4 Perspectives That UBI Helps
Image: Martin Vorel
These are areas where people are disadvantaged that UBI seeks to solve. They are also often overlooked in the discussion about this subject.
This is from the article "4 reasons cities should embrace Universal Basic Income" put out by the World Economic Forum.
From a human rights perspective, unconditionally providing income outside of employment allows the realization of a full right to work, since it gives people protection against unemployment, and consequently the ability to refuse precarious employment.
From a sociological perspective, providing people with a secure economic base revitalizes personal and societal relationships, by giving people who wish to work for pay the choice to seek a job they find meaningful.
From a gender lens, UBI supports those choosing to undertake unpaid work such as domestic work, caregiving for the vulnerable and volunteer work. Often, unpaid work sustains other types of socially useful work but goes undervalued and uncompensated.
From a free market perspective, UBI produces a more competitive labour market by reducing the monopoly that paid work has over unpaid work. This balances the playing field between employers and workers, since employers must compete to attract talent - for example, with better wages and more flexible hours.
https://www.weforum.org/agenda/2018/07/why-cities-should-embrace-universal-basic-income/
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