Why the world should adopt a basic income

As someone who is currently sleeping under a bridge most nights, I would be happy to tolerate that frustration until a more equitable system can be implemented. Surely, a UBI would help you immediately. But I don’t think we’ll see one any time soon. Meanwhile I’m trying to develop a more equitable system. I hope it works. It’s clearly unfair to me that I get to sleep in an apartment and some people can’t. My hope is that by owning the means of production and sharing the output, we can build a more equitable system.

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Why the world should adopt a basic income

Why the world should adopt a basic income

A BASIC income (BI) is defined as a modest, regular payment to every legal resident in the community, paid unconditionally as a right, regardless of income, employment or relationship status.

Contrary to conventional wisdom, the case for BI does not rest on the assumption that robots and artificial intelligence will cause mass unemployment or that it would be a more efficient way of relieving poverty than present welfare systems (although it would). The main arguments are ethical and relate to social justice, individual freedom and the need for basic security.

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