Category: Basic Income

Calls for universal basic income trial in West Berkshire

Calls for universal basic income trial in West Berkshire

Councillors are being asked to support a universal basic income pilot scheme THERE are calls for West Berkshire Council to trial a scheme that offers people from all walks of life unconditional, monthly payments.

Councillors will be asked to back a universal basic income pilot scheme, when they vote on a motion Thursday, December 3.

Cllr Steve Masters (Green Party) has submitted the motion, which says the system provides “regular, unconditional minimum income for all citizens”.He says these payments could provide “economic security, peace of mind and support” to people as they look to “rebuild their lives” after the Covid-19 pandemic […]

Stop preserving doomed jobs and bring in Universal Basic Income

Stop preserving doomed jobs and bring in Universal Basic Income

Are we preserving jobs that will disappear in the next few years? Thomas Hannah (LSE) and Rocco Friebel (LSE) argue that the Job Retention Scheme should be replaced with a Universal Basic Income – not only because the jobs being preserved do not always confer wider societal benefits, but because the technological advances accelerated by the pandemic will anyway make some of them redundant within a decade.

By: Thomas Hannah and Rocco Friebel

In an effort to prevent catastrophic unemployment and default rates, the chancellor Rishi Sunak launched the job retention scheme (JRS) in April 2020. Under the scheme , […]

WHY BASIC INCOME SEEMS TO BE THE BEST BET IN TIMES OF COVID-19

WHY BASIC INCOME SEEMS TO BE THE BEST BET IN TIMES OF COVID-19

WHY BASIC INCOME SEEMS TO BE THE BEST BET IN TIMES OF COVID-19

(A quasi-universal transfer, combined with a small increase in taxes on luxury items consumed or used by the wealthy, seems to be the best bet.) India is facing three crises at once—medical, economic and distributional. Unless wise and courageous policies are implemented, there will be a fourth—social violence. The spreading sickness and deaths from the coronavirus is obviously the immediate threat. India has done better than many countries so far, but the upward trend is ominous.

The second crisis is linked. The economic slowdown began […]

Is the pandemic making people more generous — or more selfish?

Is the pandemic making people more generous — or more selfish?

Today is Giving Tuesday , a day that encourages everyone to refocus on doing good after the annual post-Thanksgiving shopping blitz. People have donated millions to charity through Giving Tuesday fundraisers every year since the movement kicked off in 2012. But what does generosity look like in 2020?

Has the Covid-19 pandemic — and its attendant recession — made us more or less generous this year? Has it changed the way we give?

We won’t fully know until 2020 is behind us because around 30 percent of total annual giving happens in December, with many people making their tax-deductible donations on […]

Full basic income on P.E.I. would cost $260 million

Full basic income on P.E.I. would cost $260 million

Trish Altass, shown in a file photo speaking at a rally outside the Coles Building, chaired an all-party special committee on poverty that has recommended the federal and provincial governments partner to implement a basic income guarantee on P.E.I. – Daniel Brown/Local Journalism Initiative CHARLOTTETOWN, P.E.I. —

A full basic income guarantee on P.E.I., involving as many as 50,238 Islanders, or 39 per cent of the population, would have a net cost of $260 million per year.

This calculation is provided in the final report of the special committee on poverty. The all-party standing committee, which was struck 16 months […]

Assam Govt to provide Rs. 830 to Orunodoi Scheme beneficiaries on Tuesday

GUWAHATI: The Assam government’s ambitious ‘Orunodoi’ scheme, seeking to benefit women-headed households and specially-abled persons, will be formally launched in 29 districts on Tuesday, finance minister Himanta Biswa Sarma said on Monday.

The state government has already selected 18.20 lakh beneficiaries in 29 districts but this was expected to go up to 22 lakh as the districts under the Bodoland Territorial Area Districts (BTAD) have not been included due to the model code of conduct for the forthcoming Bodo Territorial Council (BTC) polls, the minister said at a press conference here.

Of the 18.20 lakh beneficiaries, it […]

What would you change in your life if your income was secured?

What would you change in your life if your income was secured?

The biggest question in the world asked during the UBI referendum in Switzerland (Image by Generation Grundeinkommen en Flickr) This is what the UBI4ALL Campaign is trying to answer by means of a lottery where residents of the European Union can win a Basic Income, the money for which has been obtained via crowdfunding.

Anyone in the European Union can win an 800€ a month Unconditional Basic Income as of Thursday, 26 November 2020. UBI4ALL, as the pan-European project is called, collects money through crowdfunding and raffles it as Basic Income. The lottery is open to anyone aged 16 and […]

Can I cash in a pension annuity? An expert explains your options if you have a poor value retirement fund

Can I cash in a pension annuity? An expert explains your options if you have a poor value retirement fund

The annuity is only worth about £15,000 and pays me £1,124 a year. Can I cash it in?

The annuity pays an income of just over £90 per month, or £1,124 a year (Photo: PA) I have a final salary pension plus the state pension, and I also have a flexible annuity.

Since 2013 this annuity has given me £1,124 gross per year.The fund is only worth about £15,000 but I would appreciate knowing if there is any way I can transfer this money out.The last coalition government was looking to allow annuities to be cashed in. Can I do […]

Pilot project for the introduction of unconditional basic income

Pilot project for the introduction of unconditional basic income

COVID-19 has made it necessary for the European Union and its citizens to take a fresh look at their way of doing things and their outlook on life. The worsening economic and social crisis is evidence that European and national institutions cannot be held to the stratagems previously employed to resolve the debt problems of central governments, households and companies

On 17 September 2020, Portuguese Member of the European Parliament (MEP), Francisco Guerreiro of the Group of the Greens/European Free Alliance, posed a written parliamentary question to the European Commission.

In the midst of discussions on the 2021-2027 Multiannual Financial Framework […]

Unemployment in the corona pandemic: why all of Germany now needs the solidary basic income – Berlin

Unemployment in the corona pandemic: why all of Germany now needs the solidary basic income – Berlin

An old popular saying goes to save time, so you have to go in need. Why do I come across this in connection with the Solidarity Basic Income (SGE)?

When I first outlined the idea of ​​a solidary basic income in my article “Digital and Social” in October 2017 on the occasion of the Berlin Federal Council Presidency and developed it into a labor market project for Berlin, Moft’s shoulders were shrugged: Unemployment is falling. There have never been so many jobs subject to social security contributions. The economy is booming.

But the time was just right. Because in good times […]