Universal Basic Income (UBI) explained by Stefan Molyneux

 The idea of a universal basic income (also called citizen's income, basic income guarantee or universal demogrant) is a form of welfare or social security where all residents of a country regularly receive an unconditional sum of money from the government.

While the idea of a universal basic income has gained popularity in recent years, Stefan Molyneux breaks down the problems with the proposition and explains why it, like all other forms of socialism, would end is disaster.







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