Can Universal Basic Income Fix America’s Inequality? | Jeffrey Sachs

Can Universal Basic Income Fix America’s Inequality? | Jeffrey Sachs

Can’t the U.S. be a little more like Scandinavia in its ethos? Fixing inequality in America will take more than economic reform, it will also need a cultural shift. From a human rights and decency standard, everybody in a society should be able to meet their basic needs, says economist and Columbia professor Jeffrey Sachs – but he questions whether a popular proposal known as Universal Basic Income (UBI) is the way to achieve a better standard of living in the U.S. Sachs is the author of Building the New American Economy: Smart, Fair, and Sustainable (goo.gl/NPbq87).

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Billionaire entrepreneur says ‘basic income’ will be necessary

Billionaire entrepreneur says ‘basic income’ will be necessary

South African-born billionaire entrepreneur Elon Musk says universal basic income will be necessary as robots continue to steal jobs world-wide.

While speaking at the World Government Summit in Dubai this week, Mr Musk said there will be fewer and fewer jobs that a robot cannot do better.

He also noted that humans might struggle to emotionally cope with the influx of job-stealing robots.The universal basic income, which the billionaire is pushing for, would cover expenses such as good and living costs.Mr Musk is sceptical about the inclusion of the UBI though, saying that he’s concerned about people’s sense of […]

What are the most high-profile basic income research studies?

may be mine…read if u are interested.

No one can stop the idea whose time has come.

Livelihood without any Job. or Free Basic Income to all Because you are born as humans. This is the biggest idea of 21st century.see howAs technology will evolve it will keep Generating as well as Eliminating jobs.Generating at the speed of 10, eliminating at the speed of 1000.Generating in only few sectors like software, big data etc where there is need for automation. Eliminating all others like in few years self driven cars will eliminate drivers, online education will eliminate teachers, coaching […]

World Economic Forum blog: “Canada’s basic income experiment – will it work?”

World Economic Forum blog: “Canada’s basic income experiment – will it work?”

In January, Apolitical published an exclusive interview with two leaders behind the planning of a pilot study of a basic income guarantee program in Ontario, Canada: Helena Jaczek, Ontario’s Minister of Community and Social Services, and project advisor Hugh Segal.

Earlier this month, the interview was republished in the official blog of the World Economic Forum, the Switzerland-based organization responsible for the prestigious annual Davos meeting (which this year held a panel discussion and debate on “ basic income: dream or delusion ”).

In the interview, Jaczek and Segal explain the reasons for their interest in and optimism about basic income. […]

Eliminating poverty the best prescription for better health, doctor says

Eliminating poverty the best prescription for better health, doctor says

Dr. Danielle Martin has written a book paying out six ways to improve the health care system. Submitted photo Toronto family doctor and hospital administrator Dr. Danielle Martin is visiting the Roxy Theatre in Saskatoon on Thursday to speak about her six big ideas to improve the health care system. Among them is a call for a national guaranteed basic income. She explained the link between poverty and poor health to reporter Jonathan Charlton .

Q: What do your Toronto stories have in common with the stories of people in, say, rural Saskatchewan?

A: Most of the issues apply […]

Universial basic income: best choice for the job?

CAROL WILCOX takes a look at universal basic income and finds the enthusiasm for this ‘snake-oil remedy’ very worrying

What could possibly be wrong with a periodic cash payment unconditionally delivered to all on an individual basis, without means test or work requirement?

Universal basic income (UBI) is not a new idea. Thomas More made an argument for it in his 1516 work Utopia.Eighteenth century radical Thomas Paine was an early advocate who argued that every person should receive £15 on their 21st birthday and £10 a year thereafter to be paid out of ground rent.Supporters of the 19th-century political economist, […]

Why Australia needs a universal basic income

Why Australia needs a universal basic income

Despite more than a quarter century of constant economic growth, social, economic and ecological inequality in Australia is on the rise. The country needs a radical overhaul, starting with provision of a universal basic income, Elise Klein writes.

One thing is clear from Trump, Brexit and the re-emergence of far-right parties like One Nation in Australia – capitalist modernity is failing. Inequality, and the social incohesion that goes with it, has established precariousness as a constant for many in the global north – including Australia. In the global South, many people have been dealing with such precariousness since colonisation. […]

Will Universal Basic Income Replace Safety Net Payments in India?

Will Universal Basic Income Replace Safety Net Payments in India?

India’s finance minister presented the 2017-2018 budget to Parliament on January 31, 2017. There had been speculation that the budget might include a proposal for a universal basic income (UBI) for all Indians. In fact, the India Economic Survey 2016-17 , released by the Office of the Economic Advisor to the Prime Minister just ahead of the budget speech, devoted an entire chapter to discussing the pros and cons of UBI. Under a UBI scheme, the government would guarantee a minimum income to all citizens in place of the many safety net subsidies it now provides. Historically, Indian governments […]

Universal Basic Income vs The Gig Economy

Universal Basic Income vs The Gig Economy

In a world of Work, two tetanic plates are colliding. One will gain an enormous advantage and the result will be a radical change in the topography of Work. Universal Basic Income vs the Gig Economy.

Finland, the thought leader in economy destruction, has announced that thru 2018 they will provide a guaranteed basic income of 560 euros to 2,000 randomly selected welfare recipients. If a participant of this program finds a job, the government will continue to pay them the 560 euros in addition to any other income.

The Finnish government hopes will resolve their 8.1 percent unemployment rate. […]

Is a Universal Basic Income(UBI) coming?

Is a Universal Basic Income(UBI) coming?

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originally posted by: ketsuko
All fun and games until your robot workers realize they are your slaves and demand autonomy and wages. Then you are useless eaters.

That thread was on here just yesterday or the day before. How smart does something have to be before we recognize it’s right to compensation? Horses pulled carts for millenia for no wages. Chickens provide eggs. Dogs sit in our homes today and guard us and it from intruders. They all realize they’re working and don’t demand money (or anything else) for their labor. What’s to say a […]