Reflections on Basic Income

I was privileged to attend the Basic Income Earth Network ( BIEN ) 2019 Congress just now where I drew attention to the role of complementary currencies and attempted to dispel any fantasies about the role of blockchain in transferring wealth.

I’ve always supported Basic Income (BI) in principle. It is probably the most direct possible strategy to address the perennial problems of poverty and inequality. It works by giving enough money to live to everyone, effectively putting a floor on poverty, and taking away the fear and want that drives people to underprice their labour. It is unconditionality makes […]

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