Billionaires including Tesla’s Elon Musk, Facebook’s Mark Zuckerberg and Virgin’s Richard Branson are some of the latest flag bearers of a universal basic income.
It’s not a new idea, but it has regained attention as a way to fight inequality that could worsen under the new gig economy, and especially automation.
A universal basic income is a periodic no-strings attached cash payment that aims to cover peoples’ basic needs regardless of their economic circumstances or whether or not they work. Facebook CEO Mark Zuckerberg supports the idea of a universal basic income. Photo: Bloomberg In late April, Finland decided to end […]
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