A Questionable Weapon for Tackling Inequality

A Questionable Weapon for Tackling Inequality

Unconditional basic income is a controversial concept. Proponents argue that it could help overcome inequality and cope with technological change, but critics say that it’s not clear how it could be financed. An office of Social Insurance Institution KELA, in Helsinki, Finland. The country has launched a pilot scheme to pay a universal basic income. Source: Reuters Rarely has a debate over economic policy produced such unusual dividing lines.

Katja Kipping, the leader of Germany’s Left Party, supports an unconditional basic income, or UBI. So do some top executives, like Deutsche Telekom chief Tim Höttges and Siemens Chief Executive Officer […]

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