UBI – real solution in perfect storm of debt

UBI – real solution in perfect storm of debt

A new report from the investment service Wealthify reveals that many Scottish people are unable to save for the future because of “zero hour contracts, insecure work and low pay.” Moreover, according to the report, Scottish women save less than half of the money of men, and 10 times less than some areas of England.

Campaigners have proposed a universal basic income (UBI) in response to this–such as Kirstein Rummery, Professor of Social Policy at the University of Stirling, whom Nathanael Williams interviewed in a Commonspace article about the Wealthify report.

Rummery said, “The only real policy solution would be Universal […]

Is a Universal Basic Income the Answer to Automation-Caused Unemployment?

What the fuck are you going on about? if we’re going to go for $70,000, we might s well shoot for the moon. After all, it’s just a number. If we’re going to follow your logic, why not $7,000,000,000.00? That doesn’t make any sense. $70,000 a year wasn’t a made up imaginary number. He wasn’t suggesting we print money until our press breaks. Money represents wealth. And soon there will be enough wealth that we could give every citizen $70,000 a year while maintaining the purchasing power of the dollar. In the united states, our lowest universal basic income […]

As Tech Takes Jobs, Govts Debate Guaranteed Income

As Tech Takes Jobs, Govts Debate Guaranteed Income

The robots are coming for our jobs. Someday, they’ll take the wheel from human truckers, the plow from human farmers, the scalpel from human surgeons and maybe even the paintbrush from artists. But how exactly will society cope with the transition of jobs from human to machine hands?

The answer to that could be a basic income, a stipend provided by the state as a social safety net for displaced workers. In fact, President Barack Obama even weighed in on the idea of a basic income in a recent interview with Wired. “Whether a universal income is the right model […]

universal-basic-income

universal-basic-income

Universal Basic Income Is Core Concept of The Post- Industrial State DECEMBER 22 2016 AT302 PM Technocracy News Jason Karaian As technology displaces human employment a universalbasicincome will replace all forms of welfare and unemployment benefits This is also a key concept in historic Technocracy where energy credits would be distributed equally to all citizens There are very few policy ideas that attract support from all sides of the political spectrum these days Universal basic income is one of them The idea of replacing existing welfare systems by giving everyone unconditional cash payments—regardless of income work status or anything […]

People Are Actually Pretty Into The Idea Of A Universal Basic Income

People Are Actually Pretty Into The Idea Of A Universal Basic Income

People Are Actually Pretty Into The Idea Of A Universal Basic Income: Though, problematically, less so when they actually know what it is | FastCompany, 20 December 2016

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universal-basic-income

universal-basic-income

Universal Basic Income Is Core Concept of The Post- Industrial State DECEMBER 22 2016 AT302 PM Technocracy News Jason Karaian As technology displaces human employment a universalbasicincome will replace all forms of welfare and unemployment benefits This is also a key concept in historic Technocracy where energy credits would be distributed equally to all citizens There are very few policy ideas that attract support from all sides of the political spectrum these days Universal basic income is one of them The idea of replacing existing welfare systems by giving everyone unconditional cash payments—regardless of income work status or anything […]

universal-basic-income

universal-basic-income

Universal Basic Income Is Core Concept of The Post- Industrial State DECEMBER 22 2016 AT302 PM Technocracy News Jason Karaian As technology displaces human employment a universalbasicincome will replace all forms of welfare and unemployment benefits This is also a key concept in historic Technocracy where energy credits would be distributed equally to all citizens There are very few policy ideas that attract support from all sides of the political spectrum these days Universal basic income is one of them The idea of replacing existing welfare systems by giving everyone unconditional cash payments—regardless of income work status or anything […]

Why providing everyone with a basic income is a terrible idea

Why providing everyone with a basic income is a terrible idea

Matt Krisiloff is in a small, glass-walled conference room off the lobby of Y Combinator’s office in San Francisco’s South of Market neighborhood, shouting distance from some of the country’s wealthiest startups, many of which Y Combinator has nurtured and helped fund. Krisiloff, who manages the operations of the tech incubator’s program for very early-stage companies, is explaining why it is committed to investing an amount said to be in the tens of millions of dollars in a venture that is guaranteed never to make a penny.

It’s the simplest business model conceivable: hand thousands of dollars over to individuals […]

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“We should do away with the absolutely specious notion that everybody has to earn a living. It is a fact today that one in ten thousand of us can make a technological breakthrough capable of supporting all the rest. The youth of today are absolutely right in […]

universal-basic-income

universal-basic-income

Universal Basic Income Is Core Concept of The Post- Industrial State DECEMBER 22 2016 AT302 PM Technocracy News Jason Karaian As technology displaces human employment a universalbasicincome will replace all forms of welfare and unemployment benefits This is also a key concept in historic Technocracy where energy credits would be distributed equally to all citizens There are very few policy ideas that attract support from all sides of the political spectrum these days Universal basic income is one of them The idea of replacing existing welfare systems by giving everyone unconditional cash payments—regardless of income work status or anything […]