Fourth Industrial Revolution: Mass Unemployement, Universal Basic Income, and Communism

We’re heading towards a new era in which robots will take over our jobs and leave us with nothing more than free time. Of course, as money is needed for consumption governments are expected to implement a new monetary system that allows citizens to buy products and feed their families. This is where the Universal Basic Income plays a role.

A monthly basic income for adults, whether they’re employed or unemployed. This could trigger inflation. However, we see no other way around once we take a look at what the future holds. Automation is happening. Workers are […]

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