Wednesday, June 27, 2018

Forbes: Free Government Money For All? Some People See A Need For It


BY SIMON CONSTABLE

This last decade there's been a growing concern that the capitalist system isn't working enough for all members of society. Income inequality, job insecurity, the working poor, etc. have all been pointed to as problems that need solving, at least by some people.

Now step forward Universal Basic Income (UBI,) a form of standard government-funded stipend that citizens would receive each month if the idea were ever realized on a broad scale. Its proponents think it might solve the perceived ills of our system.

It is also the topic of a soon-to-be-published book titled "Give People Money: How A Universal Basic Income Would End Poverty, Revolutionize Work, And Remake The World," which was written by journalist Annie Lowrey. Read more here.


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