Universal Basic Income & Money

Explore how guaranteed income reshapes money, work, and poverty—from Alaska's 40-year experiment to Kenya's villages

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Preventing Future Financial Crises

What is Universal Basic Income?

Universal Basic Income (UBI) is a periodic cash payment unconditionally delivered to all citizens, with no strings attached. Everyone receives it—rich or poor, working or not—fundamentally reshaping how we think about money, work, and social safety nets.

💡 Core Principles

Universal

Everyone gets it, no means testing or eligibility requirements

Unconditional

No work requirements, no restrictions on how money is spent

Individual

Paid to individuals, not households—empowers women, reduces domestic power imbalances

Regular

Periodic payments (monthly), not one-time transfers—provides income security

The Case For UBI

🤖 Automation & Job Displacement

AI and automation could eliminate 40%+ of jobs by 2050. UBI provides safety net as traditional employment shrinks.

🎯 Poverty Reduction

Direct cash more efficient than bureaucratic welfare programs. Kenya pilot reduced extreme poverty 50% vs 10% for traditional aid.

💪 Bargaining Power

With income floor, workers can reject exploitative jobs, forcing employers to improve wages/conditions.

🎨 Creative Freedom

Artists, entrepreneurs, caregivers can pursue valuable unpaid work without financial desperation.

The Case Against UBI

💰 Cost

$1,000/month for 250M US adults = $3 trillion/year—larger than entire federal budget. Funding unclear.

💼 Work Disincentive

If people don't need to work, will they? Could reduce labor supply, shrinking GDP and tax base.

📈 Inflation

Universal cash injection could drive up prices, especially housing, eroding purchasing power.

🎯 Targeted vs Universal

Why give Bezos $1,000/month? Targeted programs help those who need it most with same budget.

🌍 Where UBI Exists Today

Alaska (USA):$1,000-2,000/year since 1982
Iran:~$40/month to all citizens (2011-present)
Pilots (Kenya, India, Finland):Limited experiments, valuable data