Universal Basic Income (UBI) is a controversial plan to alleviate poverty in the age of automation.
While the UBI has its supporters, some experts believe that the initiative would be too costly and that it is unnecessary at this point.
UBI, A Controversial Concept Basic Income (or Universal Basic Income [UBI] when applied to an entire population), is, according to Basic Income Earth Network , “a periodic cash payment unconditionally delivered to all on an individual basis, without means-test or work requirement.”So, in short, it’s a baseline income that is given to all. It is given outside of work, […]
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