GOA, INDIA: Mining reform group releases Manifesto, calls for citizen’s dividend

GOA, INDIA: Mining reform group releases Manifesto, calls for citizen’s dividend

The Goenchi Mati Movement advocates for the reform of mining practices in the Indian state of Goa. Its proposals include the investment of all money from iron ore mining into a permanent fund, which would be used to finance a citizen’s dividend.

Similar to Alaska’s Permanent Fund Dividend, the fund’s income would be distributed equally to all citizens in the form of an unconditional cash grant, providing all Goans with a basic income.

Founded in 2014, the Goenchi Mati Movement (GMM) aspires to reform mining practices that it believes to deprive residents of Goa their deserved share of […]

Paul Mason on Post-Capitalism and Universal Basic Income

Paul Mason on Post-Capitalism and Universal Basic Income

British journalist and broadcaster Paul Mason, author of Post-Capitalism: A Guide to Our Future , recently delivered a lecture in Amsterdam in which he points out the need for a universal basic income as a partial solution to changes in the economy due to new technologies. He raises related concerns in an article in The Guardian published shortly thereafter.

On October 25, author Paul Mason delivered a lecture at the De Balie culture center in Amsterdam, the Netherlands, wherein he argues that technological advancement has been not only correlated with but in fact a cause of economic stagnation. He […]

No, We Won’t Need a Basic Income

No, We Won’t Need a Basic Income

During the industrial revolution, many feared for the jobs and their livelihood as machines began to cut jobs from “hardworking people”. Machines like stocking frames, spinning frames and power looms were seen to be evil inventions that would put people out of work, leaving the economy to never recover. The most radical of this ideology became known as the Luddites – a group who would smash and destroy machinery. This violence became a massive rebellion in Britain lasting from 1811 to 1816 which required military force to put down and a death penalty for destroying machinery. However, the fears […]

Time for a Basic Income in Scotland

Time for a Basic Income in Scotland

Address 840-860 Govan Road, Govan, City Glasgow At The Pearce Institute County Glasgow (GB057) Date 26/11/2016 Hours 17:00 Categoria Events Official Website Facebook This conference marks the launch of a new Scottish Organisation, Citizen’s Basic Income Network Scotland SC0460356 (CBINS) promoting public understanding about and support for Basic Income (BI) CBINS and conference co-sponsors – the RSA, GalGael, the Centre for Human Ecology and Govan Folk University – warmly invite interested individuals and organizations to come and join them in exploring the many practical ways that BI could increase economic and social inclusion, reduce poverty and improve individual work/life […]

BIEN Celebrates Thirty Years: Basic income, a utopia for our times? | BIEN

BIEN Celebrates Thirty Years: Basic income, a utopia for our times? | BIEN

On Saturday October 1st 2016, the Basic Income Earth Network celebrated its 30th anniversary at the Catholic University of Louvain.

Originally published at NigelTodman.com This article can be republished under a Creative Commons Attribution 4.0 International License, With a link back to this article and attribution to Nigel Todman Subscribe on Minds nigel.todman Follow on Twitter @Veri

Basic Income: A Deeper Look is a two-part event to provide Londoners with opportunities to learn, dialogue and engage with the topic of Basic Income Guarantee. On Monday, April 18, 7:00pm, come to the Wolf Hall (Central Library) to hear national experts inJoin Us […]

Demonetisation Will Lead To Lowest Cost Of Capital In A Decade: Saurabh Mukherjea

Demonetisation Will Lead To Lowest Cost Of Capital In A Decade: Saurabh Mukherjea

Brokerage firm Ambit Capital in a report released earlier this week downgraded India’s GDP growth forecast for the next six quarters.

According to the report, the cash crunch arising due to demonetisation is likely to bring down economic activity in the short term, with India’s GDP growth estimates for 2017-18 at 5.8 per cent as against 7.3 per cent projected earlier.

Talking to NDTV Profit, Saurabh Mukherjea, CEO, Institutional Equities, Ambit Capital, said the demonetisation has led to a structural change in the Indian economy which would bring the cost of capital in India to lowest in over a decade."The cost […]

Universal Credit must go and a Basic Income Guarantee replace it, as soon as possible!

Universal Credit must go and a Basic Income Guarantee replace it, as soon as possible!

You’ve paid in for benefits through VAT, Car Tax, NI contributions It is your money you are claiming back when you claim Universal Credit benefits

With a rapidly disappearing jobs market, largely through automation, robotics, obsolescence and lean business practice, 9 million jobs are projected to have disappeared by 2026.

Even now, I have seen over the last 5 years, many of the ordinary jobs ‘out there’ have been lost and job seekers are now ‘de-skilling’ by applying for jobs well below their abilities and qualifications. Some jobs I have seen have already had 90+ people apply.This impacts down the jobs […]

What are the differences between “Basic Income” and “Shorter Work Week” as ways to pay a technological dividend?

A technological dividend is a nice sounding term for the trend of rising automation and productivity meaning capital investment in technology supplants labor. In other words, we get far more stuff for the same amount of labor, or we need far less labor to do the same amount of stuff. This development could be great for society, but presents a number of problems.

For a case in point, consider manufacturing in the US since 1980. Manufacturing output since 1980 in the US has doubled. Manufacturing jobs in the US have decreased to about 60% of what they were in 1980. […]

Universal basic income

Universal basic income

What if … the state provided a proper safety net for all of its citizens? Most people would agree that this is indeed the state’s role, yet the failings of the current system can be seen all around us. Think of those evicted from their homes for non-payment of rent or mortgage, those queuing at food banks and soup kitchens, those who wish to go out to work but cannot due to prohibitive childcare fees: the list goes on.

Although it is most definitely not a panacea for all of society’s ills, an unconditional/universal/citizen’s basic income/grant – call it what […]

‘A rare opportunity’ for basic income pilot project on P.E.I.

'A rare opportunity' for basic income pilot project on P.E.I.

A basic income plan for P.E.I. would assistance from the federal government, says the province. (CBC) The time is ripe to start moving away from current welfare models and towards a basic income for Canadians, says former Conservative Senator Hugh Segal.

Former P.E.I. premier Robert Ghiz said in 2014 he supported trying a basic income on P.E.I., and the current government has told CBC News it still supports the idea. There is no evidence that a basic income is a disincentive to work, says Hugh Segal. (CBC) Segal has written a plan for a basic income pilot project for Ontario, […]