, scantily clad women, and vehicle after vehicle, many rotating on giant lazy Susans. I spent hours at a recent show, ducking in and out of new models and talking with auto executives and sales representatives. I sat in an SUV as sleek as a shark, the buttons and gears and dials on its dashboard replaced with a virtual cockpit straight out of science fiction. A race car so aerodynamic and low that I had to crouch to get in it. And driverless car after driverless car after driverless car.
The displays ranged in degrees of technological spectacle from the cool to the oh-my-word. One massive Ford truck, for instance, offered a souped‑up cruise control that would brake for pedestrians and take over stop-and‑go driving in heavy traffic. “No need to keep ramming the pedals yourself,” a representative said as I gripped the oversize steering wheel.
Across the floor sat a Volkswagen concept car that looked like a hippie caravan for aliens. The minibus had no door latches, just sensors. There was a plug instead of a gas tank. On fully autonomous driving mode, the dash swallowed the steering wheel. A variety of lasers, sensors, radar, and cameras would then pilot the vehicle, and the driver and front-seat passenger could swing their seats around to the back, turning the bus into a snug, space-age living room. “The car of the future!” proclaimed Klaus Bischoff, the company’s head of design.
It was a phrase that I heard again and again in Detroit. We are developing the cars of the future. The cars of the future are coming. The cars of the future are here. The auto market, I came to understand, is rapidly moving from automated to autonomous to driverless. Many cars already offer numerous features to assist with driving, including fancy cruise controls, backup warnings, lane-keeping technology, emergency braking, automatic parking, and so on. Add in enough of those options, along with some advanced sensors and thousands of lines of code, and you end up with an autonomous car that can pilot itself from origin to destination. Soon enough, cars, trucks, and taxis might be able to do so without a driver in the vehicle at all.
This technology has gone from zero to sixty—forgive me—in only a decade and a half. Back in 2002, the Defense Advanced Research Projects Agency, part of the Department of Defense and better known as DARPA, announced a “grand challenge,” an invitation for teams to build autonomous vehicles and race one another on a 142-mile desert course from Barstow, California, to Primm, Nevada. The winner would take home a cool million. At the marquee event, none of the competitors made it through the course, or anywhere close. But the promise of prize money and the publicity around the event spurred a wave of investment and innovation. “That first competition created a community of innovators, engineers, students, programmers, off-road racers, backyard mechanics, inventors, and dreamers who came together to make history by trying to solve a tough technical problem,” said Lt. Col. Scott Wadle of DARPA. “The fresh thinking they brought was the spark that has triggered major advances in the development of autonomous robotic ground vehicle technology in the years since.”
As these systems become more reliable, safer, and cheaper, and as government regulations and the insurance markets come to accommodate them, mere mortals will get to experience them. At the auto show, I watched John Krafcik, the chief executive of Waymo, Google’s self-driving spin-off, show off a fully autonomous Chrysler Pacifica minivan. “Our latest innovations have brought us closer to scaling our technology to potentially millions of people every day,” he said, describing how the cost of the three-dimensional light-detection radar that helps guide the car has fallen 90 percent from its original $75,000 price tag in just a few years. BMW and Ford, among others, have announced that their autonomous offerings will go to market soon. “The amount of technology in cars has been growing exponentially,” said Sandy Lobenstein, a Toyota executive, speaking in Detroit. “The vehicle as we know it is transforming into a means of getting around that futurists have dreamed about for a long time.” Taxis without a taxi driver, trucks without a truck driver, cars you can tell where to go and then take a nap in: they are coming to our roads, and threatening millions and millions of jobs as they do.
In Michigan that dreary January, the excitement about self-driving technology was palpable. The domestic auto industry nearly died during the Great Recession, and despite its strong rebound in the years following, Americans were still not buying as many cars as they did back in the 1990s and early aughts--in part because Americans were driving less, and in part because the young folks who tend to be the most avid new car consumers were still so cash-strapped. Analysts have thus excitedly described this new technological frontier as a “gold rush” for the industry. Autonomous cars are expected to considerably expand the global market, with automakers anticipating selling 12 million vehicles a year by 2035 for some $80 billion in revenue.
Yet to many, the driverless car boom does not seem like a stimulus, or the arrival of a long-awaited future. It seems like an extinction-level threat. Consider the fate of some workers on industrial sites already using driverless and autonomous vehicles, watching as robots start to replace their colleagues. “Trucks don’t get pensions, they don’t take vacations. It’s purely dollars and cents,” Ken Smith, the president of a local union chapter representing workers on the Canadian oil sands, said in an interview with the Canadian Broadcasting Corporation. This “wave of layoffs due to technology will be crippling.”
