Raising the Minimum Wage is good, but a Basic Income would be better. [View all]

[reformist2]

What is Basic Income? It's a minimum level of income that every citizen deserves, regardless of whether he/she works or not. As it becomes increasingly clear that today's modern hi-tech society does not need all working-age adults to work full time, it's kind of ridiculous to expect all of us to find full-time work at a decent wage. Basic Income has been around as a theoretical concept for over 200 years (Thomas Paine was an advocate), but it is an idea whose time has finally come.

http://en.wikipedia.org/wiki/Basic_income