Silicon Valley’s Fascination With Universal Basic Income

Silicon Valley’s Fascination With Universal Basic Income

I am solely just a little bit embarrassed once I stumble throughout mental interest horses it appears everybody else is speaking about. I am a busy man, and proof on the contrary, I do not spend all my time considering or studying about weighty issues.

I used to be perplexed, then, at Fortune ‘s lately concluded convention in Rome when multiple brainy participant made figuring out references to "common primary revenue." In case, like me, you are not acquainted with it, UBI is a flat cost to a whole inhabitants. The rationale is twofold. First, paying everybody a sure sum […]

P.E.I. MLAs effusive in their support for basic-income pilot project

P.E.I. MLAs effusive in their support for basic-income pilot project

The motion to work with the federal government in hopes of setting up a basic-income pilot project on the Island was supported by all parties. (Kerry Campbell/CBC) The P.E.I. Legislature agreed unanimously Tuesday to have the province work with the federal government in hopes of setting up a basic-income pilot project on the Island.

The idea is to guarantee a minimum amount of money in government support each month to those living in poverty.

Green Party Leader Peter Bevan-Baker put forward the motion, which was supported by all parties.Bevan-Baker said a successful pilot project could reduce poverty, improve health and mental […]

In Oakland, people worry that good jobs are out of reach

In Oakland, people worry that good jobs are out of reach

A mural on the wall of a public high school in West Oakland conveys the message "Knowledge is Power."

There’s a lot of talk in Silicon Valley about “basic income,” giving everyone a fixed amount of money to meet basic needs. In a world of precarious work – gig work, part-time and on-demand employment – the idea of a guaranteed minimum income is attracting attention. The tech startup incubator Y Combinator , based in Mountain View, California, is funding a basic income test in Oakland, where the gap between technology haves and have-nots is increasingly visible.

In this once-working […]

An argument against the idea of an unconditional, universal basic income

During the last years, a growing group of activists, scholars and organisations has been calling for the so-called “basic income”. It pops up almost everywhere now: in news broadcasts, newspaper articles and in countless online endorsements of a nearly evangelical nature.

However, it’s time for a healthy, well-founded counter argument that answers to some of the serious flaws of the idea of a basic income.

The appeal of a basic income is very understandable. The idea is intuitive, practical, and it appears to be free from complex ideological discussions. Moreover, the arguments that are used are simple to understand and are […]

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 […]

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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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 […]