Few phrases ruffle neoliberal feathers more than ‘basic income’. This simple yet revolutionary idea – providing all citizens with a regular, unconditional sum of money – challenges the core tenets of neoliberalism, which prioritises free markets, individual responsibility, and minimal state intervention. Neoliberals would argue that basic income is a naive utopian dream that devalues hard work, stifles economic innovation, and expands government bureaucracy. And yet, there are solid arguments for why such a revolutionary redistribution of income is needed.
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