Category: Basic Income

While it is virtually impossible to argue with the fact that the advancement of technology has increased comfort, efficiency and lower production costs in the business world, it must be acknowledged that this new automated form of production has come at an immensely hefty price. As more and more businesses are automating much of the process, it has led to the need to cut human labor, leaving many individuals out of work. This means that we can reasonably expect that as technology continues to grow and improve that the economic impact on individuals will also intensify.

One would be hard-pressed […]

Full Post at moneyinc.com

Wednesday, 28 December 2016 Finland is to introduce a basic income for some citizens from next month, becoming the first country to adopt the policy.

Two thousand unemployed people will be given €560 ($600) every month for two years, without any restrictions or conditions attached. Leaders hope the move will improve life quality, reduce unemployment and create jobs.

Recipients will not need to prove they are looking for work and the money will be given regardless of any other income the person earns. The Finnish government is planning to study whether the policy helps recipients find […]

Full Post at macedoniaonline.eu

It was interesting to see Josh Barro let the election of Donald Trump help him make up his mind against universal basic income. In my case, even the prospect of a Trump presidency was making it clear to me how important the UBI is as a policy. So I thought I’d quickly jot down some reactions to Barro’s piece.

First, like Barro, I think the strength of the UBI is the way it unites Left and Right. It "has become subject of fascination for policy wonks across the ideological spectrum because of the goals it intends to serve: decoupling subsistence […]

Full Post at secondlanguage.blogspot.com

Starting in January, 2,000 unemployed people in Finland will begin receiving 560 euros ($585) every month from the state with no strings attached.

The new scheme, which will make Finland the first country in the world to test a universal basic income at the national level, will be managed by Finland’s Social Insurance Institution, known as Kela.

"We think that this could be a big incentive for people to take on at least part-time work," said Marjukka Turunen, head of Kela’s legal affairs unit. Better off in work Recipients will not pay tax on the basic income, even if they find […]

Full Post at news.ge

Erik Olin Wright – UNESCO
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What should we do when robots take most jobs? (It will happen sooner than think.) Robert Reich explains why a universal basic income may be the answer. ( Inequality Media )

As a hectic year is coming to an end, one concept, the universal basic income (UBI), is spreading and becoming front and center in the public discussion. What if this idea, suggesting a flat income given to every citizen regardless of employment or social status, was part of the solution to today’s inequalities?The idea of an unconditional basic income (UBI) […]

Full Post at pvangels.com

Starting in January, 2,000 unemployed people in Finland will begin receiving 560 euros every month from the state with no strings attached. The new scheme, which will make Finland the first country in the world to test a universal basic income at the national level, will be managed by Finland’s Social Insurance Institution, known as Kela. “We think that this could be a big incentive for people to take on at least part-time work,” said Marjukka Turunen, head of Kela’s legal affairs unit. Better off in work Recipients will not pay tax on the basic income, even if they […]

Full Post at christiannewstoday.com

A group of 2,000 unemployed people in Finland will receive a basic income every month from the state, tax-free and with no strings attached. Proponents hope to prove such schemes boost people’s motivation to find work. Starting in January, 2,000 unemployed people in Finland will begin receiving 560 euros ($585) every month from the state with no strings attached.

The new scheme, which will make Finland the first country in the world to test a universal basic income at the national level, will be managed by Finland’s Social Insurance Institution, known as Kela.

"We think that this could be a big […]

Full Post at www.dw.com

Over the fall, I have been running a series on my website exploring the concept of basic income. The posts have received significant public feedback, suggesting to me there is broad interest in further exploring this idea, and how we could use it as a tool to help us tackle some of the problems we are facing in B.C.

There are many different models of basic income, but at its core it’s a payment that individuals receive from their government, which does not depend on fulfilling specific criteria, such as meeting job search or monitoring requirements.

There are a number of […]

Full Post at www.peninsulanewsreview.com

Finally someone comes out and says it. Work provides a sense of purpose to people that a welfare check by any other name cannot. It occupies one’s time in a way that keeps people from resorting to other desperate means of "validation." The monkeys chimping out in Chicago every time some crackhead gets disposed of by a law officer moonlighting as sanitation engineer are all on welfare. The moribund, aposematic campus feminists having PMS sperg fits about microaggressions are on de facto welfare (college assistance), and will be subsisting on the public dole once they graduate with their worthless, […]

Full Post at voat.co