Is a Universal Basic Income the answer to automation-Caused Unemployment?

In the 1950’s technology it was predicted would free people from drudgery jobs and allow people to spend more time in leisure activities. This assumed that the freed up time would be spread out equally, but what happens in reality is that there are big winners and losers. The losers, generally those without the qualifications to make it in the knowledge economy became the unemployed and people received a subsistence living, if they weren’t working. There are now generations of families who have been unemployed or underemployed and there is never any political will to get them back into […]

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