getty The idea of a "universal basic income" has shifted from the fringes of economic thought into mainstream conversation, largely driven by increasing concerns about economic inequality and job security in a rapidly digitizing world. A unique twist to this discourse is the idea of a private-sector UBI. Specifically, this brings focus to the term "private sector" as much as the concept of UBI because it does not rely on the government to pay for the income via taxation.
Instead, it is based on the economic reality that each individual creates some level of value for others (both companies and […]
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