How desirable is establishing basic income in our modern capitalist societies?

How desirable is establishing basic income in our modern capitalist societies?

Basic income actually helps solidify capitalism believe or not. These capitalists supporters are embarrassing under equipped on their own economic system. In fact every capitalist should be cheering it on, especially if they are Malthusian and Keynesian. So how does basic income help solidify Capitalism, and shouldn’t ever be associated with such Socialist thought?

Basic income isn’t supposed to be thought as payment from a vacuum, it works exactly like the capitalist system only that the recipients are expanded. In fact many capitalists and liberal thinkers do want to support it. Why is that, is it because of this automation […]

German MP proposes ‘free basic income’ for parents

German MP proposes 'free basic income' for parents

A member of Angela Merkel’s Christian Democratic Union wants parents in Germany to receive a basic income regardless of their means. But this shouldn’t be confused with universal basic income, she said. It wouldn’t be the first progressive idea to be taken on by conservatives. A group of Bundestag members in the Christian Democratic Union (CDU) have proposed offering parents a basic state income – independent of their own financial situation.

The fixed monthly payment, the exact amount of which was not mentioned, would be tied to child care costs and would be subject to social insurance contributions.

The payment, part […]

Why a Citizen’s Basic Income experiment is vital

Why a Citizen's Basic Income experiment is vital

Citizen’s Basic Income Network logo One of the most exciting developments of the last year has been the creation of a Citizen’s Basic Income Network ( CBIN ) in Scotland. Bringing together a wide range of people who have an interest, and who have done work on citizen’s income, the group has been working on how to promote the idea of a citizen’s income, universal income or basic income. It builds on the excellent work of Guy Standing, and of the RSA’s Anthony Painter . And in Scotland on the work of Professor Ailsa Mackay, Annie Miller, Willie Sullivan, […]

Ben Simmons: BBC Scotland’s equality week – health and gender but no basic income?

Ben Simmons: BBC Scotland’s equality week - health and gender but no basic income?

Ahead of the launch of a new organisation in Scotland, campaigner Ben Simmons says a basic income would have a positive knock-on effect in the economy and society

LAST WEEK, BBC Scotland ran a series of articles on #unequalscotland, which is of course good to see, including an interview with Professor David Bell who has written about basic income previously .

When I first heard about basic income I thought about it as a fairly narrow idea around reforming benefits to make them simpler , but it actually makes more sense to me to think of it as a […]

GOA, INDIA: Mining reform group releases Manifesto, calls for citizen’s dividend

GOA, INDIA: Mining reform group releases Manifesto, calls for citizen’s dividend

The Goenchi Mati Movement advocates for the reform of mining practices in the Indian state of Goa. Its proposals include the investment of all money from iron ore mining into a permanent fund, which would be used to finance a citizen’s dividend.

Similar to Alaska’s Permanent Fund Dividend, the fund’s income would be distributed equally to all citizens in the form of an unconditional cash grant, providing all Goans with a basic income.

Founded in 2014, the Goenchi Mati Movement (GMM) aspires to reform mining practices that it believes to deprive residents of Goa their deserved share of […]

Paul Mason on Post-Capitalism and Universal Basic Income

Paul Mason on Post-Capitalism and Universal Basic Income

British journalist and broadcaster Paul Mason, author of Post-Capitalism: A Guide to Our Future , recently delivered a lecture in Amsterdam in which he points out the need for a universal basic income as a partial solution to changes in the economy due to new technologies. He raises related concerns in an article in The Guardian published shortly thereafter.

On October 25, author Paul Mason delivered a lecture at the De Balie culture center in Amsterdam, the Netherlands, wherein he argues that technological advancement has been not only correlated with but in fact a cause of economic stagnation. He […]

No, We Won’t Need a Basic Income

No, We Won’t Need a Basic Income

During the industrial revolution, many feared for the jobs and their livelihood as machines began to cut jobs from “hardworking people”. Machines like stocking frames, spinning frames and power looms were seen to be evil inventions that would put people out of work, leaving the economy to never recover. The most radical of this ideology became known as the Luddites – a group who would smash and destroy machinery. This violence became a massive rebellion in Britain lasting from 1811 to 1816 which required military force to put down and a death penalty for destroying machinery. However, the fears […]

Time for a Basic Income in Scotland

Time for a Basic Income in Scotland

Address 840-860 Govan Road, Govan, City Glasgow At The Pearce Institute County Glasgow (GB057) Date 26/11/2016 Hours 17:00 Categoria Events Official Website Facebook This conference marks the launch of a new Scottish Organisation, Citizen’s Basic Income Network Scotland SC0460356 (CBINS) promoting public understanding about and support for Basic Income (BI) CBINS and conference co-sponsors – the RSA, GalGael, the Centre for Human Ecology and Govan Folk University – warmly invite interested individuals and organizations to come and join them in exploring the many practical ways that BI could increase economic and social inclusion, reduce poverty and improve individual work/life […]

BIEN Celebrates Thirty Years: Basic income, a utopia for our times? | BIEN

BIEN Celebrates Thirty Years: Basic income, a utopia for our times? | BIEN

On Saturday October 1st 2016, the Basic Income Earth Network celebrated its 30th anniversary at the Catholic University of Louvain.

Originally published at NigelTodman.com This article can be republished under a Creative Commons Attribution 4.0 International License, With a link back to this article and attribution to Nigel Todman Subscribe on Minds nigel.todman Follow on Twitter @Veri

Basic Income: A Deeper Look is a two-part event to provide Londoners with opportunities to learn, dialogue and engage with the topic of Basic Income Guarantee. On Monday, April 18, 7:00pm, come to the Wolf Hall (Central Library) to hear national experts inJoin Us […]

Demonetisation Will Lead To Lowest Cost Of Capital In A Decade: Saurabh Mukherjea

Demonetisation Will Lead To Lowest Cost Of Capital In A Decade: Saurabh Mukherjea

Brokerage firm Ambit Capital in a report released earlier this week downgraded India’s GDP growth forecast for the next six quarters.

According to the report, the cash crunch arising due to demonetisation is likely to bring down economic activity in the short term, with India’s GDP growth estimates for 2017-18 at 5.8 per cent as against 7.3 per cent projected earlier.

Talking to NDTV Profit, Saurabh Mukherjea, CEO, Institutional Equities, Ambit Capital, said the demonetisation has led to a structural change in the Indian economy which would bring the cost of capital in India to lowest in over a decade."The cost […]