Economic Sovereignty as the Democratization of Work: The Role of Basic Income

Let us understand economic democracy as the fourfold capacity (i) to decide what social relations we wish to “enter” in order to work; (ii) to determine the (im)material nature of the space where we decide to stay and work, which requires the capacity of having a “voice” that is effectively listened to; (iii) to opt for “exiting” this space in case its nature and functioning go against what we wish for our lives; and (iv) in case we opt for leaving, to resort to an outside-the-previous-workplace offering tools for second and subsequent opportunities, that is, to effectively “restart” our (re)productive lives in other terms and conditions. Basic income can play a crucial role in fostering such capacity. Because of its unconditionality, and thanks to bargaining power deriving from it, basic income is a sort of income that is convertible in terms of (a) time to conceive of (and put into practice) projects of one’s own, be it individually and/or collectively; (b) a capacity to explore alternative options and take promising risks; and (c) the right to credit, in the twofold sense of the right to financial resources and the right to social trust. As noticed and appreciated by some post-crash social movements, there are some spheres where such democracy-enhancing bargaining power may unfold: wage-earning work, the decommodification of labour force and the possible subsequent constitution of cooperatives and other self-managed (re)productive spaces, the household, entrepreneurship, socio-political participation, etc. In sum, more flexible combinations of different kinds of work may emerge when individuals and groups enjoy an income stream that is guaranteed as a right, which echoes both classical and contemporary discourses on the need for humans to have the democratic right to autonomously choose and determine work(s) all along the life cycle.