Tuesday, 4 February 2014

Just Give Money to the Poor: The case for a Global Basic Income

Poverty used to be a reflection of scarcity. Now it is a problem of identification, targeting and distribution. And that is a problem that can be solved. (The Economist's briefing on poverty)
Poverty may be the natural condition of human beings, but it is not inevitable. Extreme scarcity, like the ancient scourges of cholera or polio, has been eliminated by our own efforts from most of the world. We could eliminate it entirely if we chose. The world as a whole is now so rich that we could easily afford to simply give every destitute person an unearned claim on our collective economic wealth sufficient to lift them out of extreme scarcity.