Unconditional basic income as a source of social growth - selected issues

Purpose: The aim of this article is to analyze the proposal of unconditional basic income (UBI) in the context of social inequalities and to elucidate the fundamental aspects of this concept. The analysis of the UBI concept is conducted without reference to the sources of financing for this solution. Design/methodology/approach: The primary research methods employed are a literature review and the observation of reality. Findings: The implementation of unconditional basic income, as envisioned by Klaus Schwab, is projected to lead to a significant increase in social inequality. Research limitations/implications: To avert the potential negative outcomes, it is essential to initiate a robust discourse and develop a comprehensive system with detailed solutions. It is recommended to engage not only economists, lawyers, and policymakers but also entrepreneurs and trade unions, ensuring that the resulting concept is as optimal as possible. Practical implications: (if applicable) What outcomes and implications for practice, applications and consequences are identified? How will the research impact upon the business or enterprise? What changes to practice should be made as a result of this research? What is the commercial or economic impact? Not all papers will have practical implications. Social implications: (if applicable) What will be the impact on society of this research? How will it influence public attitudes? How will it influence (corporate) social responsibility or environmental issues? How could it inform public or industry policy? How might it affect quality of life? Not all papers will have social implications. Originality/value: This article contributes to the academic discourse by evaluating the concept of unconditional basic income in relation to social inequality.