Seoul Mayor Oh Se-hoon, left, and Gyeonggi Governor Lee Jae-myung. [YONHAP] Universal basic income has emerged as a major issue ahead of the presidential election, which is now just nine months away.
The idea entered the Korean political conversation when Democratic Party (DP) frontrunner Lee Jae-myung, who is currently serving as Gyeonggi governor, suggested a government-funded universal basic income.
Other DP presidential candidates are against the idea. Lee Nak-yon and Chung Sye-kyun, who both served as prime minister under the current administration, oppose a universal income.People Power Party’s Yoo Seong-min, also running for president, rails against Governor Lee’s idea, saying basic […]
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