Multiply that threat to hit not just truckers at extraction sites. Add in school bus drivers, municipal bus drivers, cross-country bus drivers, delivery drivers, limo drivers, cabdrivers, long-haul truckers, and port workers. Heck, even throw in any number of construction and retail workers who move goods around, as well as the kid who delivers your pizza. President Barack Obama’s White House estimated that self-driving vehicles could wipe out between 2.2 and 3.1 million jobs. And self-driving cars are not the only technology on the horizon with the potential to dramatically reduce the need for human work. Today’s Cassandras are warning that there is scarcely a job out there that is not at risk.
If you have recently heard of UBI, there is a good chance that it is because of these driverless cars and the intensifying concern about technological unemployment writ large. Elon Musk of Tesla, for instance, has argued that the large-scale automation of the transportation sector is imminent. “Twenty years is a short period of time to have something like 12 [to] 15 percent of the workforce be unemployed,” he said at the World Government Summit in Dubai in 2017. “I don’t think we’re going to have a choice,” he said of a UBI. “I think it’s going to be necessary.”
In Detroit, that risk felt ominously real. The question I wondered about as I wandered the halls of the Cobo Center and spoke with technology investors in Silicon Valley was not whether self-driving cars and other advanced technologies would start putting people out of work. It was when--and what would come next. The United States seems totally unprepared for a job-loss Armageddon. A UBI offers a way to ensure livelihoods, sustain the middle class, and guard against deprivation as extraordinary technological marvels transform our lives and change our world.
It goes as far back as the spear, the net, the plow. Man invents machine to make life easier; machine reduces the need for man’s toil. Man invents car; car puts buggy driver and farrier out of work. Man invents robot to help make car; robot puts man out of work. Man invents self-driving car; self-driving car puts truck driver out of work. The fancy economic term for this is “technological unemployment,” and it is a constant and a given.
You did not need to go far from the auto show to see how the miracle of invention goes hand in hand with the tragedy of job destruction. Just look at its host city. In the early half of the twentieth century, it took a small army—or, frankly, a decently sized army—to satiate people’s demand for cars. In the 1950s, the Big Three automakers—GM, Ford, and Chrysler—employed more than 400,000 people in Michigan alone. Today, it takes just a few battalions, with about 160,000 auto employees in the state, total. Of course, offshoring and globalization have had a major impact on auto employment in the United States. But advancing technology and the falling number of work hours it takes to produce a single vehicle has also been pivotal. With less work to go around and few other thriving industries in the area, Detroit’s population has fallen by more than half since the 1950s, decimating its tax base and leaving many of its Art Deco and postmodern buildings boarded up and empty.
Product details
- Publisher : Crown; Reprint edition (July 9, 2019)
- Language : English
- Paperback : 272 pages
- ISBN-10 : 1524758779
- ISBN-13 : 978-1524758776
- Item Weight : 2.31 pounds
- Dimensions : 5.23 x 0.59 x 7.91 inches
- Best Sellers Rank: #770,575 in Books (See Top 100 in Books)
- #625 in Economic Policy
- #761 in Sociology of Class
- #821 in Economic Policy & Development (Books)
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Customers find the book well-researched and easy to read, with one review noting its engaging writing style. They describe it as provocative, with one customer highlighting its eye-opening insights.
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Customers find the book informative and well-researched, with one customer noting it's necessary reading for capitalists.
"...but more importantly, it tells some human stories that are not to be converted only as numbesr...." Read more
"...The examples described in the book are really interesting and encouraging; makes a good argument than instead of provide economic relief to people..." Read more
"...(though, I did learn a ton about UBI) - it is secretly one of the best researched and succinctly written books on the structural basis for..." Read more
"...On a positive note, the book was very enjoyable to read, as it allowed me to further develop my own (unanswered) questions regarding the..." Read more
Customers find the writing style of the book easy to read.
"...- it is secretly one of the best researched and succinctly written books on the structural basis for inequality in the US and throughout..." Read more
"...Easy to read, provocative and this along with the other reading I’ve been doing makes me very inclined to support the idea." Read more
"...Lowrey's research is very thorough an her writing style is a delight. Took only a couple days to read. Highly recommend!" Read more
"Great book. Easy to read. UBI is necessary and inevitable." Read more
Customers find the book thought-provoking, with one describing it as eye-opening.
