Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Conservatives Need Basic Income Because Technology is Killing Jobs

Politics

Why Conservatives Need Basic Income

Technological unemployment is a direct threat to conservatism; because modern conservatism is a middle-class movement. To clarify, conservatism needs a large and growing middle class to provide voters.
For instance, American conservatism was at its height in the 1980s and 1990s; when the middle class made up 59% and 56% of the US population. Notably, the 1980s produced the Reagan Revolution; and the 1990s a long-lasting Republican majority in Congress.

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