Universal Basic Income

Universal Basic Income or UBI is a program that provides regular sums of money to all citizens (or all adult citizens) of a country, regardless of financial situation. It is similar to welfare, however welfare is given only to citizens who meet certain conditions, whereas UBI is universal.

Propopents of UBI say that it will stimulate the economy, reduce the complexity and cost of welfare programs, improve health, employment prospects and workers' rights, and that some form of UBI will be essential in the future as automation continues to take jobs from human workers. Detractors say that UBI is too expensive, will encourage laziness and that current welfare systems are adequate.

Do you think UBI would help or hinder our society?

Excerpt

Universal Basic Income or UBI is a program that provides regular sums of money to all citizens (or all adult citizens) of a country, regardless of financial situation. It is similar to welfare, however welfare is given only to citizens who meet certain conditions, whereas UBI is universal. Do you think UBI would help or hinder our society?

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