Category: Basic Income

Paramount is facing a time of major transition right now, and that’s putting it politely. The upcoming merger with Skydance has put the future of several franchise properties up in the air, and there has been major speculation about how this could affect hit IPs like Star Trek.

Now, Paramount is facing a class-action lawsuit from its own former employees, with workers alleging that they were not given the minimum notice of 90 days before they were laid off. Not Given Proper Notice

Paramount workers Right now, Paramount’s former workers are alleging that the company violated New York’s Worker […]

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Among the recipients of the Seoul Metropolitan Government’s core welfare policy "Seoul Dimdol Income," which is in its second year, the proportion of those who no longer need support has increased. The Seoul Metropolitan Government has expressed its plan to expand to the national level as stepping stone income has an advantage in various aspects, including sustainability, over "basic income," which is a key pledge of Democratic Party Chairman Lee Jae-myung.

Seoul Mayor Oh Se-hoon (photo), whose goal is to promote Seoul’s stepping-stone income nationwide, raised the level of criticism over Lee’s basic income, which is a key pledge of […]

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The White Pube Poor Artists, a new book by Zarina Muhammad and Gabrielle de La Puente, explores how the housing crisis, labour precarity and rampant commodification make it more difficult to create art – and how artists manage to do it anyway

Text James Greig

October 72024 Poor Artists – a new book by art critics Gabrielle de La Puente and Zarina Muhammad, published by Penguin this month – is based on extensive research, interviews with 22 people and over a decade’s worth of insider experience, but it’s far from being a one-note polemic. It’s kind of uncategorisable: technically […]

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As South Africa approaches beyond the 2024 elections, one of the most compelling and contentious topics in political discourse is the Universal Basic Income Grant (UBIG). This concept, which proposes providing a regular, unconditional payment to all citizens, has been gaining traction as a potential solution to the country’s persistent issues of poverty and inequality. The idea of UBIG, however, is not without its complexities.

The current social relief system, characterized by programs like the Social Relief of Distress (SRD) grant, provides temporary financial assistance to those in need. However, these grants have faced significant challenges, including insufficient funding, administrative […]

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By responsible, I mean the UBI: Would not add to the national debt

Would not rely on unstable revenue sources, such as income or wealth taxes

Would not reduce labor market participation overall (work incentives and disincentives would balance out across the population and over time) Would not be based on unrealistic scenarios of societal change (e.g, robots or AI replacing most human workers, the rich footing the bill, capitalism gone or much minimized) Would be funded through a dedicated Value-Added-Tax (VAT), which is more stable and less distortive than other taxes Would vary […]

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I have a group of friends that I discuss science/technology and current events with. Recently, we have been bandying about the idea of a basic income. I am admittedly a proponent of Basic Income especially any plan that does not require a means test. Below I have included an email that I sent to my discussion group. My apologies as the line spacing has disappeared.

TL;DR. UBI is a good idea

This is one of my favourite subjects. There are a number of reasons I like the idea of Basic Income in all of the flavours that people have suggested but […]

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elleunchained

1da day ago People always say that if people had basic income they wouldn’t work, yet people who have more money than they could ever spend typically continue to work in some capacity as do their children, even if it’s charity work or something else.

82397451 Of course, they tax the rich in Finland so they can afford it. 7More replies to elleunchained myfancyplants 1da day ago Yup, rich people work, I want to work but can’t. People like doing things, very few are happy doing nothing or even only entertainment things.The real problem is capitalism […]

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AI Will Do Most Jobs ‘Better, Faster, Cheaper’: Silicon Valley Billionaire Vinod Khosla Calls For Universal Basic Income Silicon Valley billionaire and venture capitalist Vinod Khosla has issued a bold prediction: artificial intelligence (AI) will replace most human jobs over the next 25 years.

In a recent blog post, Khosla wrote about the implications of AI and warned that "80% of 80% of all jobs, maybe more, can be done by AI, be it primary care doctors, psychiatrists, sales people, oncologists, farmworkers or assembly line workers, structural engineers, chip designers, you name it."

Don’t Miss: The average American couple has […]

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elleunchained

9h9 hours ago People always say that if people had basic income they wouldn’t work, yet people who have more money than they could ever spend typically continue to work in some capacity as do their children, even if it’s charity work or something else.

43660241What they mean is folks might not be willing to work some of the (degrading, underpaid) jobs they want done.10 myfancyplants 6h6 hours ago Yup, rich people work, I want to work but can’t. People like doing things, very few are happy doing nothing or even only entertainment things.The real problem […]

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