An increase in leisure time – once a central goal of the labour movement – is sorely needed in western societies. In Australia, working hours for full-time employees increased throughout the 1980s and 1990s, and have only declined slightly since, despite significant increases in productivity. To add insult to injury, workers’ real wages in Australia are no longer rising in line with increased output.

For some sections of the radical and not-so-radical left, the idea of universal basic income (UBI) is the new utopian program. A UBI is a periodic minimum income guaranteed to all citizens, regardless of their employment, wealth, or domestic status. In other words, it’s a no-strings-attached state wealth transfer, a price-tagged right for precariat and tech billionaire alike. But there’s a reason why UBI has proponents among the libertarian right.