Universal Income programs became popular during the presidential campaign of Andrew Yang, who promised to give each American adult a “freedom dividend” of $1,000 a month. Yang’s campaign ended early, but the interest on guaranteed income programs grew. Conversations promoting guaranteed income have been informed by the so-called robot apocalypse, which prophesizes that workers will be displaced into a Malthusian cycle of poverty. Others have argued for guaranteed income programs as a way to slow down raising income inequality and enhanced poverty.
Guaranteed basic income is not a new idea. As early as the 18th Century an unconditional basic income […]
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