Category: Basic Income

A “basic income” is a general income unconditionally granted to all, without any means test or requirement to work. It is an individual entitlement with no strings attached.

In GUS there will be means test and requirement to work as broadly defined if required subject to different environment. The time to waste on productivity or feeding the lazy arguments can be countered with a meritocracy policies to convince the mass public. There is no country in the world that is 100% without laws, regulations or policies. Any sane man want to argue that its an infringement of 100% freedom and […]

Full Post at steemd.com

A “basic income” is a general income unconditionally granted to all, without any means test or requirement to work. It is an individual entitlement with no strings attached.

In GUS there will be means test and requirement to work as broadly defined if required subject to different environment. The time to waste on productivity or feeding the lazy arguments can be countered with a meritocracy policies to convince the mass public. There is no country in the world that is 100% without laws, regulations or policies. Any sane man want to argue that its an infringement of 100% freedom and […]

Full Post at steemit.com

The Indian Government could soon be following in Finland’s footstep for guaranteed basic income. According to reports on Business Insider and Bangalore Mirror , Government of India will be soon discussing a proposal of depositing a small monthly salary in their citizen’s bank account.

The idea is globally known as ‘Guaranteed Basic Income’, wherein the government or a public institution gives some amount of money to its residents, as a form of social security. The money is provided to a country’s citizen irrespective of his/her income level and employment status.

According to Professor Guy Standing, Arun Jaitley, the Finance Minister of […]

Full Post at www.patilpost.com

Basic income is an idea to provide residents of a country with regular unconditional fixed amount of money. This can either be from the government or some other public institution, in addition to income received from other sources.

The concept of Universal Basic Income (UBI) is not a new one. Economists have debated it since 1797 when Thomas Paine proposed the idea. Since then, it has been experimented with in varying degrees by many regions and states in Scotland, Canada, Kenya, Uganda, and India. But never on a national level.

Finland began the first national UBI program on 1 January 2017. […]

Full Post at thelogicalindian.com

What if people were paid just for being alive?

It may sound like some radical utopian ideal, but that’s the essential proposal at the heart of a growing movement now drawing mainstream support from a diverse array of economists, policy wonks and Silicon Valley thinkers: Universal basic income.

The idea is appealingly simple: In such a system, a government would guarantee each of its citizens a yearly stipend of enough money to cover a basic standard of living, no strings attached.SEE ALSO: Will universal basic income mean you can quit your job?The… Related Posts Prosecco tops champagne as New Year tipple: […]

Full Post at globalheadlines.ddns.net

The world is becoming increasingly automated. Jobs that were once done by people are now frequently done by machines instead. This started off in manufacturing, but the coming of self-driving cars will put huge numbers of people out of work ; even lawyers are being replaced by machines . Some reports suggest that machines could do 50% of jobs within the next 30 years . Fifty percent ! What will we do when half the population have been made redundant? How will we cope with such a restructuring of society? To an economist, a job is an income. To […]

Full Post at blog.activelylazy.co.uk

Indian government to endorse universal basic income ‘as way forward’, says leading UBI advocate

India’s Chief Economic Advisor has already confirmed country’s annual financial report will discuss free money . India is a rising economy but a substantial proportion of the population remains in poverty Getty ( Independent ) — India is going to endorse a Universal Basic Income (UBI), according to a leading advocate of the system.

The world’s largest democracy will release a report in January stating that UBI is “basically the way forward,” according to Professor Guy Standing, who has worked on universal income pilot projects in […]

Full Post at www.ayyaantuu.net

A Universal Basic Income (UBI) will not fix everything— it’s not supposed to —it’s a start for some people and a boon for everyone. But don’t let the prospect of a little free money stop us from pursuing more progressive regulations and reforms.

UBI is meant to provide a floor —a standard—which no one can fall beneath. But giving people unconditional free money shouldn’t be the end of the conversation, says Ben Spies-Butcher, a Senior Lecturer and Director of the Masters of Policy and Applied Social Research in the Sociology Department at Macquarie University.

In his essay “ Not Just a […]

Full Post at bigthink.com

What if people were paid just for being alive?

It may sound like some radical utopian ideal, but that’s the essential proposal at the heart of a growing movement now drawing mainstream support from a diverse array of economists, policy wonks and Silicon Valley thinkers: Universal basic income.

The idea is appealingly simple: In such a system, a government would guarantee each of its citizens a yearly stipend of enough money to cover a basic standard of living, no strings attached.The concept, in its most elemental form, has been bouncing around circles of academics, activists and policy theorists for decades with […]

Full Post at globalnews.me