Universal Basic Income (UBI) is a programme whereby all the citizens of a country (normally, all adult citizens) receive an unconditional income , independently of whether or not they are in employment, and independently of any other income or assets they may have.
The virtues of this proposal are twofold: a) no citizen will fall below the poverty line (this is why it is called basic income, having been conceived as the minimum amount required to prevent social exclusion), and b) the means and costs of distribution are simple and swift, precisely because it is universal and independent of any […]
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