If you think basic income is "free money" or socialism, think again

12/24/2017

In this blog post, Scott Santens challenges common misconceptions about basic income by addressing the notion that it is "free money" or a form of socialism. He argues that basic income is not free money, as it would be funded through various means such as taxes or redistributions of existing resources. Santens also emphasizes that basic income is not inherently socialist, as it can be implemented within a variety of economic systems. He provides examples of basic income experiments and pilots around the world to support his arguments. Ultimately, Santens encourages readers to reconsider their preconceptions and engage in a more nuanced understanding of basic income.

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