![[KH Explains] Universal basic income under political debate in Korea](https://tamethemachine.com/wp-content/blogs.dir/7/files/2021/02/20210216000641_0-150x150.jpeg)
A man pulls a trolley past a closed store in Sinchon district of Seoul on Nov. 28, 2020. (Yonhap) The idea of ensuring that everyone has at least some income has gained momentum in South Korea as the country experiences a major economic letdown during the COVID-19 pandemic.
The idea, championed first by Gyeonggi Province governor and presidential hopeful Lee Jae-myung, has quickly become a fiercely debated topic among presidential contenders from all sides.
Proponents say it is a means to narrow the growing wealth gap and make up for future job losses. Naysayers worry that what they call the "populist […]
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