Unconditional Basic Income Is A Dead End

Unconditional Basic Income Is A Dead End

Anke Hassel The concept of an unconditional basic income is becoming increasingly popular among economists, managers, activists and entrepreneurs as an alternative to traditional social policy. Instead of providing social benefits in an emergency, for unemployment or old age, the government would pay every adult the same lump sum in the future – around 1,000-1,200 euros a month. There would then be no social benefits, no Hartz IV (Germany’s long-term jobless benefits), and most likely no pension or unemployment insurance.

This universal basic income promises each person the freedom to decide if they want to be employed, to do volunteer […]

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