"Make poverty history" poster seen in Hackney, London. (Credit: stanjourdan / Flickr) As the global economy stares down the barrel of rising inequality and increased automation, more countries are toying with the idea of a universal basic income. But a new report by the Organization for Economic Cooperation and Development (OECD) is less than enthusiastic, saying that without significant tax hikes, a basic income would do little to reduce poverty and even exacerbate it in some cases.
That conclusion is very problematic for a welfare reform that advocates bill as a solution to poverty. A small safety net of cash […]
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