Universal Basic Income (UBI) is a type of program in which all people receive a regular sum of money unconditionally, regardless of employment or current wages. Proposed UBI programs vary across the world, allowing different UBI programs to align with both progressive and conservative goals. Several UBI pilot studies have been tried throughout the world, and the interpretations of results vary widely. UBI proponents must consider many questions about logistics, economics, and human behavior: How will UBI be funded? Who will receive the income, every person or every household? Will people stop working or will greater economic stability allow them to better contribute to society? Does UBI even make sense?
UBI supplants programs targeted at reducing poverty, redirecting that funding to the wealthier members of society.Explore
UBI is financially irresponsible
The financial deficits greatly outweigh the financial benefits when considering the immense public costs of UBI. Increased tax rates as well as an inappropriate allocation of funds away from public health and education toward UBI creates significant disadvantages and budget deficits directly affecting public life.Explore
UBI undermines social cohesion
Socially destructive outcomes occur when income is no longer connected to work.Explore
UBI reduces the marginal utility of work
Giving people a basic income will mean that the first dollar that they work for will go to a lesser-valued purpose than the dollars in the UBI. That in itself means that work will be less-valued and leading to a greater number of people who do not work.Explore
Yes, UBI is a good idea
Universal basic income programs can work and should be explored.
UBI is simpler to implement than other forms of welfare
Because UBI is unconditional, it requires less testing and monitoring than other programs.Explore
UBI does not reduce incentives to work
UBI benefits are not withdrawn if a person works, so work is not disincentivized. UBI allows people more economic stability to pursue other fulfilling work: entrepreneurship, arts, child-raising, or higher education.Explore
UBI enables everyone to better participate in society
Proponents of UBI believe that a guaranteed income will allow everyone—even the impoverished—the freedom to participate in society.Explore
UBI enables everyone to meet their basic needs
UBI can help people during times of economic crisis or widespread unemployment. Everyone should have the unconditional ability to meet their basic needs in life. When basic needs are met, people are healthier and less-stressed, a state of living that everyone deserves.Explore
It depends on the amount of the UBI
Right-wing arguments for a low universal income. Left-wing vision for high universal income.
This page was last edited on Friday, 5 Jun 2020 at 14:49 UTC