Imagine living in a country where the government pays everyone the basic cost of living. Where every adult – young or old, rich or poor, employed or unemployed – receives the same annual income, with no conditions or qualifications, and receives this payment for the rest of their life. No more welfare systems or meager pensions, no more worries about quitting an unfulfilling job or being able to afford to go to college rather than straight into work. Everyone will have enough to live on, period.
This is the world of UBI, or Universal Basic Income. Other names for it […]
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