Karl Widerquist: “Universal Basic Income Is a Good Deal for People Who Like Capitalism”

Karl Widerquist: “Universal Basic Income Is a Good Deal for People Who Like Capitalism”

Karl Widerquist , vice-chair (at the time of the interview he still was co-chair) of the Basic Income Earth Network (BIEN) was interviewed extensively by Keith Brown from the “ We Are Here Podcast ” on April 28th. During the interview, Widerquist explains Universal Basic Income (UBI) creates a market economy where income doesn’t start at zero and where people have a positive, rather than a negative, incentive to work.

“Employers currently have an incentive to pay very low wages because income starts at zero. You can work fulltime a whole year and still live in poverty.” In almost every […]

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