Boston Review: Basic Income Is a Dead End

Boston Review: Basic Income Is a Dead End

http://bostonreview.net/class-inequa…ncome-dead-end But the financial aspect is not even the most important argument against a basic income. Basic income is a seductive poison. It would benefit the margins of society at the expense of the middle class. For the poor and long-term unemployed, basic income would remove the pressure to find work and the unpleasant task of actively look for employment. It most likely would not cost the rich any more than before, and would help ease their conscience. Growing inequality would no longer be a social scandal, since everyone would have an income, albeit close to the poverty line. […]

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