Basic income

Basic income

Basic income should not be mere campaign promise
The idea of basic income has been thrown into the center of political debate. Kim Chong-in, head of the conservative opposition United Future Party’s emergency committee for reform, is acting as the catalyst fueling the debate.
Basic income refers to money distributed to citizens, regardless of wealth or employment status. Relatively new in the Korean political arena, the basic income issue has been gaining credence as the COVID-19 pandemic has left many jobless while automation threatens to take away even more jobs.
Such are the reasons Kim cited as he […]

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