Could UBI be the antidote to chronic unemployment? (Credit: Joel Schalit/Flickr) The concept of a universal basic income (UBI) is becoming increasingly popular in discussions about how to combat poverty. Advocates for UBI include not only leftists, but also neoliberals, who see it as an opportunity to reduce the role of the state, and techies eager to compensate for automation-induced unemployment.
Proponents of UBI believe it would free people from jobs they don’t like, allowing them to maximise their creative potential, which will have a positive impact on economic growth. UBI could also serve as an especially useful antidote to […]
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