Technocrats around the world have been pushing for Universal Basic Income in order to offset the jobs to be lost to the robot revolution. Finland experimented with UBI and has now abandoned the project. The pros and cons are finally being revealed.
Technocrat propaganda is a sweeping success in America as citizens stampede toward 'free cash', or Universal Basic Income (UBI).
Political philosopher and economist Karl Widerquist remembers a poll from 10 years ago that showed just 12 percent of Americans approved of a universal basic income.
A UBI could very well evolve into a mechanism of central control.
New levy could deliver basic income of £10,000 for all to cut risk of job losses to robots
Residents to get $500 a month, no questions asked, as starting point
Wage stagnation. Rising housing prices. Loss of middle-class jobs. The looming threat of automation. These are some of the problems facing Stockton and its residents, but the city's mayor, Michael Tubbs, says his city is far from unique.
A routine trip to check the mail took an unexpected turn for Mika Ruusunen in November 2016. "I opened it and I didn't understand it at all, so I gave it to my wife and asked her what the heck is this," Ruusunen said.
The idea of free money being touted by Elon Musk and Mark Zuckerberg only demonstrates that they know nothing about humanity or economics.
This critique reveals the unintended consequences of UBI.
Users will "probably will be able to earn a good universal basic income," the company's founder says.
Facebook founder Mark Zuckerberg Supports Universal Basic Income.
Unfortunately, a welfare state by any other name is still a welfare state.
The latest insane idea from the political Left is called "Universal Basic Income." It's based on the idea that governments should pay everyone a basic "wage" for doing nothing, and it's justified by concern over robots replacing workers i
handouts for Americans...One by one, some of the biggest names in tech are publicly supporting the idea of giving cash handouts to all Americans.