Should There Be a Universal Basic Income?

The concept of a Universal Basic Income (UBI) has sparked significant debate, rooted in the broader discussion of economic justice and the role of government in ensuring societal welfare. The idea of providing all citizens with a guaranteed income, regardless of employment status, has historical roots in various philosophical and economic theories, from Thomas More's "Utopia" to modern proposals by economists like Milton Friedman. UBI is seen by some as a solution to the challenges posed by automation, economic inequality, and job displacement in an increasingly digital economy. However, the concept raises questions about its feasibility, potential impact on work incentives, and the broader implications for social safety nets. This debate is situated within the context of changing economic landscapes, technological advancements, and the evolving understanding of work and income distribution.