The UBI is an adequate and effective way to adjust the concept of the social market economy to the age of digitisation, globalisation and the long-term trends that go along with a demographically ageing society. It is an efficient reaction to the increasing polarization between (human) capital owners and less qualified workers who must finance their lives with labour income stemming from low-paid jobs.
The UBI is an adequate and effective way to adjust the concept of the social market economy to the age of digitisation, globalisation and the long-term trends that go along with a demographically ageing society. It is an efficient reaction to the increasing polarization between (human) capital owners and less qualified workers who must finance their lives with labour income stemming from low-paid jobs.