Time For A Universal Basic Income?

Time For A Universal Basic Income?

By Pedro Sousa

* This article was originally published by the Australian Institute of International Affairs .

The concept of a universal basic income has received renewed attention in 2016 . The general frustration with mainstream politics and the finance sector—manifested in the Brexit and US election votes—is indicative of the view that the economic system in the West is deficient. Inequality is growing, welfare costs are increasing, and technological disruption is escalating; prompting some to warm to the idea of a guaranteed basic income for everyone. The technological revolution and the resulting digital economy are driving the increasing […]

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