What’s So Great About Universal Basic Income? Well It Might Just Change What It Means to be Human

Money, money, money. One thing’s for sure – we can’t live without it. We need it to keep us and our family warm, clothed and fed. As well as all the other things that we rely on that make life worth living. Almost all of us depend on work and salary to get the money to keep us alive and happy, and we’d rather not think about what might happen if someone took it away.

We’re so dependent on work that most of our lives and energy are expended retaining that job, developing that career, gunning for that promotion. And […]

Italy Moves to Lower Pension Eligibility Age in Budget Proposal

Italy Moves to Lower Pension Eligibility Age in Budget Proposal

Despite warnings from its pension head, Italy cabinet members approved lowering the retirement age, among other things, for its 2019 budget.

Under the draft bill, the retirement age will drop to 62 from 66.7 for men and 65.7 for women if contributions were made for at least 38 years, a slight rollback from 2011’s increase. Other provisions under the bill are a basic income for the poor, a partial amnesty to help with tax issues, and a tax cut for the self-employed.

The basic poverty income, which will give unemployed Italians €780, or about $1,000 per month, will begin within 2019’s […]

This Basic Income Program Aims to Help Black Mothers

This Basic Income Program Aims to Help Black Mothers

Giving Compass’ Take:

• Fast Company reports on a basic income pilot program in Jackson, Mississippi, that will give black mothers living in poverty a monthly stipend of $1,000 a month.

• What sets this pilot apart from others is the specific nature of it. Will it work? If it does, how could such a program be scaled in other parts of the country? • In general, universal basic income is still far away, but the concept can still inspire bold new ideas . In America, black women are disproportionately likely to live in poverty. While […]

Magnolia Mother’s Trust: 15 Black Mothers To Receive $1000 Per Month In Basic Income Initiative

Magnolia Mother's Trust: 15 Black Mothers To Receive $1000 Per Month In Basic Income Initiative

Support FR These people are total bigots.
Why couldn’t it have been a lesbian black female instead of just a black female?

I have no problem with private charity.
But, my spidey-sense is tingling here. I predict that these women will be reported to be doing wonderfully, and on that basis there will be recommendations that the program be made governmental, national, and expanded ten thousandfold. Nyandoro said that “we must rewrite the system” that has sought to bury us beneath the rubble of capitalism. Most confusing idiotic sentence ever written. Systems get rewritten? Capitalism is destroyed already and is rubble? […]

Here are the main things included in Italy’s ‘people’s budget’

Here are the main things included in Italy's 'people's budget'

From L to R: Deputy Prime Minister Matteo Salvini, Prime Minister Giuseppe Conte and Deputy Prime Minister Luigi Di Maio present Italy’s draft budget. Photo: Filippo Monteforte/AFP From an amnesty on unpaid taxes to a universal basic income, here’s what you need to know about Italy’s 2019 budget plans.

Italy’s populist coalition has submitted its draft 2019 budget to the European Commission, forecasting an increase in the public deficit to 2.4 percent of gross domestic product.

The increase is essentially due to what the government calls its "people’s budget", a series of spending, pension and tax changes that will cost €37 […]

Can Universal Basic Income Achieve Economic Security?

Can Universal Basic Income Achieve Economic Security?

A wealthy country like the United States needs a solution for improving the supply and fairness of work overall. Is universal basic income the way to go? The complexity of the contemporary economy means that policies for economic security are among the most significant decisions a state can make. Indeed, the largest and longest-lasting policy to emerge from the New Deal legislation during the Great Depression is dubbed Social Security, a state-managed old-age pension.

Lightly-regulated capitalism leads to boom-bust cycles. And these cycles threaten the livelihood and survival of the poor in times of crisis, such as the Great […]

Magnolia Mother’s Trust: 15 Black Mothers To Receive $1000 Per Month in Basic Income Initiative

Magnolia Mother's Trust: 15 Black Mothers To Receive $1000 Per Month in Basic Income Initiative

Jackson, MS, is once again modeling radical Black love for the nation with a pioneering basic income program that will give fifteen Black mothers living in subsidized housing $1000 every month for the next year.

The initiative, Magnolia Mother’s Trust , is spearheaded by Springboard to Opportunities , in partnership with Economic Security Project , and “will be the first [guaranteed income initiative] that specifically targets extremely low-income families headed by an African American female living in affordable housing in the United States,” according to Springboard’s website.

Citing “ Becoming Visible ,” a 2017 report published by Springboard and Washington, D.C.-based […]

Share markets enjoy a brief respite as storm clouds gather

A new Italian banking crisis would quickly turn into a fresh European financial crisis. by Karen Maley

"The idea that this budget will blow up Europe is totally unfounded," said Italy’s Economy Minister Giovanni Tria this week after Rome formally sent through the controversial draft for its 2019 budget to Brussels.

But investors remain unconvinced. They know that Rome and Brussels have now entered the period of a phony war, as top European Union officials make one final, desperate attempt to persuade Italian authorities to rewrite their big spending budget If Rome refuses to back down, Brussels could theoretically demand that […]

Editorial – This would change everything

Jeff Burgar

Sure! Show us the money! Now!

We’re all in favour of our government sending us money. In fact, if any government, federal, provincial or even local, wants to make the so-called Guaranteed Income an election promise, heck, we will vote for them!The idea is, instead of welfare, social assistance or disability programs, which are targetted to the usually deserving, every person in Canada would get a “guaranteed basic income.”That’s right! Everybody!And not crumbs either! The income would be possibly be in the amount of $15,000 to $20,000 per year. Simple. No strings attached.If you work to bring in […]

Updates on the Stockton Basic Income Trial, feat. Mayor Michael Tubbs and Lori Ospina

Updates on the Stockton Basic Income Trial, feat. Mayor Michael Tubbs and Lori Ospina

As listeners of the podcast will almost certainly know, Stockton, California is planning a basic income trial for 2019. Jim spoke with Stockton Mayor Michael Tubbs and project leader Lori Ospina about new details regarding how the program will be structured, how recipients will be selected, and the challenges and responses so far to the Stockton Economic Empowerment Demonstration. For more information, you can go to StocktonDemonstration.org .

—— Episode Transcript

Owen: Hello, and welcome to the Basic Income Podcast. I’m Owen Poindexter. Jim: And I’m Jim Pugh. Owen: As listeners of this show will undoubtedly know one of the […]