Universal basic income is ‘straight out of the Karl Marx playbook,’ financial guru Dave Ramsey says

Universal basic income is 'straight out of the Karl Marx playbook,' financial guru Dave Ramsey says

Dave Ramsey. Getty Images. Universal basic income is in vogue with many trials underway and people like Elon Musk touting it.

Personal finance guru Dave Ramsey criticized UBI as "straight out of the Karl Marx playbook."

He said unconditional cash grants deterred people from working and reaping the benefits of success. Universal basic income is having a moment with trials launching across the globe, promising early test results , and the likes of Elon Musk singing its praises .But others recoil violently at the idea of continually doling out cash to everyone in a society, with no restrictions on […]

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