Universal basic income and its controversies.

Universal basic income and its controversies.


Basic income is being discussed once again after the rise of automation in the last decade. This time the debate has arisen thanks to Jack Dorsey, co-founder of twitter, who has proposed a universal basic income through bitcoin. Basic income is the idea of giving every citizen of a country a minimum monthly payment.

This can be used to cover the essentials such as rent, food, healthcare, or transportation. The basic income can be unconditional or partly conditional. The former means that it is unconditional, and that all citizens will receive the minimum income at all times. The latter […]

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