Tag: basic income

In Italy’s elections, the fascists did scarily well

In Italy's elections, the fascists did scarily well

Three reasons why Italy’s election matters 01:18 Ruth Ben-Ghiat is a frequent contributor to CNN Opinion, and professor of history and Italian studies at New York University. Follow her on Twitter: @ruthbenghiat . The opinions expressed in this commentary are solely those of the author.

(CNN)Italy’s elections may have ended in a political deadlock — no one party or alliance gained the 40% necessary to have an absolute Parliamentary majority — but the projected results of the vote signal that sweeping changes are on the horizon, changes that don’t bode well for liberal democracy.

The governing center-left Democratic Party received just […]

Is universal basic income possible

Robert Reich sees it as a way for companies to save money for not having to pay workers to sit around when services are not needed. What is technological unemployment? . Functional social-safety nets and instruments such as tax credits make it possible Universal basic income is a concept that pertains to giving an amount of money to citizens without any requirements or conditions other than being legal citizens and probably a certain minimum age (most likely what’s considered as the working age). Business Impact The Danger of the Universal Basic Income Giving everyone a “basic income” is the […]

From Universal Basic Income to Public Equity Dividends

From Universal Basic Income to Public Equity Dividends

In 1991 I wrote advocating ‘a universal tax credit available to every adult – the Universal Basic Income (UBI) – and a moderately high flat tax rate’. In 1996 I started to develop these ideas into a “social accounting framework”. It was only after my 1996 presentation – in Vienna, Austria – that the name ‘Universal Basic Income’ became a popular choice, among a number of other names, for the concept of a universal publicly sourced income payable equally to all citizens. In particular, the name ‘Universal Basic Income’ was popularised through the 2000 Boston Review forum A Basic […]

Green Party trashes government green policy, calls for bolder ambition

Green Party trashes government green policy, calls for bolder ambition

Caroline Lucas and Jonathan Bartley address the Green Party conference | Credit: Green Party The Green Party has slammed the government’s revamped green agenda, as it this weekend proposed a wave of more ambitious targets on waste, energy efficiency, and electric vehicles.

In their speech to the party’s annual Spring conference in Bournemouth on Saturday, co-leaders Caroline Lucas and Jonathan Bartley labelled the government’s long-awaited 25 Year Environment Plan , which was released earlier this year, as "desperately disappointing".

The Plan set out a strategy to end unnecessary plastic waste by 2042 by boosting recycling rates and overhauling the system of […]

Resolved: The United States ought to provide a Universal Basic Income.

Resolved: The United States ought to provide a Universal Basic Income.

I affirm the resolved… Resolved: The United States ought to provide a universal basic income -Framework-

V – Social Harmony . Social Harmony is peace between people in a structured, layered society. To achieve the most harmonious society, a universal basic income is the best way to solve.

S – Maximizing Eudemonism Eudemonism (or Eudemonism or Eudaimonia) is a moral philosophy that defines right action as that which leads to the "well-being" of the individual, thus holding "well-being" as having essential value. It makes up part of the system of Ethics propounded by the ancient Greek philosophers, in which […]

Italy Election: Early Exit Polls Point To Hung Parliament

Italy Election: Early Exit Polls Point To Hung Parliament

Pic: Getty Images Italy is on course for a hung parliament after one of the most uncertain elections in recent memory, exit polls suggest.

Initial projections say ex-PM Silvio Berlusconi’s centre-right coalition is set to win the most seats in the lower house of parliament.

It is expected to get between 225-265 seats, polls say – below the 316 needed for an absolute majority.Exit polls put the anti-establishment Five Star Movement in second place.It has made significant gains and could emerge as the largest single party, with about 30% of votes and 195-235 seats.The country’s ruling centre-left Democratic Party stands in […]

We Greens aren’t uniting with Labour: small parties must stand firm

We Greens aren’t uniting with Labour: small parties must stand firm

There’s been some debate recently, on these pages and elsewhere, about the Green party’s role in politics. Last week Owen Jones – a political ally of ours on many issues – suggested we should consider affiliating to the Labour party . With Labour’s membership at record levels, there are renewed calls for “one last heave” to get Jeremy Corbyn into No 10.

But we’re not going to affiliate to the Labour party. The reason is simple: ours is a different political project to theirs, and we believe in a plural, progressive politics. The Greens’ best hope is to sign up […]

Europe: New paper by Institute of Labour Economics contributes to literature on the effects of introducing a UBI into current social security systems

Europe: New paper by Institute of Labour Economics contributes to literature on the effects of introducing a UBI into current social security systems

Credit to: Flickr

In a new paper , published by the Institute of Labour Economics (IZA) in December 2017, James Browne of the Organisation for Economic Co-operation and Development (OECD) and Herwig Immervoll, of both the IZA and the OECD, have discussed what the social and economic consequences might be when replacing some existing social benefits with a comprehensive basic income. The study contributes to the expanding literature (building on the work of Atkinson 1995 ) that uses the microsimulation technique, a method that builds a computer program based on economic inputs (such as costs, income, expenditure and savings) […]

Universal Basic Income Could Help D.C.’s Poorest Get By, But Could The City Afford It?

Universal Basic Income Could Help D.C.’s Poorest Get By, But Could The City Afford It?

Under a universal basic income, certain people get cash payments from the government to use as they see fit. Giving low-income D.C. residents direct cash payments could help them make ends meet in a city that is growing more and more expensive, but it would also cost the government anywhere from $380 million to $9 billion a year, depending on how much cash is handed out and how many people get it. It could also prompt some of those residents to stop working, and put at risk billions of dollars in federal funding for safety net programs.

Those are among […]

Italy’s populist Five Star movement set to win most seats for a single party — but election is likely to end in hung parliament

Italy's populist Five Star movement set to win most seats for a single party — but election is likely to end in hung parliament

Laura Lezza/Getty Images Italy voted in a national election on Sunday, with polls closing at 11 p.m. local time.

Early exit polls suggest no party will have enough votes to form a majority government, but the populist Five Star party looks set to win the most seats for a single party.

Immigration tops the list of priorities for Italian voters, followed by unemployment and the economy. Exit polls suggest a hung parliament is a possibility after Italy went to the polls on Sunday. Recommended Video: Error loading player: No playable sources foundNow Playing:Italy heads to the […]