Universal Basic Income Explained – How a fringe idea could redefine the welfare state

Universal Basic Income Explained – How a fringe idea could redefine the welfare state

Picture: John Devlin It’s the theory that connects everyone from civil rights leaders to American founding fathers, from left-wing politicians to titans of industry, a dream conceived in left-wing Academia, and possibly realised in Fife.

Universal Basic Income (UBI), the idea that everyone should be given a set amount of money each month, might seem like a money haemorrhaging fantasy, but it is gaining more traction in mainstream politics.

The concept is simple: a minimum amount of money is given to people to offset depressed wages and poor quality of life for many in even relatively rich countries.In developing […]

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