Category: Basic Income

Professor Guy Standing Professor Guy Standing Wikimedia Commons In 2011 Guy Standing, then an economist at the University of Bath, prefaced his new book with a warning.

He described a growing class of "precariat" workers, alienated by a western political agenda which had, since the 1970s, promoted market-led competition above job security. Real wages across the west had stalled for decades and "flexible" work was becoming the norm, leaving many millions around the world "without an anchor of stability."

This precariat, he said, "are prone to listen to ugly voices, and to use their votes and money to give those voices […]

Full Post at nordic.businessinsider.com

Juha Järvinen with three of his six children. Juha Järvinen, from the western Finnish city of Kurikka, felt like a lucky man in late 2016, when he learned he was one of the 2,000 unemployed selected to take part in a nationwide basic income experiment.

“When I saw the letter from Kela in the mailbox, I was like ’Yes!’”, he says.

Finland’s basic income trial is being run by the state-owned benefits administrator Kela. The 2,000 participants were selected from the ranks of existing labour market subsidy and unemployment benefit recipients. According to Statistics Finland’s Labour Force Survey, there were 213,000 […]

Full Post at yle.fi

Debate is brewing here on whether South Korea should introduce a universal basic income for its citizens.

The world’s first national trial of the idea, which began in Finland on Jan. 1, has boosted the discussion, which is expected to heat up in the lead-up to the presidential election this year to choose a successor to impeached President Park Geun-hye. Some liberal-minded potential presidential candidates have shown support for the basic income scheme.

Seongnam Mayor Lee Jae-myung, whose approval rating has risen sharply over the past months on the back of popularity with young voters, has called for an increase in […]

Full Post at south-korea.timesofnews.com

We are coming to the point where society is presented with the means of giving all people the needs and even benefits for existing in their country. Some countries are experimenting with different styles of providing this. I may not be familiar with terms already established for these ideas so I will just describe it where I do not have the term.

The first idea is a socialistic means of providing government programs. You have things like fire and rescue, schools, road maintenance, and other items provided for everyone’s use that are funded by tax revenue paid for […]

Full Post at wordforge.net

Debate is brewing here on whether South Korea should introduce a universal basic income for its citizens.

The world’s first national trial of the idea, which began in Finland on Jan. 1, has boosted the discussion, which is expected to heat up in the lead-up to the presidential election this year to choose a successor to impeached President Park Geun-hye. Some liberal-minded potential presidential candidates have shown support for the basic income scheme.

Seongnam Mayor Lee Jae-myung, whose approval rating has risen sharply over the past months on the back of popularity with young voters, has called for an increase in […]

Full Post at www.koreaherald.com

The Finnish basic income experiment is being conducted among 2,000 persons between ages 25 and 58, who will receive a monthly basic income of €560 for two years. They will receive their first basic income payments from Kela today.

Those participating in the experiment will be paid a basic income from 1 January 2017 until 31 December 2018. The payments are made on the second business day of each month, with the exception of January 2017, when the payment date is 9 January 2017.

The amount of the basic income will remain the same throughout the experiment. The basic income […]

Full Post at www.kela.fi