Category: Basic Income

Economic growth has lifted billions of people across the globe out of poverty, giving countless millions a path to prosperity. The impact is truly immeasurable in the innovation, productivity, and human well-being it produces.

But along comes an article in The New Yorker explaining that some on the Left want to stop all that. They are “giving birth to the ‘de-growth’ movement, which calls on advanced countries to embrace zero or even negative G.D.P. growth.”

Economic growth, they claim, fuels climate change and leads to income inequality. Prosperous countries—the United States in particular—need to intentionally put on the brakes.Ignore the ability […]

Full Post at galen.org

OPINION: The nature of poverty in rich countries has changed. The sort of material deprivation common in developing nations is effectively a thing of the past.

But millions of Americans lead precarious lives – always on the verge of getting evicted, not knowing where their next meal will come from, or unsure how they’ll be able to generate an income. This precarious existence has replaced abject deprivation as the fundamental market of poverty.

Many believe such lifestyles are the result of low effort or poor individual choices. If people would simply follow the so-called success sequence – delay marriage and childbirth, […]

Full Post at www.stuff.co.nz

“ Universal Basic Income will be necessary over time ” – Elon Musk, 2018

As of 2020, the epitome of human existence in the capitalistic environment is the procurement of materialistic wealth, and the capacity to contribute unbridled means of productivity to society. Our very existence is predicated on our ability to barter our time and labour for the capability to consume goods and services, to the extent that it is the gauge we use to measure the health and success of our countries (GDP). However, given that our time is limited, and our appetite insatiable, we must utilise the […]

Full Post at uniedumasterclass.school.blog

Andrew Yang received high praise from political observers for his analysis during his first day as a TV commentator.

CNN announced Wednesday that Yang, an entrepreneur who dropped out of the Democratic presidential race last week after single-digit showings in Iowa and New Hampshire, joined the network as a contributor.

He made his first contributor appearance last night to discuss that evening’s Democratic presidential debate, the first with former New York Mayor Michael Bloomberg on the stage.“I don’t think he was coached hard enough,” Yang said of Bloomberg’s debate performance. “Number two, he was clearly instructed to keep his cool […]

Full Post at jimheath.tv

Lightfoot says universal basic income can’t help end poverty as city unveils anti-poverty plan

Chicago Mayor Lori Lightfoot introduces the keynote speaker Dr. Michael McAfee, President and CEO of Policy Link, at the Solutions Toward Ending Poverty Summit at the Isadore and Sadie Dorin Forum at UIC. | Tyler LaRiviere/Sun-Times

Mayor Lori Lightfoot made her comments at the Solution Toward Ending Poverty Summit where experts spoke in length about ending poverty in Chicago.Mayor Lori Lightfoot is committed to ending poverty within a generation but she isn’t convinced universal basic income will do that.“I am about teaching people how to fish, so […]

Full Post at e-news.us

Chicago Mayor Lori Lightfoot introduces the keynote speaker Dr. Michael McAfee, President and CEO of Policy Link, at the Solutions Toward Ending Poverty Summit at the Isadore and Sadie Dorin Forum at UIC. Mayor Lori Lightfoot is committed to ending poverty within a generation but she isn’t convinced universal basic income will do that.

“I am about teaching people how to fish, so they can feed themselves for a lifetime,” Lightfoot said Thursday at the Solution Toward Ending Poverty Summit at the University of Illinois at Chicago.

“I want people to be able to stand on their own forever.”Lightfoot said universal […]

Full Post at chicago.suntimes.com

Why are you running for State Assembly?

I’ll spare the talking points; I’m running because I think I’d be an effective Assemblymember. What do you love most about District 25?

District 25 is not only home to so many innovative companies, it is also one of the most diverse regions in California. To me, it represents the American Dream. No matter who you are, what you look like, where you came from; the possibilities are endless for you. If elected, what would your legislative priorities be? -Fighting climate change-Making healthcare more affordable and accessible-Making housing more affordable What are […]

Full Post at milpitasbeat.com

A former staffer of Barack Obama’s White House is now vying for a seat in Congress with a bold proposal: “Universal Basic Income for Kids.”

Suraj Patel , 36, is one of the three Democrats challenging incumbent Carolyn Maloney, also a Democrat, to represent the 12th Congressional District of New York in the primary election on June 23. Patel, an outspoken activist from the East Village, is also an attorney, businessman and assistant professor at New York University.

A son of immigrants from India, he grew up bussing tables, filling vending machines and changing hotel bedsheets. “Together as a […]

Full Post at nextshark.com

Below, some of the biggest, most innovative and, in some cases, controversial ideas for making the U.S. a more perfect union. 1. Baby bonds

Studies show that earning a good living is not enough to help people of color move up the socioeconomic ladder. So researchers William Darity Jr. and Darrick Hamilton have proposed “baby bonds,” which would give every baby born in the U.S. money up to about $50,000, depending on their family’s wealth. The money would belong to the children, becoming available when they turn 18. Supporters say giving every child a trust fund could help level […]

Full Post at time.com