Once a radical idea, Universal Basic Income has entered the mainstream. Presidential Candidate Andrew Yang spoke about it during his campaign, it has become a key policy proposal in sections of the progressive left, and more recently, some of the wealthiest people in Silicon Valley have become its champion. I can understand why: the stated purpose of UBI – to alleviate (or even abolish) poverty – is a noble and worthy cause. In a world where the jobs being lost to automation are more numerous than the new jobs being created (or where well-paid jobs are being replaced by […]
Full Post at www.nappertime.com