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Take basic income and short working week seriously, Greens think-tank urges

Take basic income and short working week seriously, Greens think-tank urges

The Greens Institute said it remained agnostic on whether a universal basic income was right for Australia, but the conversation needed to be had. Photograph: Alamy The rise of contract and casual work means a shorter working week and universal basic income should become serious policy options, the Green Institute says.

The institute ’s report Can Less Work be More Fair ? said the loss of permanent full-time jobs in areas as diverse as cleaning services and academia was making work highly precarious and increasing the divide between those who were overworked and those who were underemployed.

Tim Hollo, the Green […]

Universal Basic Income as the Future of Welfare

Silicon Valley is in love with Universal Basic Income. Before anyone writes it off, it’s something people need to seriously consider.

If you haven’t heard about the concept of Universal Basic Income (UBI), maybe you’re missing something especially if you are tired of the debates over entitlement programs. This is an idea that is being embraced by Silicon Valley elites , so it’s not necessarily being taken as seriously as it could or should be. The basic premise is based on redistribution of wealth, but without a massive bureaucracy supporting it.

What UBI boils down to is setting a basic […]

Take basic income and short working week seriously, Greens think-tank urges

Take basic income and short working week seriously, Greens think-tank urges

The rise of contract and casual work means a shorter working week and universal basic income should become serious policy options, the Green Institute says.

The institute ’s report Can Less Work be More Fair ? said the loss of permanent full-time jobs in areas as diverse as cleaning services and academia was making work highly precarious and increasing the divide between those who were overworked and those who were underemployed.

Tim Hollo, the Green Institute’s executive director, said he hoped the paper expanded the acceptable boundary of conversation for left-of-centre politics, as the Institute of Public Affairs and Sky’s Andrew […]

A Canadian Province Just Passed a Resolution for Universal Basic Income

A Canadian Province Just Passed a Resolution for Universal Basic Income

This province is also very tiny farming province with less than 200,000 people total; it also tends to have >10% unemployment for decades and all their talented people leave the province asap. They really have nothing to lose. If UBI turns into a win, good on them. If UBI ultimately fails, then it really wont make things worse for them. Was going through pics my husband… Tattoo artists of reddit, what are… No matter how many times I… Overwatch Mei & Roadhog Cosplay Velma What is the strangest sub… Insane body The tongue of a tiger And they’re asking […]

Would a universal basic income fix US economic inequality? One group is spending $10 million to find out

Would a universal basic income fix US economic inequality? One group is spending $10 million to find out

Come and get it. (Stefan Bohrer / Wikimedia) Universal basic income (UBI) is either a miracle cure for ailing capitalist economies or a dead end for a doomed, under-employed underclass . Nobody really knows which is true because UBI has never been fully studied . Now, one of the most ambitious efforts so far is about to spend millions to find out.

As populist uprisings sweep the Western world bringing authoritarian leaders to power, people across the political spectrum are taking a hard look at UBI. Partially tested in various places in the 1960s and 1970s—including areas of the US, […]

Manufacturing Goes Where the Robots Are

Manufacturing Goes Where the Robots Are

In the eight months since engineer John Crews’ book on the robot future hit shelves, the global political climate has changed so drastically that Robonomics now reads like an outsider political treatise. The survey of the fourth industrial revolution explores a heavily automated future in which governments supply citizens with basic income and concerns about job loss are couched in broader conversations about ending scarcity and the socio-economic problems it presents. It’s a coherent vision of progress, but one that does jibe with the results of the US presidential election or the Brexit vote, both of which galvanized a […]

Would a universal basic income fix US economic inequality? One group is spending $10 million to find out

Would a universal basic income fix US economic inequality? One group is spending $10 million to find out

Universal basic income (UBI) is either a miracle cure for ailing capitalist economies or a dead end for a doomed, under-employed underclass . Nobody really knows which is true because UBI has never been fully studied . Now, one of the most ambitious efforts so far is about to spend millions to find out.

As populist uprisings sweep the Western world bringing authoritarian leaders to power, people across the political spectrum are taking a hard look at UBI. Partially tested in various places in the 1960s and 1970s—including areas of the US, Canada, and India—UBI gives everyone a guaranteed minimum […]

Manufacturing Goes Where the Robots Are

Manufacturing Goes Where the Robots Are

In the eight months since engineer John Crews’ book on the robot future hit shelves, the global political climate has changed so drastically that Robonomics now reads like an outsider political treatise. The survey of the fourth industrial revolution explores a heavily automated future in which governments supply citizens with basic income and concerns about job loss are couched in broader conversations about ending scarcity and the socio-economic problems it presents. It’s a coherent vision of progress, but one that does jibe with the results of the US presidential election or the Brexit vote, both of which galvanized a […]

Economists Doubt the U.S. Can Regain Many of the Factory Jobs Lost in Recent Decades

Economists Doubt the U.S. Can Regain Many of the Factory Jobs Lost in Recent Decades

An employee places shirts ready for shipment in plastic bags at the 5 Thread facility… Pulling off a renaissance in U.S. manufacturing employment will be extraordinarily tough.

After hitting a record of nearly 20 million in 1979, the number of American factory workers has plunged during each of the last five recessions and each time has never recovered. Today, 12.3 million people are employed in U.S. factories, a loss of nearly eight million jobs.

Forecasters in The Wall Street Journal’s monthly survey of economists doubt the numbers of bygone years can be restored. They estimate the U.S. will add about 7,000 […]

Carrier & The Broken Window Narrative

Carrier & The Broken Window Narrative

Lance Roberts Trump saves jobs in Indiana before even being President. This is how you make ‘America Great Again. Between promises to cut corporate taxes from 35% to 15%, reduce regulatory burdens and penalize companies who leave the U.S., markets, economists and analysts are all trying to figure out what it means. As I noted on Tuesday , the always-bullish analysts are already pushing up corporate earnings to record levels while the mainstream media is fostering the idea of an economic resurgence to levels last seen during the Reagan Administration. In turn, this will result in higher inflation, higher […]