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It sounds great on the surface. Three beautiful and important words. Universal. Basic. Income. Taken together, they sound even better. So what’s not to like about it?
Universal Basic Income Explained
Take your pick of communism, socialism, or crony capitalism
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A welding workshop uses automated welding machine robots that assemble automobile bodies at Toyota Motor's Tsutsumi plant in Toyota, Aichi prefecture, on Dec. 4, 2014. The supposed goal behind universal basic income is to help displaced workers who can’t keep up with labor market developments, like automation and immigration, or otherwise disenfranchised people. Kazuhiro Nogi/AFP via Getty Images
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