What is UBI?
In Short 'Universal Basic Income'
Now there are increasing number of societies (cities and counties) that are experimenting with UBI to supplant the the current broken economic system.
So...does it mean everyone gets a basic income per month regardless of their work, status, color, creed, social standing? In theory, Yes!
Everyone gets a basic income and they are therefore incentivized to purchase the good and services produced by enterprises.
No, it is not a communist model because free enterprises are integral to this model of UBI.
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