Robert Rosenkranz introduces the debate Universal Basic Income Is the Safety Net of the Future.
The phrase “universal basic income” is becoming increasingly well-known among Americans, thanks in large part to Facebook Founder and Chief Executive Officer Mark Zuckerberg expressing his support for the concept during his recent commencement speech at Harvard University. Essentially, universal basic income involves a country giving a set amount to its citizens each month – say, $600 – to help offset the struggles many experience because of diminishing job opportunities, a growing reliance on technology and automation and increasingly widespread poverty.
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