The concept of an unconditional basic income is becoming increasingly popular among economists, managers, activists, and entrepreneurs as an alternative to traditional social policy. Instead of providing social benefits in an emergency, during unemployment, or in old age, the government would pay every adult the same lump sum—in Germany, for instance, around 1,000–1,200 euros a month. This would be in place of all other entitlements, including unemployment benefits, and would most likely eliminate pensions as well.
Basic income is a seductive poison that would benefit the margins of society at the expense of the middle class.
Basic income promises that each […]
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