Under a universal basic income, all citizens of a country are entitled to an unconditional amount of money. Bill Gates. Picture: AFP.
Income for all
In theory, a universal basic income (UBI) would be great. Under such a system, all citizens of a country are entitled to an unconditional amount of money on top of income they already generate through other means. It could spur productivity, improve health, alleviate poverty, reduce crime, raise education, and improve quality of life. It’s also especially relevant, given the reality of automation taking over more and more jobs.UBI’s potential has prompted several […]
Full Post at ewn.co.za