Here's my quick overview of Universal Basic Income (UBI). UBI is a monthly amount of income provided to every citizen of a country, without work requirements or other stipulations. This list highlights some of my thought process as I came to support UBI. Most people generally agree that we should have some sort of social safety net to help those who fall on hard times. Rather than a safety net, I prefer to think of UBI as a secure financial base that provides economic opportunity to everyone. Our existing welfare system is often means tested and frequently traps people in poverty. UBI supports mothers and motherhood. America is a land of great riches and opportunity. Everyone should get to participate. The New Scarcity - Capitalism doesn't have to start at $0. The Input Argument for UBI What the Free Market Really Means We need to change our understanding of ownership. Number 2 - The existing welfare state is bad Our welfare state is supposed to provide a financial safety ne...
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