Cities face a number of labor-related challenges, including job automation, precarious work arrangements, economic insecurity and growing inequality. Universal basic income (UBI) is a potential solution.
UBI is an unconditional cash payment that either supplements or replaces existing social welfare systems. Unlike traditional programs, which are conditional and means-tested, UBI provides recipients with the autonomy to utilize resources how they see fit. It’s also scalable in cities and shares some features with, and is complementary to, programs like the Federal Earned Income Tax Credit, the Child Tax Credit and Social Security.
In order to explore the possibility and utility of UBI […]
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