It’s an unprecedented – and massive – experiment: Since 2017 the U.S.-based charity GiveDirectly has been providing thousands of villagers in Kenya what’s called a “universal basic income” – a cash grant of about $50, delivered every month, with the commitment to keep the payments coming for 12 years. It is a crucial test of what many consider one of the most cutting-edge ideas for alleviating global poverty. This week a team of independent researchers who have been studying the impact released their first results…

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    11 months ago

    This is the natural course of capitalism. Accumulation of wealth through private ownership of factories and corporations means concentration of power at the capitalist ruling class, and never-ending rise in inequality.

    It rewards those who are greedy and willing to exploit others.