Category: Basic Income

Alright, errands and obligations are done, time to descend into these figures.

In general, the obvious approach would seem to be to stretch out the benefit out to the top 20% up from the top 40%; which sounds worse than it is, given that the benefit will have declined to a tiny amount by then, and what little they get will be further reduced by their higher tax rate, so per the prior numbers: (4180*2+12060*1.53)/50 = 536.236 loss per % of income increase, or 48.71% benefit loss per increment in % assuming a linear rate of income increase.
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Full Post at www.debatepolitics.com

In this episode of the Life in 2030 podcast, we explore the tools governments will use to support the hordes of unemployed workers that technology will make obsolete. In particular, we explore the growing support among government and Silicon Valley leaders for the Universal Basic Income.

SPECIAL GUESTS

*Jim Pugh, Cofounder of the Universal Income Project, an organization devoted to the expansion of economic security and human dignity through the implementation of a universal income in America. Learn more about their work here: http://www.universalincome.org/ *Jenna van Draanen, Executive Board Member for the Basic Income Canada Network. Learn more about […]

Full Post at quantumrun.libsyn.com

I appreciate André Coelho’s recent response to Francine Mestrum’s article “ The Alternative Facts Of The Basic Income Movement “, especially his clarification of the role of Basic Income News . However, I believe that Coelho’s reply fails to give due attention to what struck me as Mestrum’s main contention: that organizations like BIEN should not use the term ‘basic income’ to refer generally to guaranteed minimum income programs (which are typically means-tested rather than universal).

We must make no mistake here: the terminology is confusing. Although BIEN has adopted one specific definition of ‘basic income’, this definition is not […]

Full Post at basicincome.org

Economic Survey makes a spirited pitch for a universal basic income. (PTI) India is one of the most unequal countries in the world. In terms of Gini coefficient, i.e., measure of income inequity, India ranks a dismal 135 out of 187 countries. This means that most of the prosperity that an increasingly economically liberalised India is seeing, belongs primarily to the top-income percentiles. One in every five Indians lives on less than $2 a day. When India grows by 7%, one slice of the population sees double digit growth, while a big chunk of the populace may be facing […]

Full Post at www.financialexpress.com

In the 20 th century, right up to the time of the Hawke Government, Labor policy was guided by the idea of the “social wage”, before it drifted away from its own established principles. Greens leader Richard Di Natale has reminded Labor and the Australian community that the social wage is still appropriate for our times, writes Ian McAuley.

Occasionally a politician, when given a pulpit, rises above the distractions of the immediate and the temptation to score points against political opponents.

Greens leader Richard Di Natale used his National Press Club Speech last week to raise questions about our fundamental […]

Full Post at newmatilda.com

There’s more to Gareth Morgan than cat-shaming. He has economic policies, too. When I say "Gareth Morgan", you say …

"Cats." Of course you say cats.

That’s what he gets for proposing an eradication mission against the country’s most loved pets.He has since suffered a credibility issue because if we can’t trust him with our pets, how can we trust him with beneficiaries?Yet he’s actually worth listening to, especially in an election year void of good ideas for the country’s future.Even though Gareth Morgan claims his recently-launched The Opportunities Party is aiming for the 5 per cent of the vote it […]

Full Post at www.nzherald.co.nz

>> >>117273546 (OP)

UBI is predicated on the false and cancerous belief that all life is sacred/precious, and that the highest moral imperative is to sustain and save human life.

But that’s simply false. If you can’t produce any value, then you won’t receive any value. And if robots put 2/3 of the developed world permanently out of work, then that 2/3 must either create a subsistence/barter economy or starve to death.Where was UBI to fill in the gaps created by the industrial revolution? Where was UBI to feed all the people in the third world who couldn’t compete with […]

Full Post at boards.4chan.org

Image by Howard Lake via Flickr by Graham Peebles
Writer, Dandelion Salad
London, England
March 17, 2017
Poverty blights the lives of billions of people throughout the world: in developing countries, where it is acute, and industrialised nations, where it’s hidden but growing. It rises out of social injustice, makes exploitation and abuse inevitable, brings death and disease, robs people of opportunity and dignity, feeds anger and resentment.Much like the rubbish that litters the streets of our cities, the poor, destitute and hungry are swept out of sight. Their existence is an embarrassment to politicians and sits uncomfortably […]

Full Post at dandelionsalad.wordpress.com

By David R. Wheeler, Editor

Universal basic income advocate Scott Santens is one of the few people on earth who have crowdfunded a monthly basic income. That means people from around the world pay him — just for being himself. Why would they do such a thing? They want to illustrate the benefits to a society of giving everyone a monthly stipend they can live on. Studies show that about half of our existing jobs could be automated in the next few decades. But unlike in the past, we may not be able to replace the eliminated jobs with other […]

Full Post at alivetampabay.com

Automation Boom

Dismissing vague warnings that robots are coming for our jobs is pretty easy. Not so easy? Dismissing hard evidence that they’ve already arrived and are doing those jobs better and more cheaply than we ever could.

Those are the facts the workers of the world faced when news broke earlier this year that a Chinese factory increased its production by 250 percent and dropped its defect rate by 80 percent by replacing 90 percent of its human workforce with automated machines. In fact, the transition to machines has been so successful, the plant may soon cut its remaining […]

Full Post at futurism.com