Basic Income Guarantee – Why it Would Work Better With a Land Tax

By Dr. Ibrahima Dramé

INTRODUCTION

A widening wealth gap, a marginalized middle class and growing concerns about robots and artificial intelligence (AI) displacing millions of workers are fueling intense debates on the adequacy of social safety nets in advanced capitalist economies. These concerns have only become more evident in the aftermath of the Covid 19 pandemic and its mandatory lockdowns and ensuing disruptions in labor markets.