SEOUL -- Universal basic income, which has been gaining buzz on the fringes of mainstream economic thought, has become a central pillar in the platform of a South Korean presidential candidate.

Should Lee Jae-myung, the ruling Democratic Party's pick, come from behind to win the presidency in March, South Korea could become the first major economy to adopt a universal basic income program. © Illustration by Hiroko Aida
Presidential hopeful wants universal basic income to ease economic disparities