Category: Basic Income

One of the persistent criticisms of the Universal Basic Income is that it would either entice people to purchase addictive substances, such as alcohol, or enable existing addictions through the added cash benefit. Dr. Katarzyna Gajewska, an independent scholar researching the UBI, has studied this question in the past. Her unique insights deserve further exploration. I recently had the opportunity to interview Katarzyna on the subject.

In the interview, Katarzyna discussed her conclusion that it is “improbable” that a UBI would cause someone to become an addict. She believes that “abrupt measures,” such as taking away an individual’s basic income […]

Full Post at www.resilience.org

Over the last 70 years, an inexorable long-term structural change has taken place in the economy. Source: ONS, defining ‘labour income’= wages + self-employed earnings It’s very clear that aggregate ‘labour income’ (=wages + self-employed earnings) has declined compared to consumer expenditure, with a turning point in 1995, such that

> From 1948 to 1995, labour income exceeded consumer expenditure.

From 1995 to 2016, consumer expenditure now increasingly exceeds labour income. By 2016, labour income only funded 86% of consumer expenditure. 14% of consumer expenditure was funded by unearned income. This trend is structural, long-term, and inevitable. Its most […]

Full Post at www.libdemvoice.org

​Maddy Halliday explains what Citizen’s Basic Income is – and how it would work Citizen’s Basic Income (CBI), also known as Universal Basic Income, refers to an unconditional, non-withdrawable income payable by the state to every individual as a right of citizenship.

CBI would support children, adults of working age and retired adults with variations in the level of CBI for these age groups.

It would need to be complemented by a living wage for people in paid work; additional support for those unable to meet essential housing costs; and additional support for disabled people.CBI would complement other universal and vital […]

Full Post at thirdforcenews.org.uk

​Calls for a Citizens Basic Income are gaining ground – Dr Benjamin Simmons looks at why When The Fairer Fife Commission released Fairness Matters in November of 2015 with its shock recommendation of a basic income pilot it started a chain reaction of conversations which led to the announcement last month of the Scottish Government’s decision to fund a feasibility study.

At the same time as the release of the Fife publication we were setting up Citizen’s Basic Income Network Scotland (which would be formally established in February 2016) with the intention of fighting an uphill battle to raise awareness […]

Full Post at thirdforcenews.org.uk

@ErinMathewsSJ

Robert Klingenberg believes it’s the things that make him like everybody else that will make him stand out in the race for Kansas governor.

The 27-year-old Salina native, who filed his intent earlier this month with the Kansas Governmental Ethics Commission to raise funds, said he knows what it’s like to work for a living, and he wants to help make life easier for the men and women of the state’s workforce.“I go to work every day and come home to be with my family,” he said. “I’m a person who wants to represent everybody who does that — […]

Full Post at www.salina.com

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TwitterVkontakteOdnoklassnikiThe idea of tackling inequality by paying all citizens a regular sum of money, irrespective of their financial situation, often referred to as a Universal Basic Income (UBI), is increasingly in vogue. Touted as a way to boost consumer spending, and as a mechanism that could help redistribute the wealth created by machines as jobs are lost to automation, it is yet to be tested on a truly grand scale in a developed country. But that might change, and soon. Nicola Sturgeon, Scotland’s First Minister, announced plans for trials of a Citizen’s Basic Income in Fife and Glasgow at […]

Full Post at vectornews.eu

A Scottish Citizens Basic Income could cost an additional £12.3bn a year Credit: Heathcliff O’Malley The idea of tackling inequality by paying all citizens a regular sum of money, irrespective of their financial situation, often referred to as a Universal Basic Income (UBI), is increasingly in vogue.

Touted as a way to boost consumer spending, and as a mechanism that could help redistribute the wealth created by machines as jobs are lost to automation, it is yet to be tested on a truly grand scale in a developed country.

But that might change, and soon. Nicola Sturgeon, Scotland’s First Minister, announced […]

Full Post at www.telegraph.co.uk