Bigger Questions About Basic Income

Bigger Questions About Basic Income

Want to immediately convince all your conservative friends that you’re an out-and-out Marxist that absolutely despises capitalism? Just bring up the subject of universal basic income (UBI).

Don’t even mention your stance on it, just mention that almost every existing minimum wage job and many medium-income jobs will inevitably be automated in the next 10 to 20 years, if not sooner. Bank tellers, fast food, taxis, clerks, vehicle repair, mail delivery…you name it.

For those who aren’t familiar, UBI is a form of social security in which all citizens of a country regularly receive a set amount of money, either from […]

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