Money for Nothing — The Advent of Unconditional Basic Income

What would you do if you never had to work another day in your life? That’s not an easy question to answer but take a second and seriously consider what would you do with the rest of your days. It’s the thought of many people but nobody really know what they would do. How would you use the opportunity of such ubiquitous and unadulterated free time?

Would you pursue enlightenment or frivolously waste it? That would, of course, be your prerogative but thinking about it brings a whole host of interesting feelings and considerations.

Imagine then a world where the government pays every single adult the basic cost of living, regardless of whether you are rich, poor, employed or unemployed. Crucially, everyone gets exactly the same amount with absolutely no strings attached.

You literally get money for nothing

The stigmatised system of welfare and benefits would be eradicated instantaneously and replaced with the means for life.

There are also several additional unintended positives as well: it offers women, forced to endure abusive relationships unable to escape due to dependence, an route to self-reliance and financial independence. Public health is improved as the stresses of employment are negated entirely and people…