Contributed by Jim Hayes
The concept of a Universal Basic Income (UBI) has been gaining currency in recent years. Its proponents argue several reasons to justify it. It provides the best means to enable the unemployed to find work; builds community cohesiveness; promotes the economy through more spending; and the right to an acceptable standard of living should be regarded as a fundamental human right.
Opponents wrongly suggest that it is a disincentive to look for work and rewards the lazy, that the cost is prohibitive and that it will lead to lower wages and casualising of even more work. A […]
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