John McDonnell, Labour MP and Shadow Chancellor of the Exchequer in the UK, has revealed that the Labour Party has established a working group to investigate universal basic income. Guy Standing, cofounder of BIEN, will play a key role in drafting their report.
Speaking directly to Basic Income News, Standing explains: “I have been invited to become an economic adviser to the Labour Party, and in particular to John McDonnell, the Shadow Chancellor (effectively, the Opposition finance minister). He has asked me to help prepare a detailed strategy report for framing a basic income and enabling the Labour leadership to […]
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