Basic Income

Basic Income

6/15/2016

link

https://www.technologyreview.com/s/601499/basic-income-a-sellout-of-the-american-dream/

summary

This article discusses the concept of basic income and debates whether it is a sellout of the American dream. Basic income is a proposed policy in which every citizen would receive a regular, unconditional sum of money from the government. The article outlines arguments for and against basic income, with critics arguing that it discourages work ethic and promotes dependency on the state. Supporters, on the other hand, believe it could reduce poverty and provide a safety net in an increasingly automated world. The article highlights the tension between the values of individual freedom and social welfare and raises important questions about the potential consequences and feasibility of implementing basic income.

tags

basic income ꞏ universal basic income ꞏ social policy ꞏ welfare system ꞏ income redistribution ꞏ poverty alleviation ꞏ economic inequality ꞏ social justice ꞏ labor market ꞏ work-life balance ꞏ economic security ꞏ social welfare ꞏ wealth redistribution ꞏ economic policy ꞏ american dream ꞏ social safety net ꞏ poverty reduction ꞏ social equality ꞏ economic reform ꞏ guaranteed income ꞏ social security ꞏ wealth gap ꞏ social change ꞏ employment ꞏ social equity ꞏ economic system ꞏ government policy ꞏ income support ꞏ economic stability ꞏ social reform ꞏ economic justice ꞏ social inequality ꞏ public policy ꞏ economic development ꞏ social programs ꞏ economic philosophy ꞏ economic theory ꞏ wealth distribution ꞏ social mobility ꞏ economic empowerment ꞏ fair wages ꞏ job market ꞏ economic opportunity