On the 9th of October 2018, at 6 pm, professor Sascha Liebermann will speak at the GLS Bank in Frankfurt. The event is organized by the Bündnis Grundeinkommen Hessen (Hesse Basic Income Alliance) political party and is expected to last for around two hours.

General description of the event:

Unconditional basic income (UBI) is a monthly amount of money which is sufficient for your existence, unconditional and for everybody. The UBI is a polarising idea for most groups in society. Opponents fear that  the principle of pay-for-performance will be undermined. Others think that the UBI will weaken social justice, because the existing social welfare state will disappear. Supporters of UBI claim that it will be an effective mechanism to create a humane working environment, in a time of increasing digitalisation of work. Above all, supporters claim that UBI gives the opportunity to free human beings from an economic straight-jacket and existential threats, allowing all members of society to prosper and develop their own potential.

The GLS Bank in collaboration with the ‘Bündnis Grundeinkommen Hessen’ party has invited Professor Sascha Liebermann from the ‘Alanus Hochschule für Kunst und Gesellschaft’ near Bonn as guest speaker.  The purpose is to explore the concept and discuss with the audience the risks and opportunities of UBI.