Universal Basic Income #infographic

In a 2018 poll, nearly 1/2 of Americans supported the idea of a Universal Basic Income program - where did this thought come from and what would it mean for our society today? The concept of a Universal Basic Income (UBI) has been around for centuries. Way returned in 1516, Thomas More’s “Utopia” philosophizes on the benefits of a minimal income,

Thomas Paine wrote of a simple endowment for all adults over the age of 21 in 1796, and in 1967, Martin Luther King Jr. named assured earnings as the final solution to poverty. Today, many name for UBI with the new rising chance of a new industrial revolution: automation. But in order to make this notion work some integral precepts need to be met.

Aid ought to be given in actual cash instead than vouchers for goods or services and there need to be no earnings stage or employment requirement. Find out how nations and cities are testing UBI and how it would affect our society here.

infographic by: www.greatbusinessschools.org

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