TIME

A utopian idea whose time may finally have arrived

After decades of discussion and incomplete study, guaranteed income is finally being put to the test globally

SOMETIMES, ALL IT REALLY TAKES to change the course of history is a bit of dusting. That’s happened recently as economists and policymakers began seriously re-examining the 500-year-old concept of a basic-income guarantee. The most debated version, known as universal basic income (UBI), is simple enough: the government would pay every adult citizen a salary, regardless of wealth, employment income or if they worked at all. Doing so, theory goes,

You’re reading a preview, subscribe to read more.

More from TIME

TIME2 min read
Facing A Ban In The U.S., TikTok Gears Up For A Legal Battle
TikTok’s 170 million users in the U.S. face losing access to the ubiquitous social media app after President Biden signed into law a bill on April 24 compelling the app’s Chinese parent company ByteDance to either sell it by January 2025 or face a na
TIME3 min readGender Studies
Kathleen Hanna
You’ve been in the public eye since you founded your groundbreaking feminist punk band Bikini Kill, over 30 years ago. When did you decide to write your memoir? I started talking about it when I was maybe 40. Then I got sick with Lyme disease, and th
TIME2 min read
The 2024 TIME100 Summit
The TIME100 community gathered in New York City on April 24 for conversations including, clockwise from bottom left, actor Elliot Page with TIME’s Sam Lansky; comedians Phoebe Robinson and Alex Edelman with TIME editor-in-chief Sam Jacobs; TIME CEO J

Related Books & Audiobooks