The universal basic income identifies the various proposals that show the state’s commitment to give a common income to its people. It is defined as a program that enables people to acquire a regular payment without any particular participation from the beneficiary. It is proposed that a UBI system will solve the problem of unemployment and push for a gig economy that fosters on-demand gigs that are aimed at solving specific aspects of a job. The introduction of a universal basic salary therefore has its benefits and demerits according to research and arguments posed. The essay highlights both the pros and cons of having a UBI in place.
- Quote paper
- Edwin Keya (Author), 2024, Implications of Implementing a Universal Basic Income, Munich, GRIN Verlag, https://www.hausarbeiten.de/document/1718403
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