Category: Basic Income

State lawmakers in Hawaii have voted to explore the nation’s first Universal Basic Income (UBI).

A controversial idea, though one that’s gained traction amid fears of the impact of automation on global economies, a UBI would guarantee a living wage to every citizen, regardless of employment status.

Hawaii has one of the lowest unemployment rates in the country at 2.9 percent , but many of the state’s jobs are in low-paying industries like agriculture and hospitality. By some estimates, one in six Hawaiians live below the poverty line.Making matters worse, agriculture and service sector jobs are primed to be replaced by […]

Full Post at www.fleekist.com

Common Weal, a Scottish think tank and activist organisation , has released a policy paper suggesting that universal basic income (UBI) could be the best option for an independent Scotland.

Dr Craig Dalzell, the Head of Research for Common Weal, argues that “the anxiety and stress caused by the pressure to conform to the constantly shifting rules around claiming welfare can itself have deleterious effects on the health and well-being of citizens,” and goes on to conclude that UBI “provides a powerful means of enacting the kind of wealth redistribution which promotes the kind of fairer, more equitable society which […]

Full Post at basicincome.org

Weymouth Town Centre and Harbour Overview. Inset: Jason West Councillors have shown their support for proposals to launch a basic income scheme aimed at fighting deprivation in Weymouth.

Weyforward, a local community group campaigning for social transformation in the borough, has taken a step closer to putting its plans for Weymouth Basic Income (WBI) into action.

The group initially sought £1million of funding from Weymouth and Portland Borough Council (WPBC) to launch the scheme which would act as a financial safety net for people hoping to start a new career in something they love.Following a private meeting between Weyforward founders Jason […]

Full Post at www.dorsetecho.co.uk

WANGANUI CHRONICLE | Opinion Your views: Party ‘faithful’ in the picture

Labour MP Andrew Little tours the Whanganui Resource Recovery Centre last week with manager Ramari Te Uamairangi, mayor Hamish McDouall, Labour Whanganui candidate Steph Lewis, list candidate Linsey Higgins and campaign manager Josh Chandulal-Mackay. Photo / Stuart Munro In the picture of Andrew Little’s visit to the Whanganui Resource Recovery Centre, gentle readers were treated to a gathering of the Whanganui "party faithful".

How come the dishevelled mayor and his executive assistant are clearly on display? ‘The latter described as a list candidate. BERNARD CORKERY, Whanganui UBI […]

Full Post at www.nzherald.co.nz

VialCoin, designed with passion for the greater good

Vialcoin will be the only cryptocurrency that charges a small % as a fee, rather than the standard, nominal 0.001. All the fees will go back to the miners, and mining capacity will be limited per user. VialCoin believes that Bitcoin, and almost all other crypto’s out there have a MAJOR Issue that nobody is addressing:

Similarly to Bitcoin’s transaction fees, fiat money has tax. Tax money is supposed to come back to the tax payer in form of services, much in a way fees go back to the miners, except one is […]

Full Post at www.digitaljournal.com

Every day, almost 17,000 children die from the pains of hunger. Just on the edge of survival are 767 million people with less than $1.90 per day.

An estimated 100 million people are without home , while as many as 1.6 billion suffer from lack of adequate housing.

Do you know how it feels to be poor?Do companies know how it feels to lose one’s job — one’s only hope to provide for their family — to a robot or “smarter” machines?Is the Universal Basic Income (UBI) the answer to the problems of poverty and increasing job displacement due to robotic […]

Full Post at wallstreetpit.com

Media player: "Space" to play, "M" to mute, "left" and "right" to seek.

How the world could be and what societies need to do to usher in positive change was at the heart of the discussion on Melbourne Writers’ Festival Q&A special.

Featuring writers from the weekend’s celebration of literature and ideas, the panel were asked to identify the challenges facing the global community right now and help provide a viable path to a more optimistic future.That was the question posed to the panel by Karima Farouque, who was concerned about the tenor of debate on social media and political stunts […]

Full Post at www.abc.net.au

Getty Images/iStockphoto The rewards generated by robotics and artificial intelligence (AI) should be used to reduce the state pension age and realise other benefits for working people.

According to a report by the UK’s Trade Union Congress , while previous waves of technological change have not led to overall job losses, much of the benefit of improved productivity has gone to business owners, and not been shared by workers in better wages and working conditions. It wants the impending wave of AI productivity gains to be handled differently.

The TUC noted that in 1950 almost one in three workers worked in […]

Full Post at www.zdnet.com

LONDON, Sept. 4 (Xinhua) — Robots should be used to benefit working people, rather than aid employers, a report by Britain’s biggest trade union said Monday.

The Trades Union Congress (TUC) said that its report, entitled "Shaping Our Digital Future," explored how the next technological "robot" revolution will impact on jobs and wages.

The TUC report said that the economic gains from digitisation, robotics and artificial intelligence (AI) should be used to benefit working people, for example by reversing policies to raise the state pension age."Previous waves of technological change have not led to an overall loss of jobs, but have […]

Full Post at news.xinhuanet.com

The Green Party says political parties must stop "tinkering around the edges" of the economy on the day that workers at two branches of McDonald’s go on strike .

The party has called for a " system shift " to make the 21st century economy " work for us ". They argue that strikes like those carried out today by McDonald’s workers are part of a wider movement against the economic system and that government proposals outlined so far to help workers in the gig economy do not go far enough . They say more far-reachig reforms are needed including […]

Full Post at www.economicvoice.com