Maricá, Rio de Janeiro (Brazil)
Fabiano Horta , the Mayor of Maricá, Brazil, has extended the unconditional income already distributed in Maricá, Brazil, to all its residents. He also aims at raising the distributed value tenfold during 2017.
The unconditional income is paid in Mumbuca, a local social currency. One Mumbuca is valued at one Real. The initial income was 10 Mumbucas per month, roughly equivalent to 3 €/month. It was introduced by Washington Siqueira (known as Washington Quaquá), who was Mayor of Maricá until late 2015. This was reported on at the time. The modest amount was given independently […]
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