The idea of a basic income for all, adults and children alike, sometimes referred to as a “universal basic income” or “basic income guarantee”, has been gaining traction in the last couple of years. It can be defined as “a periodic cash payment unconditionally delivered to all on an individual basis, without means test or work requirement”.
Although growing in popularity and now being actively discussed at global symposia and conventions, including Davos, Basic Income remains controversial. Objections vary widely and often focus on the assumed innate laziness of the masses, the supposed unfairness of giving people money for doing […]
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