Even the US has resorted to universal basic income, and with President Donald Trump’s signature on the cheques. Photo: Reuters Even the US has resorted to universal basic income, and with President Donald Trump’s signature on the cheques. Photo: Reuters
Even the US has resorted to universal basic income, and with President Donald Trump’s signature on the cheques. Photo: Reuters
Winston Mok
Opinion

Opinion

The View by Winston Mok

World economic divide blurs as US, Europe step up state aid and China optimises market efficiency

  • Western states are ‘nationalising’ wages and revisiting state capitalism while China intensifies its market reforms, offering no wage subsidies or big bailouts – as Covid-19 brings countries closer together on the ideological spectrum

Even the US has resorted to universal basic income, and with President Donald Trump’s signature on the cheques. Photo: Reuters Even the US has resorted to universal basic income, and with President Donald Trump’s signature on the cheques. Photo: Reuters
Even the US has resorted to universal basic income, and with President Donald Trump’s signature on the cheques. Photo: Reuters
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