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UBI, or universal basic income, is a form of direct cash assistance to help the most vulnerable get back on their feet. A new study in Denver suggests it works.
The problem is the definition of “work”. There’s lots of things a person can do that both require a lot of effort and produce real benefit to society that are difficult or impossible to make money from, and therefore they aren’t “work”. Raising children being the most obvious example.
Indeed, work is defined by most people as “employment”, but there’s a lot of different work out there that is beneficial to the person and society as a whole, that isn’t remunerated.
The problem is the definition of “work”. There’s lots of things a person can do that both require a lot of effort and produce real benefit to society that are difficult or impossible to make money from, and therefore they aren’t “work”. Raising children being the most obvious example.
Indeed, work is defined by most people as “employment”, but there’s a lot of different work out there that is beneficial to the person and society as a whole, that isn’t remunerated.