The Universal Basic Income (or, in short, UBI), as the name suggests, is a social welfare proposal which provides all citizens—rich, poor, and elderly alike—with a regular basic minimum income paid by the government, without the need to work.
It is a guaranteed minimum income of sorts, which societies have come to think of as a revolutionary step in the backdrop of incessant automation of jobs (or, as I put it earlier when the robots take all our jobs !).
Even though no country has fully adopted this basic income structure, how the concept has spread in the last decade is […]
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