The craze for a universal basic income: everything you need to know – The Mandarin

The craze for a universal basic income: everything you need to know – The Mandarin

Extract from an article by Apolitical Description of It’s the one thing libertarians, lefties, tech gurus and feminists agree on. But does that mean government should pursue it?

Basic income is a simple, radical idea. In essence, it is that a government should give each of its citizens enough money to live on, with no strings attached. What people do with it is entirely up to them.

It could end poverty and the indignity of the welfare state at a stroke, while making mincemeat of red tape and regulations. Or it could turn us into feckless layabouts and destroy the economy. […]

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