The idea of a guaranteed income for all citizens has been around since the days of Thomas Paine, but the idea has received recent consideration due to widening income inequality and technological elimination of jobs.
Swiss painter and activist Enno Schmidt thinks unconditional basic income would increase people’s freedom and quality of life. Swiss voters rejected the idea of a basic income in a referendum earlier this year. There’s an argument that a basic income would be cheaper than existing complex welfare systems.
Schmidt joins Worldview to discuss the arguments for and against an unconditional basic income.