Universal Basic Income (UBI) is coming at the on-set of robotics and Automation
Advantages: Liberty. On the most basic level, everyone who works does so out of economic coercion. You have to feed, clothe, and house yourself; those things cost money, so you have to work for money. This limits liberty, but is not inherently evil - humans have had to forage and "work" to provide for themselves since the dawn of time, like any other animal. The problem happens when we introduce inequality - the rich gain power over the poor, which can be abused. The Universal Basic Income (UBI) counteracts that by providing a reasonable alternative to being coerced into unpleasant work. The nice side effect is that, this also increases employees' bargaining power without depending on an inefficient, easily corruptible system like unionization. Welfare. The UBI aims to increase the welfare of the poor, but also allows the poor more freedom by disbursing their benefits as money instead of in-kind transfers. Most will spend it on small luxuries and consumer goods. M...