Media coverage

Pope Frances calls for UBI

The Guardian (24 Nov, 2020): In his new book due out this December, Let Us Dream: the Path to a Better Future, Pope Francis speaks of the economic, social and political changes he says are needed to address inequalities after the pandemic ends. “Recognizing the value to society of the work of non-earners is a vital part of our rethinking in the post-Covid world… By providing a universal basic income, we can free and enable people to work for the community in a dignified way…” he said.

The Pope also criticized trickle-down economics, the theory that tax breaks and other incentives for big business and the wealthy eventually will benefit the rest of society through investment and job creation. He called it “the false assumption of the infamous trickle-down theory that a growing economy will make us all richer”.

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