Article 1J4BV A basic income could be the best way to tackle inequality

A basic income could be the best way to tackle inequality

by
Robert Skidelsky
from on (#1J4BV)

In this precarious environment of work and welfare, universal income could guarantee a basic standard of living previously promised by both


Britain isn't the only European country to hold a referendum this month. On 5 June, Swiss voters overwhelmingly rejected, by 77% to 23%, the proposition that every citizen should be guaranteed an unconditional basic income (UBI). But that lopsided outcome doesn't mean the issue is going away anytime soon.

The idea of a UBI has made recurrent appearances in history - starting with Thomas Paine in the 18th century. This time, though, it is likely to have greater staying power, as the prospect of sufficient income from jobs grows bleaker for the poor and less educated. Experiments with unconditional cash transfers have been taking place in poor as well as wealthy countries.

Related: Swiss voters reject proposal to give basic income to every adult and child

Related: The Guardian view on a universal income: the high price of free money | Editorial

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