Basic Income
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All citizens receive a regular, liveable and unconditional sum of money. The recipient is not required to work or look for work, and the payment is given independently of any other income.
Agree:
Yanis Varoufakis Former finance minister of Greece, is Professor of Economics at the University of Athens
Either we are going to have a basic income that regulates this new society of ours, or we are going to have very substantial social conflicts that get far worse with xenophobia and refugees and migration and so forth.
Robert Reich Former Secretary of Labor
A minimal guarantee with regard to income, it seems to me as almost inevitable in terms the direction that the structural changes of our economy are taking us in.
Christopher Pissarides Nobel Prize winner in Economics
I am very much in favour, as long as we know how to apply it without taking away incentive to work at the lower end of the marketDisagree:
Joseph Stiglitz Nobel laureate economist based at Columbia University
You want your government to think more carefully about targeting programmes that help those in need, rather than universal. That’s a trade-off given the budget constraints on the public sector
Bill Mitchell Professor of Economics and Musician
A basic income guarantee is a neo-liberal strategy for serfdom without the work ... In addition to a Job Guarantee we also demand a Services Guarantee. It is no good having a bare minimum income if the dentists and doctors and shops in your town are closed and the public transport system is deficient.
