A very interesting experiment of Uncondition Income -- The idea of giving money to the poor without asking for anything in return startled some. "They told us the men would use the money to get drunk, and the women to buy jewelery and saris," said Dewala. "But it’s a middle-class prejudice that the poor don’t know how to use money sensibly. The study showed that a regular income allows people to act responsibly. They know their priorities. When something is rare, people measure its value. (Anyway, in tribal villages, people distil their own liquor.) The main advantage is regularity. It makes it possible to organize, save and borrow. The principle is that a small amount of money generates a great deal of energy in a village."
Unconditional Income Experiment
Posted by Tapan Parikh
on May 17, 2013
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