Thailand is piloting a universal basic income. Here’s what to know

Thailand is piloting a universal basic income. Here’s what to know

[Photo: CardMapr.nl /Unsplash] With technological advances eliminating jobs, and economies struggling to keep up with inflation, many leaders, such as former Democratic presidential hopeful Andrew Yang, have called for a universal income program. Thailand is now dipping its toe into that pool.

Back in April, the country’s Prime Minister Srettha Thavisin announced a controversial plan to give digital money to low-income citizens in an effort to boost the economy. This program will be implemented in August.

Here’s a rundown of what we know. Who is Prime Minister Srettha Thavisin? According to The Guardian , Srettha is a 60-year-old real estate mogul, […]

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