Should Universal Basic Income Be the Future?

Perspective Writers' Votes
Loading Discussion

Should wealthy countries provide citizens with a universal basic income (UBI)?

Pros
Cons
  • A UBI enhances the freedom and dignity of individuals.

  • A UBI better rewards meaningful contributions to society, such as domestic labour, art, starting businesses, and higher education.

  • A UBI helps downsize government bureaucracies.

  • A UBI reduces crime.

  • A UBI makes it possible for some people to work less.

  • A UBI helps the labor market adapt to disruptive changes to the technology and culture of work, such as automation and artificial intelligence.

  • A UBI reduces inequalities and enhances social mobility.

  • A UBI is more efficient and effective than traditional welfare programs.

  • A UBI enhances working conditions.

  • A UBI enables people to work less or leave the workforce permanently.

  • UBIs could be used by political elites to avoid addressing structural injustices.

  • A UBI disincentives charitable giving and co-operating with others, because the program seeks to satiate the basic needs that charity and co-operation otherwise address. As such, a UBI will create increased selfishness and isolation in society.

  • A UBI is subject to fraud.

  • A UBI has negative effects on the national economy due to effects such as inflation and higher tax rates.

  • A UBI erodes the personal and societal incentives for financial responsibility, self-improvement, and hard work.

  • A UBI reduces the political will and budget needed to continue other welfare programs.

  • UBIs that meet the poverty line are too expensive for governments to afford.