A small city in Brazil is making basic income a reality

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About 52,000 people in the small Brazilian city of Maricá, near Rio de Janeiro, will get a form of "Universal Basic Income" (UBI) from the municipality. 

The amount will be about $64 per person per month, accessed through a local currency that can only be used in the city.

Interesting to follow, as this may be the largest scale ever for a Universal Basic Income experiment.

Source: https://www.vox.com/future-perfect/2019/10/30/20938236/basic-income-brazil-marica-suplicy-workers-party


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