"The basic income suffers from a number of flaws it can’t get away from. The first is that it’s either too big, so it’s unaffordable, or it’s too small, so it doesn’t make a difference. In Europe, certainly in the UK, most of the basic income schemes that are advanced here, we’re talking about something equivalent to $85 a week. While that’s going to make a difference to some people, it’s not going to fundamentally change the life choices of the people it’s supposedly targeting.
If the objective is to emancipate people, then [a UBI] has to be close to […]
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