Universal Basic Income - Utopia or Realism?

Alessandra Vollmer - March 15, 2021

Free money for everyone. A proposal, which sounds like a utopia has existed for centuries and has even been promoted by the founders of the ne- oliberal thought, Milton Friedman and Friedrich Hayek. It’s the talk of an universal basic income, a fixed amount, transferred every month by the state to the citizens, independent of work efforts or any other circumstances. The proposal is controversial, because it scratches at some elementary questions: Are we by nature lazy or industrious? How much do we really trust our fellow human beings? What is the value of work measured by? And what is the real meaning of work?

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