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Basic Income

Universal Basic Income and the Threat of Tyranny by Shai Shapira.

Much praise has been heaped on the idea of a universal basic income in recent years. Experiments have begun in many countries, some mainstream politicians are starting to advocate it, and if we listen to many thinkers, especially among the Internet and tech crowds, it seems like our inevitable future. This is quite understandable, as the idea attempts to solve a real problem: with the advance of technology, fewer and fewer people are required to produce the amount of wealth required to sustain more and more people. Rather than invent more and more artificial jobs and scarcities, why not just accept the reality of this changing world, where not all people are needed for working, and instead release them to pursue their hobbies, studies, or charity?

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