There’s a long list of arguments for a universal basic income, the idea of the government giving everyone a check–say $1,000 a month–with no strings attached. Robots will eventually take many or most jobs . Even before that happens, giving people money could help ameliorate inequality and extreme poverty. Employers would be forced to raise wages if their workers knew they could leave a job and survive. Because it’s a universal program, UBI can avoid the racism built into current aid (and because it’s efficient, some libertarians argue that it should replace welfare completely).
In the new book Give People […]
Full Post at www.fastcompany.com