Category: Basic Income

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A village in Kenya will become the testing ground for a huge social experiment: giving money directly and unconditionally to those living in poverty.

The experiment led by the charity “GiveDirectly” aims to dispel the claim by some that poor people can’t be trusted with money – as traditionally aid is given in the form of items such as mosquito nets, school supplies, food etc.

The project will provide a universal basic income set at the Kenyan poverty line to dozens of impoverished villages – totalling more than 6,000 people – for 12 years. Thousands more will also receive short-term aid, […]

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UBI is a substantial improvement on the earlier concept of a negative income-tax. (PTI) Is the country ready to provide a universal basic income (UBI) to all its citizens? While the government is yet make its mind on this issue; it feels this is an idea whose time has come and needs to be widely debated.

UBI is a substantial improvement on the earlier concept of a negative income-tax (NIT). The latter is envisaged to take effect when a citizen’s income falls below the exemption limit. The state then steps in, and instead of taxing her income supplements it. Both […]

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A debate has arisen about the definition of basic income and the facts that support the movement. To contribute my input to the debate, I feel the need to respond, line by line, to Francine Mestrum’s latest article published on Social Europe.

It starts right at the top, with Mestrum equating basic income, professed in the Basic Income Earth Network (BIEN) Newsletter articles, with guaranteed minimum income. To justify this approach, she mentions the fact that no basic income has ever been implemented, and that the pilots concerned transferred cash only to poor people. Although her view is understandable, she […]

Full Post at basicincome.org

Benoît Hamon, French presidential candidate for the Socialist Party, was the subject of France 2’s political programme, l’Émission politique, on March 9. He here offered a revised version of his much discussed basic income proposal, which has been seen by many as backpedalling on earlier, more ambitious plans.

Previously covered by Basic Income News here and here , the prior iterations of Hamon’s proposal involved the gradual introduction of basic income in steps. The first would provide a basic income without means testing for those between the ages of 18 and 25 (who are currently excluded from un- and underemployment […]

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The islands of Haida Gwai (formerly known as the Queen Charlottes) might make a good place to test carbon fee-and-dividend. Your editor recently had the opportunity to watch the movie “ Haida Gwai: On the Edge of the World. ” It left me impressed me with the efforts by the islands’ residents to connect with Nature and with their history.

Watching the movie also gave me an idea.

As some readers are aware, over the past few years I have been interested in a proposal to help control human-caused climate change called carbon fee-and-dividend .In 2015 my friend Jean Nelson and […]

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Philosophically, I don’t think fiat currency with no intrinsic value could ever repay for the theft of planetary access and its resources with intrinsic value.

However, I’d support it as an experiment toward some kind of compensation for the theft of capitalism. I think we should make capitalists pay in whatever ways we can, and fiat currency, while intrinsically worthless, which could could collapse at any moment, is something.

To be honest, people making predictions as to exactly how it would affect labor relations after being implemented, I don’t think anyone knows. That’s why I think experimentation is superior to rigid […]

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Funding the basic income is a perennial challenge and objection against the idea. Andy Stern, in his book Raising the Floor, estimated that a $1,000 per month basic income in the US would require $2-2.5 trillion. That’s a big number. He proposes many ways of doing it by adjusting taxes, allocation of existing funds, and so on. Here is a better way.

One reason we will need basic income at this time in history is that robots are about to take over production of most goods and services. Delivery robots, manufacturing robots, driverless cars and trucks, and on down the […]

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