SpaceX CEO Elon Musk unveils his plans to colonize Mars during the International Astronautical Congress in Guadalajara, Mexico, in 2016. The idea of a universal basic income is gaining traction, in think tanks and in Silicon Valley, as a response to the rise of outsourced and automated labor. If everyone were guaranteed a minimum salary to meet the basic needs of food and shelter, so the argument goes, then people would be free to allocate their time according to their own preferences. A universal basic income could alleviate poverty, reward traditionally unpaid labor, and encourage entrepreneurial risk-taking.
But who would […]
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