Mark Zuckerberg recently told Harvard graduates that everyone should be paid a universal basic income, and he says the wealthy should pay for it.
The Facebook founder said that making sure everyone received basic pay would allow them to take more risks and try out new things, while knowing that they would still be able to afford the basic things they need to live, according to The Independent.
The idea of a universal basic income (UBI), has been made popular by technologists and bigwigs in Silicon Valley according to CNBC. They say it allows for more redistributive policies and will be important when automation takes away jobs.
During the Harvard graduation, Zuckerberg suggested the UBI should be part of a “new social contract for our generation”.
“We should have a society that measures progress not just by economic metrics like GDP, but by how many of us have a role we find meaningful,” he said. “We should explore ideas like universal basic income to give everyone a cushion to try new things.”
“We’re going to change jobs many times, so we need affordable child care to get to work and health care that aren’t tied to one company. We’re all going to make mistakes, so we need a society that focuses less on locking us up or stigmatizing us. And as technology keeps changing, we need to focus more on continuous education throughout our lives. ”
“And yes, giving everyone the freedom to pursue purpose isn’t free. People like me should pay for it. Many of you will do well and you should, too.”
Zuckerberg has been on a tour around various parts of the US meeting people and posting his policy recommendations for improving their lives. Some are suggesting this is part of gaining support to run for president in the next election, but he has repeatedly denied that he is preparing to try to lead the US.
(Article By Jeremiah Jones)