by Peter Knight 

 

“As global wealth inequality deepens and automation threatens to usher in a new form of technology-driven unemployment, many nations, from the wealthy and industrialized to the still-developing, are providing a basic and unconditional financial floor for some of their citizens.

Although no country has fully implemented a nationwide Universal Basic Income (UBI) plan as of July 2025, some continue to experiment with pilot programs or targeted, UBI-like versions known as Guaranteed Basic Income (GBI) to address either country-specific or universal issues.”

To read the Newsweek article, click here.