Editorial: A universal basic income won’t fix poverty

In his commencement speech at Harvard, Facebook founder Mark Zuckerberg endorse a new approach to welfare.

“We should explore ideas like universal basic income to make sure that everyone has a cushion to try new ideas,” he said.

But that’s a terrible idea, as some countries are now finding.First, though, what is universal basic income? It’s meant to replace welfare programs, which some argue are inefficient and unfairly distributed.It’s a concept that’s getting a lot of attention, especially in Silicon Valley,” explains CNN. “A country that has universal basic income guarantees every person a set minimum income regardless of criteria – […]

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