Tag: basic income

USA Owes Massive Climate Debt — One Way To Pay It

USA Owes Massive Climate Debt — One Way To Pay It

Immigrants becoming American citizens in a naturalization ceremony at the National Archives, December 15, 2015. Credit: Pete Souza/White House By making it easier for people to migrate to the United States, President Biden could give a much-needed boost to countries hard-hit by climate change.

The United States has generated more heat-trapping carbon pollution than any other nation, but it has not felt the impact of climate change in equal measure. Poorer countries in warmer latitudes are enduring the most devastating droughts , heat waves , and violent storms , and seeing more poverty , disease and mass migration as a […]

How will society keep human labor relevant in the era of increasing automation?

How will society keep human labor relevant in the era of increasing automation?

In an era of increasing automation and mass unemployment, we will need to readjust our concept of work. We are developing to a state where we will first and foremost need to learn how to live harmoniously as a single collective. The most important factor that will hold us together as a society will be positive attitudes to each other, which we will need to develop upon growing divisive drives and egoism that will naturally make us increasingly distant from one another.

We will thus need to learn how to become satisfied with what we need for our sustenance, and […]

Kenya Is The Only Country In Africa That Is Practicing Universal Basic Income

Kenya Is The Only Country In Africa That Is Practicing Universal Basic Income

Universal Basic Income (UBI), is a model that provides all citizens of a country a given sum of money, regardless of their employment status or income. It aim at reducing poverty and increase quality of life among citizens. PHOTO: COURTESY.

Currently no country has a basic income but it is being tried in different countries in the world. Kenya is among the few countries taking samples and trying how efficient the program will be.The attempt which is underway in Kenya, started in the year 2016 and is set to run for 12 years. PHOTO: COURTESY.

The non-profit Givedirectly has been sending […]

Are stimulus controls paving the way for a universal basic income?

Are stimulus controls paving the way for a universal basic income?

Are stimulus controls paving the way for a universal basic income? As President Joe Biden pledges to extend the $ 3,000 child tax credit through 2025, some believe all of these pandemic benefits spell a step forward in the conversation around a universal basic income.

Biden’s stimulus check bill, which increased existing credit from $ 2,000 to $ 3,000 and added a four-year extension, is expected to increase by 4.1 million Children rising out of poverty, and Democrats in Congress are pushing for this change to be permanent.

Despite strong opposition, support is growing for distributing guaranteed income payments to citizens […]

‘Basic Income Lee Jae-myung’-‘Safe Income Oh Se-hoon’ daily sharpening workshop

‘Basic Income Lee Jae-myung’-‘Safe Income Oh Se-hoon’ daily sharpening workshop

Gyeonggi Governor Lee Jae-myung, who advocates for a basic income, and Seoul Mayor Oh Se-hoon, who promotes a secure income, are fighting day after day.

When Governor Lee, a prominent presidential candidate for the passport, launched an attack on the social networking service (SNS) on the morning of the 29th, mayor Oh, a major political figure in the opposition, responded with a rebuttal in the evening.

The battle between the two began when Governor Lee criticized the previous day as “Mayor Oh’s safe income is a short-sighted prescription that does not fit into the era of low-growth polarization.” In response, Mayor […]

The Case Against a Universal Basic Income with Bill Mitchell

The Case Against a Universal Basic Income with Bill Mitchell

Aussie economist Bill Mitchell says UBI is a surrender to neoliberalism’s claim that government is powerless in the face of unemployment. As if it were a natural disaster.

Professor Bill Mitchell was our very first guest on Macro N Cheese, and now here he is, 122 weeks later. Episode #1 was Putting the T in MMT . This week Steve asks him to discuss the single policy prescription at the core of MMT – the Federal Job Guarantee. The discussion goes into the parameters and nuance of the FJG and the pitfalls of a Universal Basic Income as a competing […]

Are stimulus checks paving the way for a universal basic income?

Are stimulus checks paving the way for a universal basic income? As President Joe Biden commits to an expanded $3,000 child tax credit until 2025, some believe all these pandemic benefits signify a step forward in the conversation surrounding a universal basic income.

Biden’s stimulus checks bill, which upped the existing $2,000 credit to $3,000 and added a four-year extension, is expected to lift an additional 4.1 million children out of poverty, and Democrats in Congress are pushing to make this change permanent.

Despite steadfast opposition, support is growing for dishing out guaranteed income payments to citizens regularly even after the […]

The Meeting Place

Recently there has been plenty of discussion about reviving the UK economy after Covid to create new (and “greener”) jobs, especially to “level up” former “Red Wall” parts of the country, and “Build Back Better”. One solution gaining interest and scrutiny is Universal Basic Income, through schemes which guarantee everyone enough for their minimum needs.

In October 2020 more than 500 Peers and Councillors wrote to the Chancellor urging consideration of the idea (see note 1), and this year 172 MPs and Peers did the same, although Rishi Sunak had already responded to a Scottish enquiry that the government was […]

Why pandemic benefits are problematic for universal basic income

Why pandemic benefits are problematic for universal basic income

The writer is the editor of MoneyWeek

Let’s say you’re unemployed and someone offers you $ 15 an hour to work 40 hours a week as a shift supervisor at McDonald’s in the United States. That would give you $ 600 per week. It is not a fortune. It’s not terrible either. So, all other things being equal, if you needed some work you’d probably take it. But what if someone else offers you just over $ 600 a week if you don’t take it? $ 650 maybe – to stay home instead. I guess you could think twice.

This […]

Durham Police investigate drive-by shooting that injured 5

Durham Police investigate drive-by shooting that injured 5

DURHAM, N.C. (WTVD) — Durham Police are investigating after five people were injured in a drive-by shooting late Thursday night.

It happened shortly before midnight when officers responded to a shooting call along the 1200 block of Fayetteville Street. When police got to the scene, they found four victims — three men and a woman — suffering from gunshot wound.

They were taken to the hospital with serious injuries. A fifth victim arrived at the hospital about a half-hour later."There’s no sugarcoating this. Durham has now crossed a threshold that places us in a very unenviable and dubious club. We had […]