Tag: basic income

Editorial: Minimum guaranteed income upsides

Editorial: Minimum guaranteed income upsides

Instituting a guaranteed minimum income program in Canada is guaranteed to be controversial and complicated. But its upsides, if instituted with financial responsibility, could be significant, because providing a base level of financial livability for families and individuals and eliminating the multi-layered bureaucracies administering government social safety net programs today would contribute to the country’s overall social and economic well-being.

Proposals for government guarantees of a minimum level of income for its citizenry dates as far back at least to Thomas Paine and the American Revolution. But, as with so many of today’s economic, human resource and social issues, the […]

Electric Auke: “Is making a lot of money and getting richer and richer the pinnacle of happiness?

Electric Auke: “Is making a lot of money and getting richer and richer the pinnacle of happiness?

“Well,” Auke starts out saying. “To a certain extent, money does make you happy. If you can’t afford a roof over your head or don’t have enough money to buy food, having money makes a huge difference.”

Studies show, according to the sustainability expert, that people who earn about two to four times the average income are the happiest people around. “Exactly how much that is, varies from country to country, of course. But with that kind of income, you don’t have to worry about anything and you can live a pretty relaxed life.” Does money make you happy?The science […]

SA’s govt says it will maintain basic income project despite Covid-19 and economic crisis

SA’s govt says it will maintain basic income project despite Covid-19 and economic crisis

(Ecofin Agency) – The South African government says it will introduce a population-targeted universal revenue system by the end of this year. Speaking during the 109th anniversary of the ANC party, President Cyril Ramaphosa (pictured) said the project will help establish a social safety net for the poor people in the country and improve the existing social aid systems.

The basic income or universal income is an amount allocated to the population at a specific periodicity, individually and unconditionally. An official ANC document, relayed by Bloomberg, revealed the amount is R500 ($32) for citizens aged 19 to 59 who are […]

CERB controversy should spur basic income development

CERB controversy should spur basic income development

The Canadian Emergency Response Benefit CERB put cash in people’s hands, quickly, when COVID-19 hit. It was a smart and remarkable achievement. It looked like the beginnings of a basic income — but it wasn’t quite. It left out people who needed it. It got complicated with conditions, changes, interactions with other emergency benefits, and with provincial and territorial regimes. It confused applicants and recipients as their circumstances changed.

Now, CERB repayment demands are causing hardship, and while amnesty is needed that’s only a temporary reprieve, for some. The pandemic’s viral and economic toll is still rising. Long-standing inequalities and […]

Salaries in finland

salaries in finland 5 years, Women: 83. The basic income experiment was one of the key projects formulated in the program of Finland’s current government led by Prime Minister Juha Sipilä. By experimenting with basic income, Sipilä’s government tried to find out whether the introduction of a basic income could make the social security system in Finland more inclusive and further increase the labour supply. 40$ (839. Canada Physiotherapists in Canada earn between $36000 and $72000 a year. A person working in Finland typically earns around 4,690 EUR per month. Jul 07, 2016 · I discuss my own taxes […]

How Universal Basic Income Could Save Lives in a Pandemic

How Universal Basic Income Could Save Lives in a Pandemic

A basic income introduced early in the pandemic would have reduced pressure on employees to go to work even if they were sick, says Evelyn Forget. Photo by Ashwini Chaudhary. Emergency benefits showed the value of ensuring all Canadians are guaranteed enough money to meet basic needs.

Opinion by: Moira Wyton

A basic income program could have saved lives and reduced COVID-19 transmission when the pandemic struck last spring, says one of the country’s leading experts.And basic income, as both a health and a poverty reduction policy, could still help people weather the second wave and those to come, […]

Pros and Cons of Universal Basic Income

Pros and Cons of Universal Basic Income

Universal basic income, or UBI, is a modern-day concept under which the government distributes cash payments to all. This concept has been around since Thomas More proposed a basic income to everyone in Utopia , written nearly 500 years. Once a radical plan, UBI has its advocates from the political left and right in the US, and globally.

From then to now, many people, from Thomas Paine to Andrew Yang , have been closely associated with UBI in various forms.

Two past efforts of universal basic income stand out. “The Freedom Budget For All Americans” Dr. Martin Luther King Jr. worked […]

Economists, scientists say the government should pay you to stay home to end the pandemic

Economists, scientists say the government should pay you to stay home to end the pandemic

Not even the most conspiratorial pandemic truther would deny that the best way to prevent the spread of the coronavirus — or any airborne pathogen, for that matter — is to avoid human contact. Thus, perhaps unsurprisingly, countries that enacted total lockdowns and paid citizens to stay home dispensed with the coronavirus much more quickly than the United States, which continues to set daily records for new infections.

Here, the obsession with keeping the economy thrumming has meant that true, full lockdowns never quite happened. Common sense would seem to suggest that — if the government really wants to help […]

Yang-backed group wants $2,000 coronavirus relief checks split into installments – Roll Call

Yang-backed group wants $2,000 coronavirus relief checks split into installments - Roll Call

President-elect Joe Biden’s push to increase direct payments to U.S. households to $2,000 in a new round of pandemic relief is getting a rethink from advocates who believe it’s a better idea to distribute the money on an installment plan.

Humanity Forward, an advocacy group founded by former Democratic presidential contender Andrew Yang, said Monday it is working with a group of lawmakers on a bill that would offer $500 monthly payments for four months.

Such a plan would move pandemic relief a step closer to what was the centerpiece of Yang’s campaign: a “universal basic income” provided through $1,000 monthly […]

South Africa: Cyril Ramaphosa does not close the door to a permanent basic income

South Africa: Cyril Ramaphosa does not close the door to a permanent basic income

South Africa: Cyril Ramaphosa does not close the door to a permanent basic income

Nkaneng slum in Marikana, August 15, 2013. REUTERS / Siphiwe Sibeko

Text by: RFI Follow2 minSince the start of the pandemic, with restrictions put in place to combat the virus, many South Africans have found themselves without resources.The government then set up a monthly aid, of 350 rand (about twenty euros), for all those who do not have a job and do not receive other social assistance.This boost was to end soon, but it could give way to lasting aid.PublicityRead more With our correspondent in […]