The concept of universal basic income has been gaining traction in recent years. Proponents believe such a step will be necessary in the future as additional jobs are lost due to technological advances. Critics worry that providing a guaranteed stipend to everyone would lead to even greater problems than those which it is intended to solve.
We can add billionaire Richard Branson to the list of those who is in favor of the concept. During a recent interview with the New York Times, the topic of income inequality came up. As he sees it, there’s a pretty simple solution.
“A basic […]
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