Category: Basic Income

(Credit: Reuters/Lucas Jackson/shutterstock/Salon) When Donald Trump moves into the White House later this month, there will be great expectations resting on his ability to make good on one of the central planks of his campaign: Restoring America’s industrial glory days and “bringing back” jobs. In areas that have been hit particularly hard by deindustrialization, like the Rust Belt — which ultimately gave the election to Trump — working-class swing voters will be anxiously waiting for the president to “make America great again,” which to them means bringing back decent paying jobs along with some stability.

Unfortunately for America’s struggling working […]

Full Post at www.salon.com

What does the future hold for average people?

Feudalism.

And they’ll welcome it with open arms, convinced that they are embracing a smart, fair system that eliminates poverty. The greed, entitlement, and lack of ambition that seems inherent in many people today will have them slipping on the yoke of servitude willingly.Here’s what I mean.Have you ever been around people who say things like, “I can’t afford it, but I deserve it…” “Having [fill in the blank with a material object] is a basic right…” “Losing that right is okay with me because it’s for the greater good.” But the thing […]

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What does the future hold for average people?

Feudalism.And they’ll welcome it with open arms, convinced that they are embracing a smart, fair system that eliminates poverty. The greed, entitlement, and lack of ambition that seems inherent in many people today will have them slipping on the yoke of servitude willingly.Here’s what I mean.Have you ever been around people who say things like,“I can’t afford it, but I deserve it…”“Having [fill in the blank with a material object] is a basic right…”“Losing that right is okay with me because it’s for the greater good.”But […]

Full Post at newzsentinel.com

Some Smiths Falls Councilors dug in their heels on their positions concerning a basic income pilot project after a presentation by the Health Unit on the subject last night.

The meeting also saw members of the public break protocol to get their message across.

The subject of a basic income pilot project being pursued by council heated up in discussions around the town and on Facebook pages when Council voted against pursuing the project for the town.The move came after it was discovered that Mayor Shawn Pankow had sent a letter to the province asking they consider Smiths Falls for the […]

Full Post at lake88.ca

Photo by zeevveez | CC BY 2.0 The apparently simple idea of an unconditional universal Basic Income has gotten very complicated. The more mainstream the idea becomes, the more embrangled it is, although at least something has become clear. One of the main causes of the muddle is that, apart from enemies, it has supporters on both left and right. This is recognized even in the December 2016 report from the Executive Office of the President titled “Artificial Intelligence, Automation, and the Economy” which, expressing its opposition to Universal Basic Income (UBI)—as it is also known—states, “While the exact […]

Full Post at www.counterpunch.org

Image credit: REUTERS/Danish Siddiqui Over the last week, newspapers have reported that the Prime Minister Narendra Modi-led government could lay the foundations for a universal basic income in India this year. As early as October 2016, Chief Economic Advisor Arvind Subramanian confirmed that the idea of offering a regular payment from the state to all citizens regardless of their employment status would make its way to the Economic Survey, which is tabled in Parliament ahead of the Budget.

“You are really on the ball here,” Subramanian said when asked about a basic income in September at a conference in Odisha. […]

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