The Push for Universal Basic Income is More Viable Than You Think

By: L. Papa

 Universal Basic Income (UBI) has long been a controversial topic, with proponents arguing it could reduce poverty and stimulate economic growth, while critics dismiss it as impractical and financially unsustainable. Yet, recent developments and economic shifts suggest that UBI could be far more viable than many realize. While it remains an unpopular opinion among mainstream politicians and economists, the idea is slowly gaining traction in several countries.

UBI advocates argue that by providing a fixed income to every citizen, regardless of employment status, society could address systemic poverty and income inequality. The concept has garnered more attention following the global economic disruptions caused by automation and artificial intelligence. As robots and algorithms continue to replace human labor, the traditional work model faces unprecedented challenges. Some critics claim that UBI is simply an idealistic solution to a problem that doesn’t yet exist at scale. However, recent pilot programs in places like Finland and parts of Canada have shown promising results, demonstrating that providing a basic income could improve mental health, reduce crime, and encourage entrepreneurship.

Despite the benefits, many politicians still view UBI as a radical policy, often dismissing it as a dream that cannot be realized without bankrupting governments. But as the cost of living continues to rise and more people face precarious employment, it’s becoming harder to ignore the potential of UBI as a practical solution. With growing support from younger generations and increasing data from pilot programs, this “unpopular opinion” may not be as out of reach as once believed.
​
In an era where traditional economic systems are being tested like never before, it’s time to reconsider what we believe is possible. UBI, once seen as a fringe idea, may well be the key to a more resilient and equitable future.