Universal healthcare and universal basic income

Abstract

Purpose The purpose of this paper is to draw parallels between universal basic income (UBI) and universal healthcare, highlighting their conceptual alignment and combined implications for health management and organization. Design/methodology/approach The idea that everyone should receive a set amount of money regardless of employment finds renewed momentum amid increasingly precarious work arrangements and an uncertain job market. Less explored, however, is the connection between this idea and the more established notion of universal healthcare. This paper brings these two ideas together by examining their shared underpinnings in capitalist work relations, and more broadly a global economic system organized by and for corporations at the expense of workers. Findings The argument is made that the underlying dynamics of contemporary capitalism cannot be relied upon to provide for basic health and wealth. These limitations must be offset with social assurances that not only mitigate capitalism’s liabilities, but also facilitate innovation and sustainable growth. Originality/value Rarely have UBI and universal healthcare been considered together. This paper examines their shared origins in a capitalist world system and demonstrates their shared justification in a future increasingly devoid of stable work.