"...Easy to read, provocative and this along with the other reading I’ve been doing makes me very inclined to support the idea." Read more
"...It's thoughtful, insightful and gripping. Highly recommended!" Read more
"Very eye opening..." Read more
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A must read if you're interested in gaining a well rounded understanding of Universal Basic Income.
Top reviews from the United States
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- Reviewed in the United States on October 20, 2018I have been interested in UBI, and with this book I am even more, Lowrey provides good amount of hard data (as statistics can be!), but more importantly, it tells some human stories that are not to be converted only as numbesr. In summary, the Utopic UBI seems to be a good way to allow all people to have an opportunity to develop her or his potential to a level that makes people happier, and consequently make our society a better one.
In the current political status, when winning at almost any price is the goal, where we have enemies instead of opposing ideas, it seems difficult UBI in any form will be agreed upon and even less implemented, but, black swans do exist and happen. Who knows…
- Reviewed in the United States on December 4, 2020In Brief: A short book (200 pages, the rest just notes for further review) that makes a recount of small scale application of “Universal Basic Income” (UBI) programs around the globe showing the ins and outs/advantage and disadvantages, making the case for full-scale implementation of UBI as the best response to address poverty, inequality and the coming automation revolution in almost all industries.
The main argument that the author wants to make, continuously in all chapters, is that people know way better how to use money -especially supplemental income as UBI- for their own benefit than any government agency, NGO, and/or group of experts; which goes against the existing paradigm which assumes that people with limited income or abject poverty is not sophisticated enough to make money decisions for their betterment. The book makes the case with different examples from India, Brazil, and Africa which shows that many of the government/NGO programs that provide certain goods like foods or services like small loans with certain caps (like how many food stamps per person or how much money according to family size, etc) are wasteful in terms of scope and usually underutilized with limited results compared with UBI programs in which people are full in control on how much or what their resources would be used.
Another argument frequently used against UBI programs, especially looking at the expected behavior of poor people, is that giving people money without any kind of attachment would be wasteful since there would be no incentive for people to find a job or change their living conditions for the better; the fear is that giving poor people money they would become completely dependent of the UBI, becoming a permanent burden, never looking for work or becoming productive, never willing to improve their standard of living. The book instead shows time and time again the opposite; people that receive the UBI continue to look for a job and once they got one, they use the UBI as seed capital for small business pushing to have a better income and use the UBI as working capital for the new endeavor to cover basic needs; in short, poor people with UBI become small business owners in a very short period of time in almost all cases which is incredible by itself but shows how deep the bias exist against people living in poverty.
The examples described in the book are really interesting and encouraging; makes a good argument than instead of provide economic relief to people in need via different targeted/goal-oriented programs, just give people money -a meaningful amount enough to live comfortable with UBI and let people’s creativity to find their own way for their betterment and let them with their own will defeat poverty for good.
Gunther
December 4th, 2020
- Reviewed in the United States on July 25, 2018This is a GREAT read. I devoured it in 2 days. Give People Money is more than a primer on Universal Basic Income (though, I did learn a ton about UBI) - it is secretly one of the best researched and succinctly written books on the structural basis for inequality in the US and throughout the world.
Read it. You need this book.
- Reviewed in the United States on February 19, 2021It was a good survey and analysis, including international examples and issues. Easy to read, provocative and this along with the other reading I’ve been doing makes me very inclined to support the idea.
- Reviewed in the United States on October 6, 2018I certainly enjoyed reading the book, and I definitely recommend that anyone interested in a UBI check it out. However, I found myself frequently shaking my head in disagreement with the author while reading the book, even though I am optimistic about the possibilities of a UBI in the U.S.
The biggest criticism I have is that Lowrey does not seriously tackle the nuts and bolts of how a UBI could be implemented in the U.S, especially with regard to paying for it. In fairness, she does provide several policy ideas later in the book, but she drastically diminishes the difficulties each would have to overcome to win support in the U.S. A UBI in the U.S. would be extremely expensive, likely costing at a minimum $2 trillion per year above current expenditures, and possibly much higher with a less optimistic estimate. Yet after acknowledging the high costs, Lowrey makes the following claim: "A $1,000-a-month UBI is possible, and if correctly designed it would not help the poor at the expense of the middle class, raise taxes obscenely, or fail to end poverty." However, this sentence contradicts her discussion in the same chapter about the costs of a UBI, where she points out how taxing the wealthiest individuals at 100% of their income still would not come close to paying for a UBI. She proposes other various taxes, such as a carbon tax or a tax on financial transactions, and these taxes may indeed be viable proposals to help finance a UBI. But the fact remains that a UBI would be a huge increase in costs for the U.S., and ultimately it would likely require a huge increase in taxes on the rich and also an increase in taxes for segments of the middle class as well. There is no such thing as a free lunch. Yet, as a Hail Mary, the author suggests that if all else fails, the U.S. government could just print more money, because what could possibly go wrong? She states: "...dollars are not something that the United States government can run out of." This is where I really, really found it difficult to take Lowrey seriously. Surely she knows better than this. The U.S. government cannot just print $2 trillion or more a year without any adverse consequences. Again, TINSTAAFL.
