David de Ugarte

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Economist and co-founder of the co-op Sociedad de las Indias Electrónicas

Should we have a universal basic income?

David de Ugarte strongly disagrees and says:

The basic income is attractive: it’s individually empowering, it crosses ideological borders, it’s a technocrat’s dream… but it would have terrible social and moral consequences: xenophobia, inequality, and a rise in the power of Big Businesses.