From The Atlantic.
America is the richest civilization in history. Why, then, are our living standards so low compared to those of other wealthy democracies?
“There’s a big idea out there that could help solve this,” says The Atlantic writer Annie Lowrey. “It’s called a universal basic income.”
In a new animated video, Lowrey argues that UBI—a concept that has existed for more than 500 years—would help close the income inequality gap, eliminating poverty and increasing mobility and opportunity for all American citizens.