What’s the best way to solve poverty? Democrats suggest spending more on welfare. Republicans suggest creating more jobs. Marxists suggest burning the entire system to the ground and replacing it with “fully automated luxury gay space communism.”
But what if solving poverty was as simple as giving poor people more money?
That’s the idea behind basic income , also known as universal basic income (UBI) or guaranteed minimum income (GMI), which proposes offering all citizens a lump sum to help cover their basic living expenses such as food, utilities, and rent.The modus operandi of this proposal would be that people, especially […]
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