Spain: Daniel Raventós talks about Basic Income at Parliamentary Commission

Spain: Daniel Raventós talks about Basic Income at Parliamentary Commission

On June 22nd 2020, researcher Daniel Raventós intervened before the Commission for Social and Economic Recostruction of the Congress of Deputies in Madrid.

Prof. Raventós outlined his proposal of Universal Basic Income (UBI) starting by defining this economic measure as a public monetary payment to the entire population on an individual, regular, unconditional and universal basis.

In the past 40 years, Spain has been the OECD country that experienced the longest periods with an unemployment rate that exceeded 15% of the labor force, and another 15% of wage earners live currently under the poverty threshold. According to prof. Raventós, this condition […]

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