Category: Basic Income

California legislature approves nation’s first state-funded guaranteed income program

California legislature approves nation’s first state-funded guaranteed income program

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California’s state legislature has unanimously passed a bill that approves taxpayer dollars providing guaranteed monthly income with no restrictions for foster children aging out of the system and for pregnant women. It’s the first of its kind in the nation funding at the state level.

The $35 million measure passed 36-0 in the state senate and 64-0 in the state assembly, and is now headed to Democratic Gov. Gavin Newsom’s desk. He is expected to sign it, given that he endorsed the plan in May as […]

The urgent move to implement a basic income grant for unemployed people.

The urgent move to implement a basic income grant for unemployed people.

The topic of the basic income grant remains the most critital for the government this is becouse of the unemployment rate in south africa increasing to 34.4%.

the president mentioned the importance of improving the infrastructure in south africa and aksi be able to attract investors in south africa for more investment and development opportunities.

We have seen the African national congress staff members threatening to be on strike because of unpaid salaries, this shows that the country is challenged in different ways, the country was challenged becouse of covid-19 and also challenged becouse of the unrest that was happening in […]

Call for universal income grant

THE GROWING unemployment in South Africa, especially among young people, has prompted the SACP to support the call by trade unions and other movements for the introduction of a universal basic income grant in the country.

The calls for the income grant mounted after StatsSA announced that the figure of unemployment stood at 34.45%, and that the number is likely to grow following the violent attacks on businesses during unrest in Gauteng and KwaZulu-Natal. Most of the affected businesses were forced to shut down.

The calls for the income grant mounted after StatsSA announced that the figure of unemployment stood at […]

SACP’s Blade Nzimande Says the R350 Social Grant Could be the Foundation of the Basic Income Grant

SACP's Blade Nzimande Says the R350 Social Grant Could be the Foundation of the Basic Income Grant

The South African Communist Party is the latest political organisation in support of a Universal Basic Income grant in South Africa

The party’s secretary-general Blade Nzimande says the grant would help boost the country’s economy

Nzimande further stated that the R350 Social Relief of Distress grant can be used as the starting point for the universal Basic Income Grant PAY ATTENTION: Click “See First” under the “Following” tab to see Briefly News on your News Feed! JOHANNESBURG – Secretary-general of the South African Communist Party Blade Nzimande says the country’s staggering unemployment rate is indicative of […]

How one universal basic income experiment is helping the homeless

How one universal basic income experiment is helping the homeless

More than six years ago, Kevin F. Adler walked the streets of San Francisco’s neighborhood for unusual purposes. He wanted to know about the homeless inhabitants.

Meanwhile, he met a man named Jeffrey who had been missing for 12 years.

After posting on social media, Adler was able to reconnect Jeffrey and his family. His family hasn’t seen him for over 20 years.“I started talking to people on the street, and I heard people say over and over again,” only when I lost my family and friends, when I lost my home I didn’t realize I was homeless, “Adler said.From this […]

Economist Thomas Straubhaar calls for an unconditional basic income

Economist Thomas Straubhaar calls for an unconditional basic income

In his new book, economist Thomas Straubhaar calls for an unconditional basic income. He says: “The Corona crisis has shown that the old system is no longer reliable”.

The Crown crisis has shown that the state alone cannot guarantee security for all; many are financially shaken despite his billions in aid. Which leaves traces. In June, the city’s initiative “Scientific pilot experiment on basic income” was launched in Zurich. 500 people are expected to receive basic income for three years. Economist Thomas Straubhaar calls in his current book “Basic Income Now!” a system change for the whole society.

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With only 27 out of 257 South African municipalities getting a clean audit outcome, service delivery remains a pipe dream

With only 27 out of 257 South African municipalities getting a clean audit outcome, service delivery remains a pipe dream

Almost 20 million South Africans do not have access to safe water and 14 million have no access to basic sanitation. There are roughly 12.5 million people living in informal settlements and a housing backlog of up to 3.7 million houses. Without effective service delivery, the socioeconomic rights listed in the Constitution are a hollow set of promises with no real bearing on the conditions in which people live.

The South African government has in the past month been forced to reckon with the country’s untenable rate of poverty and inequality.

In the aftermath of the unrest that besieged […]

What to watch out for when cashing in your pension pot – Gareth Shaw

What to watch out for when cashing in your pension pot - Gareth Shaw

You can encash your pension from the age of 55, though this is increasing to 57 by 2028. Picture: Alamy/PA. A When the pension rules were overhauled six years ago, the most eye-catching – and controversial – new freedom given to pension savers was the ability to cash in their pension in one go. This led to fears that the UK would be a nation of impoverished pensioners, who recklessly frittered away their life savings for cruises and home renovations.

Those fears have been largely unfounded, mostly because people accessing their pension in the last decade or so have been […]

Colombians march to urge Congress to back social reform package

Colombians march to urge Congress to back social reform package

Bogota, Colombia
Reuters

Thousands of protesters demonstrated peacefully in Colombia on Thursday to urge its congress to approve union-backed social and economic policies supporters say will benefit the most vulnerable.
Unions, student organisations and other groups held some six weeks of marches between the end of April and June to reject a subsequently-withdrawn tax reform and other bills they said would perpetuate deep inequality. Road blockades associated with the protests halted exports and led to shortages. People attend a demonstration calling for free education and the approval of a basic income, in Bogota, Colombia, on 26th August. […]

Structural reforms required to encourage investment

South Africa requires creative and innovative solutions to put the economy back on a sustainable financial path. Structural reforms are needed to enable a more business-friendly environment aimed at encouraging investment in order to grow the economy.

The country has benefited in recent months from a commodities boom which provided an unexpected tax windfall.

This has resulted in an unprecedented trade surplus – meaning that more capital has flowed into the country than out of it – helped to underpin the rand, contained inflation and kept interest rates at historically low rates. The state’s finances have benefitted from the mining sector’s […]