Dani Garavelli: Universal basic income could be on its way

Dani Garavelli: Universal basic income could be on its way

Picture: Ian Georgeson POLITICAL turmoil unleashed by acute economic uncertainty is converting sceptics to the case for a Universal Basic Income, writes Dani Garavelli

When economist Guy Standing first advocated a universal basic income (UBI) – a regular unconditional sum paid to all adults regardless of employment status – he was considered quixotic (where quixotic is a synonym for “a crackpot”). When his book The Precariat – which identified an emerging class of people whose lives were diminished by short-term and zero hours contracts – was published in 2011, the mainstream cocked an ear, but, politically, UBI remained […]

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