The idea of universal basic income isn’t new – but can it ever be more than a buffer against the tide of life?

The idea of universal basic income isn't new – but can it ever be more than a buffer against the tide of life?

Can universal basic income ever provide more than a buffer? Illustration by Álvaro Sanmartí / The National A country where the staple lunch in summer is a rich salmon soup is by definition a highly developed state.

Finland is wealthy, well-educated and sophisticated in its tastes.

It comes as no surprise that Finland is one of a select group experimenting with universal basic income.The basic income concept is spurred by innovative technologies such as artificial intelligence that automate and perfect human function. The theory is that receipt of a relatively low wage covering household needs means people can adapt to the […]

Barack Obama signals support for a universal basic income

Barack Obama signals support for a universal basic income

link
originally posted by: PublicOpinion
a reply to: ThirdEyeofHorus

Yeah, no. Let’s talk about Allmende or the commons in this one. The US project seems to do fine thus far. […]Since the announcement of the basic income experiment, YC Research has remained fairly tight-lipped about the project. But the fact that another related program in San Francisco began in January may suggest it’s going well. So does the fact that Altman has been really doubling down on his support of basic income. “Why […]

Chicago is set to spark a financial and moral crisis

Chicago is set to spark a financial and moral crisis

Emily Abshire Buy Photos Chicago alderman Ameya Pawar recently introduced a piece of legislation that would make Chicago the largest municipality in the U.S. to test out universal basic income (UBI) with aspirations of solving the poverty crisis in the city.

UBI schemes entail giving a standard cash allowance to people, regardless of need, no questions asked. This specific program would henceforth provide 1,000 families with at least $500 per month. The families can do whatever they want with the cash; it is truly the closest one can get to free money.

Chicago is home to roughly 2.7 million people, yet […]

Radical idea? Alderman proposes free money for some of Chicago’s poorest

Radical idea? Alderman proposes free money for some of Chicago’s poorest

Mayor Rahm Emanuel and Alderman Ameya Pawar before a City Council meeting in 2016. File Photo. Brian Jackson/For the Sun-Times It’s an idea that has captivated Silicon Valley tech titans and some intellectuals on both the far left and the far right.

President Obama gave a nod to the notion in a major speech on Tuesday.

And now a prominent alderman is trying to plant a seed to see if what some are calling a radical concept can grow in Chicago.It’s called a Universal Basic Income. The idea is to give poor people money — with no strings attached— at public […]

Universally Wrongheaded

Universally Wrongheaded

Give People Money: How a Universal Basic Income Would End Poverty, Revolutionize Work, and Remake the World , by Annie Lowrey (Crown, 272 pp., $26)

“The issue is not that the United States cannot pull its people above the poverty line,” writes Annie Lowrey, “but that it does not want to.” America’s safety net fails people because it is designed to do so, she argues, “woven as it is with deliberate and large holes.” The solution, per the title of her new book, is to Give People Money .

The idea, specifically, is a “universal basic income” (UBI)—a government program that […]

UBI? Universal Basic Idiocy

Forget welfare. Food stamps are so yesterday. The latest rage amongst the socialist political set is Universal Basic Income, or UBI.

Ever since the subject was broached by Mark Zuckerberg in his Harvard commencement speech, leftists have flocked to the idea like, well, you know.

Like all other major cities run by leftists, the city of Chicago is hopelessly in debt and about dead broke. In fact, it ranks worst among the 116 major U.S. cities, according to the Fiscal Times. The Times adds that, “Chicago’s position at the bottom of the ranking is no surprise to anyone who follows municipal […]

Countries with universal basic income

Countries with universal basic income

09. The common denominator for all such programs is some form of government action aimed at extending access to health care as widely …Filter. 2018 · Universal Basic Income: Half of Americans Think Government Should Pay Workers Who Lose Out to Artificial IntelligenceIntroducing the world’s first basic income digital currency. 2018 · Those who support the idea of a universal basic income are "class clueless," former Vice President Joe Biden said in an interview Wednesday. A 15-hour workweek. 24. 05. 03. By Category. is the Only Very Highly Developed Country Without Universal HealthCare …13. Universal basic income, a program […]

A universal basic income is far away–but it can still inspire new ideas

A universal basic income is far away–but it can still inspire new ideas

There’s a long list of arguments for a universal basic income, the idea of the government giving everyone a check–say $1,000 a month–with no strings attached. Robots will eventually take many or most jobs . Even before that happens, giving people money could help ameliorate inequality and extreme poverty. Employers would be forced to raise wages if their workers knew they could leave a job and survive. Because it’s a universal program, UBI can avoid the racism built into current aid (and because it’s efficient, some libertarians argue that it should replace welfare completely).

In the new book Give People […]

Universal Basic Income comes to Chicago

Universal Basic Income comes to Chicago

Newell talks to DePaul University Professor Dr. Jason Hill about a Chicago alderman who is calling for a pilot program to provide a Universal Basic Income to select families in Chicago Transcript – Not for consumer use. Robot overlords only. Will not be accurate.

Good morning to all and so many things to talk about somebody topic so many things happening both nationally on the state level and local as well we’re gonna jump right into this conversation. As a relates to this. Notion. Of a universal basic income programmers Chicago Alderman I may Apollo Wal-Mart says. There with […]

This Major U.S. City Could Soon Give $500 to Its Poorest Residents, No Strings Attached

This Major U.S. City Could Soon Give $500 to Its Poorest Residents, No Strings Attached

Chicago could become the largest city in the U.S. to test a universal basic income program if its local government takes up a new proposal to start handing out $500 a month to some households for free.

City lawmakers have voiced support for legislation that would try a basic income scheme for 1,000 families in Chicago.

A bill, proposed by Chicago lawmaker Ameya Pawar, has started the legislative process by gaining support from 36 of the city’s 50 aldermen, who vote on local laws.Pawar spoke about his plan with news website The Intercept , where he said that he was proposing […]