Universal Basic Income: Economic liberation or the first step towards slavery?

Universal Basic Income: Economic liberation or the first step towards slavery?

Emanuel Pastreich, Candidate for President of the United States(Independent) During the Democratic primaries, Andrew Yang brought up universal basic income (UBI) and made it central in his vision for the economy of the United States. The theme was echoed by Bernie Sanders who cited the income guarantee that is offered by countries like Denmark and Finland as a possible model for future development.

Both Yang and Sanders argued that automation of production and other technological changes taking place in America has created a lag in job creation even as the economy flourishes, and that such a state can be responded […]

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