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.
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Harvard University
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Agree:
Mark Zuckerberg CEO at Facebook
An entrepreneurial culture thrives when it’s easy to try lots of new ideas. We should explore ideas like universal basic income to give everyone a cushion to try new things. There is something wrong with our system when I can make billions of dollars in 10 years while millions of students can’t afford to pay off their loans, let alone start a business.
Noam Chomsky Linguist, philosopher, cognitive scientist, historian, social critic, and political activist
It comes from the right wing originally. Milton Friedman proposed it for example. From his point of view it was part of an effort to undermine welfare state measures. But it doesn’t have to have a reactionary component. It can be interpreted as something progressive. That people have rights. In fact if you read the universal declaration of human rights, 1948, take a look at article 45. It says peo... See More
Tim O'Reilly Founder and CEO, O'Reilly Media. Investor. Studied at Harvard University.
I completely agree that Universal Basic Income is a good idea. But I think that’s just the beginning of the discussion.Disagree:
Bill Gates Philanthropist. Founder and former CEO of Microsoft.
Even the US isn't rich enough to allow people not to work. Some day we will be but until then things like the Earned Income Tax Credit will help increase the demand for labor.
Richard D. Wolff Marxian economist. Professor of Economics Emeritus, University of Massachusetts, Amherst
UBI creates a new difference between those people who work and earn a living and those people who, for wathever reason, don't work but still earn a living. This is going to create two classes of people (...) and for me the big issue is why do that?. I like the idea of community building by not having people that are extremely wealthy or extremely poor, but I don't like this way of doing it, becau... See More
