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自动生成的音频
自动生成的音频

Editorial Rating

7

Qualities

  • Analytical
  • Overview

Recommendation

As new technologies continue to encroach on low-skilled jobs, the notion that societies inevitably will have to introduce universal basic incomes is making strides. At 2017’s World Economic Forum, a panel of experts discussed the social, economic, political and moral issues that permeate this debate. getAbstract recommends the conversation to policy makers, economists and social entrepreneurs who wish to remain a step ahead of a socioeconomic crisis.

Take-Aways

  • Due to an increase in automation, the debate regarding a universal basic income – a “government payment to all citizens, either as a supplement to or a replacement for paid working income” – is heightening.
  • While the political right and left agree on the need for some form of universal basic income, they clash over how such a model could work.
  • An “ethical argument” in favor of a universal basic income posits that citizens have a duty to contribute to the common good through work or other means. This view emphasizes the idea of “mutual indebtedness” and discourages freeloading.

About the Speakers

Tamzin Booth is The Economist’s business editor. Guy Standing is a co-president of the Basic Income Earth Network. Michael Sandel is a professor of political philosophy at Harvard University. Neelie Kroes is a former EU commissioner for competition. Amitabh Kant is the CEO of NITI Aayog, an Indian governmental think tank.


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