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Showing posts from August 16, 2017

OTHER VIEWPOINTS ON UNCONDITIONAL INCOME

The general idea behind the theory of Universal Basic Income (UBI), which I’ve written about in two previous blogs — http://vivoonwarpeaceandjustice.blogspot.com.ar/2017/06/universal-basic-incomeintroduction-to.html and http://vivoonwarpeaceandjustice.blogspot.com.ar/2017/07/milton-friedman-conservative-voice-for.html — is that it should be unconditional. For this reason, some economists and political philosophers translate the UBI acronym as Unconditional Basic Income. The majority of proponents of the idea agree on this single point. The most socially sound reason for this is that UBI is a way of ensuring a universal alternative to abject poverty. But the best economic argument in favor of UBI is a very practical one: By providing all citizens, no matter what their economic or social conditions might be, with a basic form of subsistence, the enormous bureaucracy currently involved in vetting the beneficiaries of social welfare programs would be vastly reduced, as would the budg