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These major cities could afford a $10K per family basic income w/o raising taxes

These major cities could afford a $10K per family basic income w/o raising taxes

There’s been a lot of talk recently about the pros and cons of a universal basic income.

There’s also been a lot of talk about how expensive this would be.

But, from my quick analysis, I actually think quite a few major cities could institute a child based basic income utilizing only existing tax revenues. I. Numerous big cities spend over $20,000 per student Getting accurate city per-pupil spending amounts can be a near impossible task, but nearly all sources I reviewed showed that Washington D.C ., Newark , and New York City spend at least ~$18K a student. I think […]

Jobs For All

Jobs For All

Line for unemployment benefits in San Francisco, CA in 1938. Dorothea Lange / Library of Congress The new issue of Jacobin is out now. To mark its release, we’re offering discounted introductory subscriptions . ull Employment . . . has become an aim of Conservative policy and the strongest argument against socialist critics.” That’s famed economist Joan Robinson, in 1962 trolling to her left and her right. British unemployment had been below 2 percent for most of the period since the war, without runaway inflation. Keynes had solved the problem of unemployment, converted the Conservatives, and stolen the communists’ […]

Money for nothing

Money for nothing

Filippo Nogarin is that rare specimen in Italian politics – an unashamed optimist. Elected mayor of the port city of Livorno in 2014, Nogarin is a member of the controversial Five Star Movement – an anti-establishment party founded by the TV comedian Beppe Grillo . Since then, Nogarin has attempted to position himself as a figure for change at the frontline of the Mediterranean crisis: fighting for economic justice, social equality and environmental protections.

In June this year, the Tuscan municipality launched its most ambitious initiative yet: a basic income scheme to tackle urban poverty – the first in Italy […]

Hamilton activists demand action rather than talk to reduce poverty

Hamilton activists demand action rather than talk to reduce poverty

Basic Income pilot project meeting Stoney Creek News

Hamilton Roundtable for Poverty Reduction member Ursula Samuels demanded the provincial government do something substantive about poverty immediately rather than merely talk about it.

“We need action now,” Samuels told provincial officials towards the end of nearly a three-hour public meeting held by the Ontario government at the Crown Plaza Nov. 22 on implementing a basic income program.“We know what we really need. We face it every day.”Samuels echoed the sentiment that a number of poverty activists proclaimed at the event, greeting about 90 people taking part in the public meeting, one of […]

How to Fix the Economy: Universal Basic Income?

How to Fix the Economy: Universal Basic Income?

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Mark Carney: ‘Every technological revolution mercilessly destroys jobs well before the new ones emerge’

Mark Carney: 'Every technological revolution mercilessly destroys jobs well before the new ones emerge'

A protester dressed as a robot takes part in a march by Belgian public sector workers in central Brussels, Belgium, May 31, 2016. LONDON — Bank of England Governor Mark Carney thinks the jobs market is experiencing "great disruption" due to technology and believes governments, and corporations have a duty to help people manage the change.

In a wide-ranging speech on the economy in Liverpool on Monday , the governor said the world is "in the midst of a technological revolution that is once again changing the nature of work." He highlighted a past speech from the Bank of […]

Thread: Universal basic income

Join Date Location Posts Points Level Points: 22,065, Level: 15 Level completed: 84%,
Points required for next Level: 485 Overall activity: 25.0% The concept of a universal government income is not a new one, and it has been largely an unrealistic pipe dream for most if not all of human history.

As technology, robotics, voice recognition and AI continue to advance, it seems increasingly inevitable to me that a guaranteed living wage is going to become a necessity for most nations in the coming years.
The fast food industry is going to be revolutionised by robotic workers […]

Basic income pilot project meeting Jan. 12 in Cobourg

Basic income pilot project meeting Jan. 12 in Cobourg

Lou Rinaldi Public consultations about launching a basic income pilot project are taking place in Cobourg Jan. 12, says Northumberland-Quinte West MPP Lou Rinaldi.

A series of these public sessions are taking place across Ontario to “refine” the report from Hugh Segal entitled: “Finding a Better Way – A Basic Income Pilot Project for Ontario,” he said.

According to a summary of Segal’s report: “A pilot project must begin with an understanding of the costs of poverty, not only in present welfare and disability payments, but also in terms of added pressures on our health system, and the Ontario economy as […]

Basic Income could raise the bar for everyone

Basic Income could raise the bar for everyone

Panel Discussion with (LtoR):Karen Levasseur, Jim Mulvale, Sid Frankel and Jennifer Mays. I was riding in a car with my brother-in-law after attending the November 24 Basic Income Symposium at Winnipeg Harvest, and we got into a conversation (or perhaps more of a monologue) about the relative levels of poverty in Canada and in China, where he had been living.

He had a hard time understanding why a rich country like Canada, with a social safety net that most people can access, at least to some extent, would need anything like a Basic Income for all. In Shanghai, he said, […]

Welcome to our automated future

Welcome to our automated future

I’ve written a number of pieces now detailing how progress in technology is impacting our lives. The bottom line is that remarkable strides in recent years have made current realities out of things that would have fallen into the category of science fiction not that long ago. Many of these developments will wind up having a direct impact on employment and the work force. This isn’t a new phenomenon. That is what technology does. As long as there has been technology, it has altered the workforce.

The challenges posed by this became clear in the industrial revolution. The term “Luddite […]