Basic income is a term for a socialist policy where every resident of an area is guaranteed an income regardless of their employment status.
Various proposals for a universal basic income have been discussed in different countries, usually supported by the Left.[1] For example, in 2016, voters in Switzerland rejected a proposal to enact a basic income by about 78%.[2] Finland began a pilot program in 2017 to study enacting a basic income, but it ended the program a year later.[3] Ontario's newly-elected conservative government also rejected a basic income pilot program in July 2018.[4]
According to the France-based Public Services International and the Britain-based New Economics Foundation – left-of-center organizations – universal basic income does not work well in practice.[5]
The El Paso Walmart shooter claimed that legal immigration was hampering implementation of a universal basic income.[6]
Categories: [Socialism] [Welfare State] [Economics] [Liberalism]