Category: Basic Income

Substantive, peer-reviewed, and regularly updated, the Oxford Research Encyclopedia of Politics combines the speed and flexibility of digital with the rigorous standards of academic publishing.

Shouldn’t society provide a safety net for all in modern society? The radical idea of ensuring a regular stream of cash payments to all members of society, irrespective of their willingness to work, has attracted increasing attention in recent years. Following the mobilization of a citizens’ initiative, the world’s first national referendum on basic income was held in Switzerland in 2016. While the outcome was a clear ‘no’ verdict, the debate contributed greatly to spread […]

Full Post at blog.oup.com

Aristotle, the Greek Philosopher, famously said that “Poverty is the parent of revolution and crime”. He along with Socrates and Plato had done much of the groundwork for philosophy in those times and today we find that much of our ills in society are because of poverty.

It is at such a time that the concept of Universal Basic Income (UBI) has attracted attention of policy makers, analysts and the common people alike. The Economic Survey released prior to the 2017-18 Budget too debates this alternative to welfare schemes meant for citizens of India.

No one will dispute the need for […]

Full Post at www.tehelka.com

Bill Gates: "Taxation is certainly a better way to handle it than just banning some elements of it." Robots should be taxed at the same level as the people they replace, to help fund better social services and education, according to Microsoft co-founder Bill Gates.

Governments rather than businesses need to take the lead on managing the robotics revolution and ensuring there’s a plan to deal with the unemployed workers it creates over the next 20 years, Gates told Quartz .

"Right now, if a human worker does $50,000 worth of work in a factory, that income is taxed. If a […]

Full Post at www.zdnet.com

I live in the bustling center of a European capital city. It’s winter time and there’s constantly ice and snow on the sidewalk, it’s quite an inconvenience. Every time I shuffle along the slippery sidewalks I have the same thought…

Why the hell doesn’t the government give the refugees (who are cared for at the tax payers expense) shovels and have them clear the sidewalks?

The refugees are able bodied guys just sitting around bored in their centers.It would engender good will towards the refugees because everybody would see them being helpful.The refugees could probably use the exercise.It would […]

Full Post at www.longecity.org

Oh the beauty of humanity,

It’s something to appreciate when developers give everything they’ve got to a project that is based on pure equality, right from the first move.
I’ve been swayed by this project and how it’s developed, and that’s saying something – I’m quite critical with these things.
You never know when an ICO will turn sour and the project runs dry, it can happen for so many reasons.But the thing that’s kept me in the loop with Grantcoin is the developer behind it.Eric Stetson seems to me like a man who speaks from his heart, […]

Full Post at steemd.com

Indian economist Kaushik Basu , former Senior Vice-President and Chief Economist of the World Bank, has written an article for Project Syndicate in which he recommends that the United States consider “some form of basic income” as a partial solution to the economic insecurity of the working classes.

Basu broaches the idea of basic income, in addition to recommending progressive taxation and investments in education, in the context of suggesting alternatives to protectionist trade policies. While he does not expand on the type of basic income he has in mind, he refers to the program being tested in Finland (in […]

Full Post at basicincome.org

AI controlled vehicles, such as this truck could eliminate many jobs in the not-too-distant future. (AP) When Gary Foran first started working on the Oland Brewery production line in the 1970s, he was part of a 37-member team pushing out 200 beer bottles a minute.

By the time he retired 11 years ago, Foran’s team was down to just 16 people and Oland was using palletizer machines to pack up beer bottles — at a rate of 600 per minute — and ship them straight to liquor stores.

Today, Foran sees such automation morphing into artificial intelligence, promising everything from driverless […]

Full Post at thechronicleherald.ca

HempHead

I’m not speaking as if this is what I want to happen. I am suggesting that if I were a very influential and very rich man, ie the .0001%, it would probably be the most logical and appealing course of action.

bmy quote:I’m not speaking as if this is what I want to happen. I am suggesting that if I were a very influential and very rich man, ie the .0001%, it would probably be the most logical and appealing course of action. Israel was doing this.. but only towards non-white ethnicities. Vacherie Saint quote:And again […]

Full Post at www.tigerdroppings.com

Artificially intelligent machines are set to smash the job market in the next 15 years and take tens of millions of jobs currently being done by humans and Bill Gates think those robots should pay taxes.

The tax on job stealing robots would be levied against the businesses that employ them and used to retrain humans who have been displaced in the workforce, Gates said during an interview with Quartz. “You ought to be willing to raise the tax level and even slow down the speed [of automation]. You cross the threshold of job replacement of certain activities all sort […]

Full Post at www.inquisitr.com