Can the universal basic income solve global inequalities?

Can the universal basic income solve global inequalities?

© Icy and Sot. COLOUR RAIN, Icy and Sot (New York, USA, 2013) The idea of an unconditional basic income (UBI) is quite simple: every legal resident in a country receives a monthly stipend sufficient to live above the poverty line. Let’s call this the ‘no frills culturally respectable standard of living’. The grant is unconditional on the performance of any labour or other form of contribution, and it is universal – everyone receives the grant, rich and poor alike. Grants go to individuals, not families. Parents are the custodians of under-age children’s grants, which may be smaller than […]

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