universal basic income
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Universal basic income is a proposal where governments would regularly give all citizens a set amount of money, regardless of whether they work or need it. It matters because supporters argue it could reduce poverty and provide financial security, while critics raise concerns about costs and whether it would affect work incentives.
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3-minute video on universal basic income (2013) In 2013, eight million 5-centime coins (one per inhabitant) were dumped on the Bundesplatz in Bern to support the 2016 Swiss referendum for a basic income (which was rejected 77% – 23%).
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