Second, Lowrey never really resolves the issue of who should receive the UBI, and whether it should replace other social programs to reduce costs. Should it be given to everyone, only the poor, only women, everyone excluding the upper class, or who? And should the UBI replace existing social programs like social security, medicare, food stamps, etc.? In fairness, the author tries to explore a lot of these possibilities, but she seems to punt on the intellectual demanding task of actually arguing for one or the other. Much like her discussion of how to pay for a UBI, the author chooses to let someone else figure out answers to these questions, and I found myself with a big pile of unanswered questions.
Third, the author is extremely optimistic about how poor people will spend their UBI. She should have devoted much more time to at least exploring the possibility that a large chunk of individuals would waste the money. For instance, if we get rid of Section 8 housing, what do we do when a single mother receiving a UBI blows it all on something frivolous and can't pay the rent, thus forcing her children to be homeless? Although I do agree with the author that poverty is often the result of uncontrollable factors, I also believe that sometimes it is indeed the product of laziness and poor choices, and a UBI will not fix this. Any serious discussion of a UBI cannot just gloss over these potential negatives while assuming that all people will make wise choices if you just give them a bunch of money. This is unrealistic.
Lastly, the book often struggles from a lack of focus, as the author quickly discusses the implementation of UBI-type programs in a variety of places, without much analysis or concrete conclusions from the anecdotes. There is little discussion of the stark differences in complexity of instituting a UBI in a place like Kenya as opposed to instituting a UBI in the USA. The author also spends too much time giving us social justice history lessons and lectures, which often seem irrelevant to the topic at hand. At times, the fiercely liberal slant of the author becomes obvious, such as when she states that "...[lower-income families pay] Uncle Sam a disproportionate burden of cigarette taxes and buying up most of the lottery tickets." The irony of the neediest among us throwing their money away on lottery tickets is lost on the author, given her rosy portrait of how lower-income individuals would spend their UBI payments.
On a positive note, the book was very enjoyable to read, as it allowed me to further develop my own (unanswered) questions regarding the implementation of a UBI. In spite of the above criticisms, the author should get credit for writing such a thought-provoking book on such a relevant topic. I still find myself optimistic about the possibility of a UBI in the U.S., and Lowrey has further piqued my interest in the topic. I look forward to reading much more on UBI and hopefully finding answers to the serious questions posed above.
- Reviewed in the United States on May 2, 2019The author does a good job of building and discussing her points, but there is also a fair amount of bias throughout the book and a few parts that needed to be pursued a bit further. So, overall it's a good primer, but nothing cutting edge on the topic.
- Reviewed in the United States on March 1, 2019Troubled by the increasing separation of wealth?? This is necessary reading for us capitalists to get our heads out of the proverbial box. You may or may not agree with the author — but you will not forget the ideas and the factual examples of how this might work and is already working.
Top reviews from other countries
- 'michael'Reviewed in Australia on June 9, 2019
5.0 out of 5 stars Money Flows Up much faster than it Trickles Down
If everyone knew what this book reveals we would be on the way to a world that lifts up people at the bottom while making the rich even richer and everyone in between better off. It works because money flows up much faster than it trickles down!
- Prakash HollaReviewed in India on September 5, 2018
5.0 out of 5 stars Thought provoking!!
Analytical, exhaustive, illuminating yet very simple narrative about the pros and cons of direct cash distribution to citizens and it's social and political implications
- ArnonReviewed in Brazil on July 23, 2020
5.0 out of 5 stars Worth reading
Loved this book!
- GustavReviewed in Germany on September 9, 2018
4.0 out of 5 stars It's about time
Great book! A bit ashamed that it focuses on the US, a more global approach would be a great follow-up
- doctor_guyReviewed in Canada on October 18, 2018
5.0 out of 5 stars Timely delivery
Good book; timely delivery