UBI explained: Is UBI a socialist scheme?

UBI explained: Is UBI a socialist scheme?

This is the fourth part in a series on the Universal Basic Income. Read part one What is Universal Basic Income? , part two Is a minimum wage programme better than Universal Basic Income? , and part three How can we implement a Universal Basic Income?

Despite having experimental evidence that points overwhelmingly in favour of further research into UBI, many dissidents of the scheme are still wary of giving “free money” to the masses. Their argument is that by doing so, we would encourage a culture where people would not be incentivised to work as their basic needs […]

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