Is Financial Security a Right?

The title of Financial Security Should be the Next Human Right puts me off. I’m tired of people who feel entitled to a free ride. What the post is talking about is more in line with a floor or safety net, what is often called Unconditional Basic Income (UBI). As the post points out, Alaska, a solidly Republican state, is already doing a partial UBI with their crude oil revenues.

Most articles on UBI come from democratic socialist countries. This post is from the New America think tank. They put a capitalist spin on it—UBI is seed capital for beginning entrepreneurs. Various UBI pilot programs have found that people frequently use the money to support themselves and their family while they pursue more education. More entrepreneurs and more educated workers is definitely something needed in this world. Depending on a high school education and a manufacturing job doesn’t work in the developed world anymore.

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