Category: Basic Income

Democratic Senator Elizabeth Warren recently introduced legislation to eliminate up to $50,000 in student loan debt per borrower. (Gage Skidmore / Wikimedia Commons) On Nov. 7, in his first address after being declared president-elect, Joe Biden promised to be “a president for all Americans.” In such polarized times that have elicited Civil War-like division, the president-elect must stick to his promises and provide stability for all Americans.

However, the Biden Administration is already moving to enact policies that pander to the Democrats’ voter base, echoing the same partisan actions of the Trump Administration, such as the politically charged targeting of […]

Full Post at highschool.latimes.com

Software Developer Is Educating Brazilians About Basic Income And Crypto – And Using GoodDollar As A Tool to Build A Better World

Did you know, most of GoodDollar’s early adopters – in terms of signing up for digital basic income – are from South America? To date, there have been over 4 million G$ claimed in Argentina – the top-ranking country – and in neighbouring Brazil, where less than 200,000 G$ has been claimed, one man is doing his best to catch spread the word.

Our latest #GoodPerson is software engineer, social entrepreneur and crypto evangelist Helder S Ribeiro, who […]

Full Post at www.gooddollar.org

There is a commonly held belief that poverty is not the result of any systemic failure, but the personal failure of the impoverished. This view is just plain wrong.

To combat today’s discord, promote economic security through UBI.

Driving in traffic last week I found myself behind a pickup truck that was sporting a fluttering “Trump 2020” flag in its bed and numerous bumper stickers on its tailgate. One sticker in particular caught my eye. It read: “I Fight Poverty – I Work!” It occurred to me that this message, with all that it implies, seems to reflect […]

Full Post at basicincometoday.com

M1 Finance was one of the speakers at the Benzinga Global Fintech Awards that took place on November 10, 2020.

The journey to achieving financial freedom is no easy task. And for many, the subject of money is met with feelings of anxiety and worry.

Brian Barnes, Founder & CEO of M1 Finance, believes that the relationship someone has with money is dependent on their mindset, and one way to help achieve a more positive outlook on money is through money management.“After you get your basic income and expenses sorted out, it’s about prioritizing every dollar. You need to see […]

Full Post at www.benzinga.com

If there is a silver lining to the pandemic it is that the virus has taught us who matters and who we can count on when the chips are down. In this crisis the indispensable economic units are not bankers or multinationals but the corner shop, medics, supermarket staff, refuse collectors, carers, delivery drivers, first responders: ordinary folk.

What is also apparent is that, when faced with a big challenge some (but by no means all) parts of the state can respond with speed and simplicity: the furlough scheme being the most obvious example. A fiscally conservative Tory chancellor has […]

Full Post at www.thearticle.com

Heizo Takenaka, an economic adviser to Japanese Prime Minister Yoshihide Suga, favors a universal basic income and urges other changes to attract foreign financial talent. (Photo by Manami Yamada) TOKYO — Japan’s inability to attract foreign employees despite years of globalization efforts damages the country’s financial services sector and other fields crucial to future growth, a close aide to Prime Minister Yoshihide Suga warns in an interview earlier this month.

"The difficulty of procuring global talent is undermining Tokyo’s economic competitiveness," Heizo Takenaka, a 69-year-old economics professor who serves on the Suga government’s growth strategy council, told Nikkei Asia.

Takenaka cited […]

Full Post at asia.nikkei.com

The idea of universal basic income is catching on in the wealthy, oil-exporting Arabian Peninsula, a region where conditions for introducing a universal cash-grant system are more favorable.

LONDON – The notion of a government-provided universal basic income (UBI) has been gaining traction throughout the developed world. Although UBI policies face significant political and fiscal obstacles in the West, the idea is catching on in a region where conditions for introducing a universal cash-grant system are more favorable: the wealthy, oil-exporting Arabian Peninsula.

The Gulf oil monarchies, though largely authoritarian, already provide their citizens with very generous benefits, including free […]

Full Post at myrepublica.nagariknetwork.com

American deserves an annual Christmas bonus. Look, if there’s one thing that the debates over coronavirus relief have taught us, it’s that Americans really appreciate getting a check from the government. Maybe the whole idea of sending cash to around 85 percent of the country would have been less popular and more controversial in normal times, when we weren’t all coping with an economically catastrophic plague. But it turned to be so wildly and obviously popular this year that Congress essentially couldn’t help but add them to its second relief bill, after lawmakers toyed with leaving them out (which […]

Full Post at slate.com