Open uri20171104 4 13rvz1m?1509805787 Basic Income

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.

opinions (5) from influencers order upvotes occupation any alma mater Yale University agree & disagree

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Agree:

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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.
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Eric Ries Author of The Lean Startup

Even an extremely modest universal basic income could pay huge dividends
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Willem Buiter Citi's Chief Economist

Use the tax-transfer mechanism (e.g. through a guaranteed minimum income for all, or an ambitious negative income tax, public funding of health care and long-term care etc.) to support those left behind by technological advances.
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Ro Khanna Candidate for Congress in Silicon Valley

At a time when machines are replacing low- and middle-income workers, we want there to be an incentive to get people to a basic income.
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Disagree:

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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
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