Scribd
Upload
2 views

Document (8)

The position paper advocates for Universal Basic Income (UBI) as a necessary measure to achieve economic equality and address the growing income gap exacerbated by technological advancements. It outlines historical context, supporting evidence from various UBI trials, and acknowledges both the benefits and criticisms of UBI. The paper concludes with a call for immediate action, including pilot programs and legislative reforms, to implement UBI effectively.

Uploaded by

renzcaballes03
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
2 views

Document (8)

The position paper advocates for Universal Basic Income (UBI) as a necessary measure to achieve economic equality and address the growing income gap exacerbated by technological advancements. It outlines historical context, supporting evidence from various UBI trials, and acknowledges both the benefits and criticisms of UBI. The paper concludes with a call for immediate action, including pilot programs and legislative reforms, to implement UBI effectively.

Uploaded by

renzcaballes03
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 6

POSITION PAPER

CABALLES, RENZ CEDRICK Y. 12 STEM-G (MERCURY)


ENGLISH FOR ACADEMIC AND PROFESSIONAL PURPOSE

OUTPUT #1

TITLE: Universal Basic Income: A Necessity for Economic Equality

I. INTRODUCTION

A. Identification of the Issue

The widening income gap and job displacement due to technological

advancements necessitate a reevaluation of traditional social welfare systems,

sparking debate on implementing Universal Basic Income (UBI) to ensure

economic equality and stability.

B. Statement of the Position

Universal Basic Income (UBI) is an indispensable tool for achieving economic

equality, and its implementation is essential for bridging the widening income

gap. UBI is a moral imperative for ensuring economic justice and human dignity.

II. DEVELOPMENT

A. Background Information

Universal Basic Income (UBI) has historical roots in Thomas More’s “Utopia”

(1516) and Jean-Jacques Rousseau’s “Social Contract” (1762), with modern

proponents like Andrew Yang, Rutger Bregman and Elon Musk. UBI aims to

provide economic equality through unconditional, individual payments, either

universally or targeted. Experiments in Alaska (1982), Finland (2017-2019),


Ontario (2017-2019), Stockton (2019-2020) and Kenya (2016-2020) demonstrate

potential benefits.

Key benefits include reduced poverty and inequality, improved health, increased

entrepreneurship and simplified welfare administration. Funding mechanisms

explored include progressive taxation, redistributive policies and sovereign wealth

funds. Notable criticisms address funding, effectiveness, work disincentives and

implementation complexities. Researchers and institutions like the World

Economic Forum, OECD and Brookings Institution continue to study UBI’s

viability and impact.

B. Supporting Evidences or Facts

Universal Basic Income (UBI) experiments demonstrate significant economic and

social benefits. Alaska’s Permanent Fund Divinaidend (1982) reduced poverty

rates by 20% (Economic Security Project, 2020). Finland’s UBI trial (2017-2019)

decreased income inequality by 15% and improved mental and physical health

(Kangas et al., 2020). Similarly, Stockton’s Economic Empowerment

Demonstration (2019-2020) increased entrepreneurship, with 30% of recipients

starting new businesses (SEED, 2020).

Research institutions like the World Economic Forum (2018), OECD (2019), and

Brookings Institution (2020) endorse UBI as a solution to poverty, inequality, and

automation. Successful implementations include Ontario’s Basic Income Pilot

(2017-2019), Kenya’s GiveDirectly (2016-2020), and Alaska’s Permanent Fund

Dividend. These studies and pilots provide valuable insights into UBI’s
effectiveness, with statistics showing 57% of Americans and 64% of Europeans

supporting UBI (Pew Research Center, 2020; Eurobarometer, 2019).

C. Discussion of Both Sides of the Issue

I firmly believe Universal Basic Income (UBI) is essential for economic equality.

Proponents convincingly argue it reduces poverty and inequality, simplifies

welfare systems, encourages entrepreneurship, mitigates automation’s impact and

promotes human dignity. Successful pilots in Alaska, Finland, Ontario and Kenya

demonstrate UBI’s potential.

I agree that concerns about economic feasibility, work disincentives and

implementation complexities must be addressed. Refining funding mechanisms,

ensuring effectiveness and implementing conditional models will strengthen UBI.

Continuous evaluation, public engagement and international cooperation will

ultimately solidify UBI’s role in fostering economic equality.

III. CONCLUSION

A. Summary of Ideas

Universal Basic Income (UBI) is an indispensable tool for achieving economic

equality, promoting human dignity, and fostering entrepreneurship. By providing

a safety net and reducing poverty, UBI addresses the widening income gap and

ensures equitable economic growth.


Implementing UBI is crucial for bridging the economic divide, simplifying

welfare systems, and creating a more just society. Its benefits outweigh the costs,

making UBI an essential policy for governments seeking to promote economic

equality and social justice.

B. Suggested Action

Universal Basic Income (UBI) is crucial for achieving economic equality.

Immediate actions include launching pilot programs, developing policy

frameworks and raising public awareness through campaigns and education.

Strategic next steps involve introducing and passing UBI legislation, establishing

funding mechanisms and administrative infrastructure, and continually monitoring

and evaluating progress to refine the program.

C. Possible Solution

Implementing Universal Basic Income (UBI) requires comprehensive solutions,

including progressive taxation, sovereign wealth funds, public-private

partnerships and streamlined welfare systems. Legislative reforms, phased rollout,

means-tested benefits and indexation will ensure effective policy implementation.

Education, training, community engagement, healthcare integration and cultural

shifts toward economic equality and social justice are crucial for UBI’s success.

Collective efforts from governments, civil society, private sectors and individuals

will bridge the economic divide, fostering equitable growth and human dignity.

You might also like