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  • Writer's pictureStephan Busch

Hospitality, Event employees, Artist and self employed - we can save all of them with UBI

The money is there as we can see when billions get spend to save industries of which many shouldn’t be saved at all. So financing Unconditional Basic income would be the easiest solution and fairest.

The only obstacle are politicians afraid of loosing their power, administrators fearing that there is nothing anymore to administer. They would all win too but are just smart enough to ignore the idea for their own benefit alone.

Some more smart and not so self centered people seem to get it as this BBC article shows us:

“Twitter chief executive Jack Dorsey has become the first investor in a radical plan to give people a basic income, regardless of job status.

He has donated $3m (£2.4m) to the scheme, which is being piloted by the mayors of 16 US cities.

He said it was "one tool to close the wealth and income gap".

The idea of governments paying a basic income to citizens has gained momentum in response to the threat to jobs from artificial intelligence.

The premise of universal basic income (UBI) is that every individual in a country will receive a cash payment at regular intervals, without any requirement to work or qualify for it. The payment would be given to every citizen, regardless of wealth or employment status.” ( 12.07.2020)

We are experiencing right now who is on the bottom and who is on top when it comes to income and financial security. Hospitality workers are for sure a group that needs help and support. UBI would be beneficial for everybody. After Corona we experience change - if it a change to the better or the worse depends on us.

Author: Stephan Busch, Academic Director at the State University for the Humanities Moscow RGGU, Faculty of Tourism & Hospitality and the Swiss International University earned his Master Certificate in Hospitality Management from Cornell University, USA. He has a diverse experience in launching operations, business development and service training- for hotel and cruise companies in Asia, Europe, Canada and Russia.,

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