As the global economy stares down the barrel of rising inequality and increased automation, more countries are toying with the idea of a universal basic income. But a new report by the Organization for Economic Cooperation and Development (OECD) is less than enthusiastic, saying that without significant tax hikes, a basic income would do little to reduce poverty and even exacerbate it in some cases.
Report says basic income may not reduce poverty, advocates firmly disagree
Voices of the Humanosphere 2016: Preparing for a world without enough jobs
One of the things almost everyone agrees on in the fight against poverty and inequity is that the battle cannot…
Giving people money gaining momentum as new anti-poverty solution
Late last year, the government of Finland announced it would launch an experiment where as many as 100,000 citizens would…