Can UBI survive financialization?
The idea of a universal basic income is growing in popularity, but it cannot be used primarily to service debt and secure new loans, says welfare economics expert, Lena Lavinas.
Lena Lavinas, Professor of Welfare Economics at the Institute of Economics at the Federal University of Rio de Janeiro, is the author of 'The Takeover of Social Policy by Financialization: The Brazilian Paradox'.