Universal Basic Income (UBI)

Universal Basic Income (UBI) is a social policy proposal that entails providing all citizens with a regular, unconditional cash payment from the government, regardless of their financial situation. The goal is to ensure a basic standard of living, reduce poverty, and empower individuals to pursue education, entrepreneurship, or caregiving without the constant pressure of financial insecurity. Advocates argue it can enhance economic stability, while critics raise concerns about funding and potential disincentives to work. UBI is seen as a response to automation and changing labor markets, aiming to create a more equitable society.