Universal basic income: Actualising the educational, entrepreneurial & economic potential of individual & society

Abstract

This paper examines the possibility of the policy of Universal Basic Income (UBI) becoming considered for introduction by the British Labour Party in the coming years since their recent election in 2024. With the aim of addressing social stereotypes of poverty and unemployment, increasing engagement with social enterprises and the community, improving levels of employment and up-skilling the workforce through encouraging educational advancement, UBI has become a multifaceted area of social and political policy. Advocating social institution policy reform to align the UK social destiny to one that holds true to the British Labour Government ideals of social inclusion, equality of opportunity and alleviating social stigma and political inequality it concludes.