Category: Basic Income

“From my cold, dead hands”: With the self-driving car revolution predicted to arrive within the next two decades, we may be facing “the next great battleground of America’s culture wars,” The Week writes. Picking up on the prediction from former General Motors VP Bob Lutz that “human-driven vehicles will be legislated off the highways,” The Week expects a messy fight to come: Some social media users were thrilled by Lutz’s prediction, commenting on the technology’s potential safety aspects and how it could make commuting easier. But plenty of others were horrified at the prospect. Lots of "… from my […]

Full Post at www.citylab.com

We all grew up in a world of work. To live, we had to work. And there was much work to do. We trusted that there will always be jobs requiring workers.

Most of us were not well paid. To acquire what we needed, we had to borrow. We needed consumer loans, mortgages, and credit cards. Most of the time we had debt and we had to pay interest to the lenders.

This system worked well as long as there were persons with wealth and capital to hire us or there were government agencies to give us jobs.Occasionally, our system fails […]

Full Post at www.huffingtonpost.com

Basic Income is often seen as a policy that would happen in an ideal world, with its proponents apparently lacking any idea on how to get there. In my view, advocates like myself need to outline a plan that can bring us to a workable and simple welfare state that relies heavily on basic income as its primary source of support. That is what I am proposing.

A first step towards basic income would be to mostly replace the personal allowance with a payment to every person over the age of 18. While raising the personal allowance took millions out […]

Full Post at www.libdemvoice.org

Recently this idea has become hugely popular amongst the 21st century ‘New Left.’ An idea that every adult citizen should have enough money to live on regardless of whether they work or not.

Now, I completely understand where this idea is coming from. The current welfare state (especially in Britain) is completely corrupt and cruel to it’s recipients. Often under capitalism, especially in times of crisis, one cannot find work, so to be punished for it through benefit sanctions, etc, is an absolute outrage.

I still feel however, that the UBI is a reformist policy, fundamentally adapting to the free market […]

Full Post at www.reddit.com

Chuka Umunna will today launch a lengthy attack on one of the key economic reforms demanded by supporters of Jeremy Corbyn and criticise plans put forward by the “far left”.

In a blunt speech, the former shadow business secretary will condemns proposals for a universal basic income (UBI) and say the policy represents a “counsel of despair” which would mean society is “washing its hands of responsibility the poor”.

The UBI, which aims to provide a regular sum of money to all citizens, irrespective of their financial situation, has been championed by the Green Party, as well as John McDonnell, who […]

Full Post at labourlist.org

supply GiveDirectly, a charity interested by direct money transfers, has introduced its 12-year experiment on elementary source of revenue.

The charity will take a look at whether or not giving other folks cash, no strings connected, will assist other folks and communities or go away them worse off.

Different elementary source of revenue experiments are doping up throughout the globe. GiveDirectly, a charity that has been financing direct money transfers to deficient villages in East Africa since 2008, introduced Monday that it has formally introduced the most important common elementary source of revenue (UBI) experiment in […]

Full Post at 4idshared.com

GiveDirectly, a charity focused on direct cash transfers, has launched its 12-year experiment on basic income. The charity will test whether giving people money, no strings attached, will help people and communities or leave them worse off.

Other basic income experiments are popping up across the globe.

GiveDirectly, a charity that has been financing direct cash transfers to poor villages in East Africa since 2008, announced Monday that it has officially launched the largest universal basic income (UBI) experiment in history.Beginning November 13, 40 villages (roughly 6,000 people) will receive roughly $22.50 per month, no strings attached, […]

Full Post at chaining.ru