Depleted financial reserves and a shrinking tax base mean it is no longer possible to simultaneously deliver high defense spending, price stability, and economic growth.
Alexandra Prokopenko
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Several commentators have remarked that Universal Basic Income functions as a Rorschach test for the welfare state, given that it draws its support from a diverse ideological coalition that sees it as mediating their own preferred versions of an ideal society.
Source: Print
Several commentators have remarked that Universal Basic Income functions as a Rorschach test for the welfare state, given that it draws its support from a diverse ideological coalition ranging from the libertarian right to the liberal left that sees it as mediating their own preferred versions of an ideal society.
But a vehement debate simmers below this shallow consensus between those who see a UBI as restraining the worst paternalistic tendencies of a convoluted welfare state, and those who support its role in plugging the gaps of a social protection floor alongside universal services and efforts to reform existing programs.
Saksham Khosla
Former Research Analyst, Carnegie India
Saksham Khosla was a research analyst at Carnegie India.
Depleted financial reserves and a shrinking tax base mean it is no longer possible to simultaneously deliver high defense spending, price stability, and economic growth.
Alexandra Prokopenko
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