Facebook CEO Mark Zuckerberg Advocates for Universal Basic Income

Facebook CEO Mark Zuckerberg Advocates for Universal Basic Income

Facebook CEO Mark Zuckerberg, the fifth richest person in the world, has called for a universal basic income (UBI), even for people who don’t work. He and other billionaires such as Elon Musk say paying a guaranteed minimum “wage” would provide a cushion to help people try new ideas outside the 9-to-5 grind.

Despite many leaders’ dismissal of the concept as Marxist, several industrialized nations have moved beyond the debate stage. In 2015, Finland’s millionaire Prime Minister Juha Sipila said providing basic income to people would make the social security system less complex—a single government payment instead of many programs. […]

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