Basic Income Flashcards
1
Q
What is basic income?
A
a government run form of social security which is universal and given to all citizens?
2
Q
What theory does BI link to?
A
TH Marshall - Rights of citizens
3
Q
What are some of the advantages of BI?
A
Provides support before problems occur
Reduce inequality
People can bargain for wages
4
Q
What are some of the disadvantages of BI?
A
Expensive
Reduce amount of people
Threat of ‘Free Rider’
Goes to rich people who dont need it
5
Q
What ideology would support BI?
A
Social democratic
6
Q
Why would neo-liberals disapprove of BI?
A
Free rider/Welfare dependency