Universal Basic Income (UBI)

Posted by admin on Wednesday, December 27, 2017

UBI or Universal basic income (also called basic income guarantee, citizen’s income, unconditional basic income, universal basic income) is typically a form of social security or welfare regime, in which everyone receives a periodic cash payment, unconditionally, without means-test or work requirement.

Matt Bruenig: Universal 1% Income
Matt Bruenig Money Quote saying Universal Basic Income for the wealthy already exists, called Capital income as equity income and rents
Scott Santens: Wealth Shared by All
Scott Santens Money Quote saying because we all contribute to wealth, we should all share in that wealth as universal basic income
Martin Luther King: Guaranteed Income
Dr. Martin Luther King Jr. Money Quote saying simple is best when it comes to eliminating poverty - provide universal basic income to everyone
Mark Zuckerberg: Universal Basic Income
Mark Zuckerberg Money Quote saying we should experiment with UBI universal basic income, at his 2017 Harvard commencement address
Elon Musk: Universal Basic Income
Elon Musk Money Quote saying that because robots and automation are going to take jobs, we will be likely to end up with UBI

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