Category: Basic Income

In the eight months since engineer John Crews’ book on the robot future hit shelves, the global political climate has changed so drastically that Robonomics now reads like an outsider political treatise. The survey of the fourth industrial revolution explores a heavily automated future in which governments supply citizens with basic income and concerns about job loss are couched in broader conversations about ending scarcity and the socio-economic problems it presents. It’s a coherent vision of progress, but one that does jibe with the results of the US presidential election or the Brexit vote, both of which galvanized a […]

Full Post at www.inverse.com

Universal basic income (UBI) is either a miracle cure for ailing capitalist economies or a dead end for a doomed, under-employed underclass . Nobody really knows which is true because UBI has never been fully studied . Now, one of the most ambitious efforts so far is about to spend millions to find out.

As populist uprisings sweep the Western world bringing authoritarian leaders to power, people across the political spectrum are taking a hard look at UBI. Partially tested in various places in the 1960s and 1970s—including areas of the US, Canada, and India—UBI gives everyone a guaranteed minimum […]

Full Post at epeak.in

Written By: Pierre Madden

I am convinced that Basic Income will be implemented in the next decade. By its definition, BI is universal, individual and unconditional. However, none of these features will be a part of BI as it first materializes.

A universal demogrant is just too expensive to contemplate, except in Alaska where oil revenue is distributed to every man, woman and child. Giving the same amount to everybody only to claw it back in taxes from most, while philosophically pure, flies in the face of common sense. That is why all serious proposals are structured as a negative […]

Full Post at basicincome.org

Brad Pitt‘s request for an emergency hearing to have all his and Angelina Jolie divorce documents sealed has been denied, PEOPLE has confirmed. A judge ruled on Wednesday that the filing did not meet the requirements for sealing details at this time. Both Pitt and Jolie’s attorneys were present in court for the decision. Laura Wasser, Jolie’s attorney, says the actress does not oppose sealing documents to prevent details from becoming public, but that Pitt’s team didn’t consult with them before their hearing, which is why she opposed it at this time. While the two sides continue to hash […]

Full Post at ca.pressfrom.com

The four political party leaders in PEI unanimously supported the decision to establish a program that would guarantee all citizens a basic income.

A UBI could potentially decrease poverty, improve health, reduce crime, and raise education levels at a time when increased job loss is imminent due to advances in technology.

UBI for PEI The government of Prince Edward Island (PEI) has taken a major step forward toward the implementation of a universal basic income (UBI) for citizens of the small Canadian province as state legislature has approved the proposed initiative .The four political party leaders in PEI […]

Full Post at futurism.com

UBI for PEI

The government of Prince Edward Island (PEI) has taken a major step forward toward the implementation of a universal basic income (UBI) for citizens of the small Canadian province as state legislature has approved the proposed initiative .

The four political party leaders in PEI unanimously supported the decision to work with the country’s government to establish a hopefully successful pilot program that could lower poverty, improve health, reduce crime, and raise education levels. Successfully passing the legislation is just the beginning, however. They now have to bring the system to reality and successfully implement it.Despite […]

Full Post at mukeshbalani.wordpress.com

Campaigners for a Universal Basic Income or Citizen’s Basic Income are calling for the state to give everyone, including rich and poor, earners and non-earners, adults and children, a uniform sum of money each week. It is a simple idea that has wide appeal, not least to those concerned about the impact of automation on jobs and the misery caused to people who must prove their incapacity to work to qualify for income support.

Like most ‘silver bullet’ solutions, its apparent simplicity belies its many contradictions and dangers. Here are some reasons why it is not a good idea.

1. […]

Full Post at theqstn.com

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Here’s a startling prediction: if current labor trends continue, one out of three American men, ages 25-54, will be out of work by mid-century.That’s what former U.S. Treasury Secretary Lawrence Summers expects. “Job destruction caused by technology is not a futuristic concern,” Summers wrote this fall. “It is something we have been living with for two generations.”Contract jobs, gig work and robots have all made work more precarious. Silicon Valley pioneered many of the changes, and now some tech entrepreneurs believe they have a solution to the economic anxiety they’ve helped create.Put bluntly, it’s free […]

Full Post at www.marketplace.org

The four political party leaders in PEI unanimously supported the decision to establish a program that would guarantee all citizens a basic income.

A UBI could potentially decrease poverty, improve health, reduce crime, and raise education levels at a time when increased job loss is imminent due to advances in technology.

UBI for PEI The government of Prince Edward Island (PEI) has taken a major step forward toward the implementation of a universal basic income (UBI) for citizens of the small Canadian province as state legislature has approved the proposed initiative .The four political party leaders in PEI […]

Full Post at talfeed.com