Title: A Simple Contrastive Learning Objective for Alleviating Neural Text Degeneration. Abstract: The cross-entropy objective has proved to be an all-purpose training objective for autoregressive language models (LMs). However, without distinguishing problematic tokens, LMs trained using cross-entropy exhibit text degeneration problems. To address this, unlikelihood training has been proposed to reduce the probability of unlikely tokens predicted by LMs. But unlikelihood does not explicitly consider the relationship between the label tokens and unlikely token candidates, thus showing marginal improvements in degeneration. We propose a new contrastive token learning objective that inherits the advantages of cross-entropy and unlikelihood training and avoids their limitations. The key idea is to teach a LM to generate high probabilities for label tokens and low probabilities for negative candidates. Comprehensive experiments on language modeling and open-domain dialogue generation tasks show that the proposed contrastive token objective yields much less repetitive texts, with a higher generation quality than baseline approaches, achieving the new state-of-the-art performance on text degeneration.