Category: Basic Income

The Case For And Against Universal Basic Income

The Case For And Against Universal Basic Income

Some on the right are embracing a form of government policy as a means to end poverty: universal basic income.

Keep reading this article on The Daily Wire

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What Will It Take To Get A Universal Basic Income In The U.S.?

What Will It Take To Get A Universal Basic Income In The U.S.?

With income inequality on the rise and the American Dream an illusion for more and more Americans , lots of people are calling for a universal basic income (UBI) to be part of our future. A stipend paid to every man, woman and child in the U.S., a UBI could end poverty, reduce government bureaucracy, and spur creativity and meaningful work, people across the political spectrum say .

But exactly how a UBI might work in practice is still a big open question. We have to work out, for example, how to pay for a UBI (the cost might be […]

Facebook’s cofounder just launched a $10 million initiative with other big names to figure out whether basic income works

Facebook's cofounder just launched a $10 million initiative with other big names to figure out whether basic income works

Reuters photographer More than 100 experts from Silicon Valley, activist communities, and academia have teamed up to learn about the year’s most popular idea for fighting poverty.

Announced December 8, the Economic Security Project (ESP) is a two-year fund of $10 million that will go toward uncovering everything there is to know about universal basic income, a system of wealth distribution in which every citizen receives a monthly stipend to cover basic needs.

The coalition contains a range of future-minded folks, including Y Combinator President Sam Altman, GiveDirectly Co-Founder Michael Faye, and Robert Reich, the former Secretary of Labor and a […]

Basic income makes more sense than ever in the Trump era

Basic income makes more sense than ever in the Trump era

U.S. President-elect Donald Trump speaks at a rally as part of their "USA Thank You Tour 2016" in Cincinnati, Ohio, December 1, 2016 . If Donald Trump maxes out his time in the White House, he’ll leave office in 2024.

By that time, economists predict robotics and artificial intelligence will have begun their unstoppable march into American factories. People will start losing their jobs en masse, and it’ll be up to President Trump and his cabinet to devise an economic escape plan.

A growing band of advocates argue it doesn’t have to turn out this way if Trump embraces a radical […]

Universal Basic Income: Not Just An Idea But A Feasible Solution

Universal Basic Income: Not Just An Idea But A Feasible Solution

Universal basic income is a concept that pertains to giving an amount of money to citizens without any requirements or conditions other than being legal citizens and probably a certain minimum age (most likely what’s considered as the working age). Although the idea of handing out money for free is generally viewed in a negative rather than a positive light, maybe it’s time to rethink and reconsider our perceptions.

Ideally, the amount of guaranteed basic income should be enough to cover basic needs like food, clothing and shelter, but insufficient for everything else. That way, recipients will still be motivated […]

A universal basic income: the answer to poverty, insecurity, and health inequality?

For four years in the mid-1970s an unusual experiment took place in the small Canadian town of Dauphin. Statistically significant benefits for those who took part included fewer physician contacts related to mental health and fewer hospital admissions for “accident and injury.” Mental health diagnoses in Dauphin also fell. Once the experiment ended, these public health benefits evaporated. 1 What was the treatment being tested? It was what has become known as a basic income—a regular, unconditional payment made to each and every citizen. This ground breaking experiment, an early randomised trial in the social policy sphere, ran out […]

Basic income makes more sense than ever in the Trump era

Basic income makes more sense than ever in the Trump era

U.S. President-elect Donald Trump speaks at a rally as part of their “USA Thank You Tour 2016″ in Cincinnati, Ohio, December 1, 2016 . If Donald Trump maxes out his time in the White House, he’ll leave office in 2024.

By that time, economists predict robotics and artificial intelligence will have begun their unstoppable march into American factories. People will start losing their jobs en masse, and it’ll be up to President Trump and his cabinet to devise an economic escape plan.

A growing band of advocates argue it doesn’t have to turn out this way if Trump embraces a radical […]

Could cutting back paid work mean your kids have paid jobs?

Could cutting back paid work mean your kids have paid jobs?

Jenna Price Around October, they start to get anxious.

Who are they? They are the thousands and thousands of Australian workers who are waiting for their contracts to be renewed. SHARE Share on Facebook SHARE Share on Twitter TWEET Pin to Pinterest PIN Link Work situations have changed, with many employees now not sure of the ongoing nature of jobs. Photo: -Oxford- Our adult children don’t have full-time jobs any more. They don’t have permanent jobs any more. They put together what they can, when they can. It makes them insecure about their current circumstance, anxious about the future.

About one-sixth […]

basic income is the utopian version in automation world, and the dystopian version is where millions people become homeless and living day to day eating food from food bank

basic income is the utopian version in automation world, and the dystopian version is where millions people become homeless and living day to day eating food from food bank

One big concern with homelessness and unemployment is a subset of these people will become angry about their situation and correctly blame others, becoming or supporting subversive elements in society through a desire for ANY change, because their situation will be so bad.

That’s the difference between what we’ve got now, those dystopian societies, and Basic Income.

1) Super-Dystopian Society: Food Banks, if you’re lucky, hunted by corpo-AIs, death squads, rampant crime, etc. Persons in this society have only violence as a tool to inflict change or try and better themselves, because all civil economic and political opportunities are restricted.2) What […]

Unite support’s a Citizens Basic Income!

Unite support's a Citizens Basic Income!

President, Tameside TUC, (in a personal capacity). IN this country and abroad, we are seeing a growing interest in the idea of a guaranteed universal unconditional basic income scheme for all citizens. What seems to be driving such initiatives, is the realisation that the world of work is becoming more precarious with jobs under threat from technology and automation. The Bank of England now estimates that as many as 15 million jobs are under threat from technology and a third of jobs in the retail sector, are predicted to disappear by 2025, due to such things as online shopping.

Another […]