universal basic income

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English

Noun

universal basic income

  1. A form of social security, whereby all citizens or qualified residents, receive a sum of money on a regular schedule unconditionally.
    Synonyms: UBI, basic income
    • 2016 June 22, Jathan Sadowski, “Why Silicon Valley is embracing universal basic income”, in The Guardian:
      Silicon Valley has, paradoxically, become one of the most vocal proponents of universal basic income (UBI). [] UBI becomes a consolation prize for those whose lives are disrupted.
    • 2017 December 11, Alex Williams, “Will Robots Take Our Children’s Jobs?”, in The New York Times, →ISSN:
      Also known as Universal Basic Income, this sunny concept holds that a robot-driven economy may someday produce an unlimited bounty of cool stuff while simultaneously releasing us from the drudgery of old-fashioned labor, leaving our government-funded children to enjoy bountiful lives of leisure as interpretive dancers or practitioners of bee-sting therapy, as touted by Gwyneth Paltrow.

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