Is the Emergency Disaster Relief Funds a harbinger of basic income?: The role of basic income in its history
Gong Hoe Gimm
Basic income is seen, recently in South Korea, by many people as a solution to the destabilization of jobs as a result of the so-called ‘Fourth Industrial Revolution’. It is even more so this year in the midst of the economic crisis caused by the Covid-19 pandemic, and the Emergency Disaster Relief Funds provided for every household by the Korean government was regarded by the proponents of basic income as a harbinger of ‘genuine’ basic income. This paper seeks to show the inadequacy of this common notion by examining what exactly basic income was in its history and, ultimately, to find the right place for basic income in the debate for reforming Korean society.
Keywords: Basic income, Emergency Disaster Relief Funds, The Fourth Industrial Revolution, Covid-19, The (welfare) state