Tag: basic income

UBI is not the answer any more than the work houses were in the 1800s.

Universal health care or a socialized medical system might work along with government supported food banks, housing and education as all of these can be deemed human rights to some degree. Personal wealth or income will never be a human right for very long before the state twists it into a privilege or entitlement that can be taken away from those who do not toe the line.

UBI sounds like a good idea until you consider the eventual consequences of such a scheme. I’m not just […]

Full Post at news.ycombinator.com

Covid-19 was the trigger for an economic collapse waiting to happen. There will be other triggers. The challenge is to build a new income distribution system that will provide society, and every individual, with much greater resilience.

What has produced the fragility, in Britain and globally, is the evolution of rentier capitalism, in which more and more of the income flows to owners of financial, physical and so-called intellectual property. In the UK, the value of financial corporations’ financial assets has risen to over 1,000 per cent of GDP. Meanwhile, private riches have risen from about 300 per cent of […]

Full Post at www.wired.co.uk

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The COVID-19 pandemic has upended the idea of “work.” With face-to-face contact now risky, entire industries—like retail and food service—have been devastated, while the office as we know it, at least for the moment, is dead. Our interactions with customers and colleagues are muffled by face masks or mediated by the pixelated coldness of a computer screen. Work for many Americans is now alienating and isolated—assuming there’s a job at all.

The pandemic is dehumanizing work in other ways, as companies accelerate efforts to swap out vulnerable humans with virus-proof machines. Robots serving cappuccinos in Tokyo coffee shops might be […]

Full Post at washingtonmonthly.com

Expand Stock image ‘This wouldn’t happen under Hitler,’ Mattie McGrath said as he opposed lockdown legislation in the Dáil.

Mattie should be aware that if this virus is not brought under control, it could do more damage than Hitler ever did!

Seamus McLoughlin Keshcarrigan, Co Leitrim Virus won’t halt Halloween – let’s keep the spirit alive Children can’t go ‘trick or treat’ around the neighbourhood this Halloween, but can still enjoy the traditional celebrations.They can dress up in costumes for a night of scary fun at home on Saturday October 31.They’ll have fun carving out, on a pumpkin, […]

Full Post at www.independent.ie

Evelyn Forget is author of Basic Income for Canadians: From the COVID-19 Emergency to Financial Security for All . Sheila Regehr is chair of the Basic Income Canada Network.

Last month’s Throne Speech committed to the creation of a new Canadian Disability Benefit for persons with disabilities – that’s good news. The details remain vague, but some disability advocates have long championed a basic income for people with disabilities. The new Disability Benefit may offer a step toward that reality.

Basic income is a guarantee that no Canadian will have to live on an income far below the poverty line. […]

Full Post at www.theglobeandmail.com

The COVID-19 pandemic has forced governments around the world to take unprecedented action to avert a health calamity. Canada has turned out to be one of the most aggressive countries for citizens who were struggling financially. Like its peers, Canada has suffered huge job losses following widespread lockdowns.The federal government introduced the Canada Emergency Response Benefit (CERB) in March 2020, which enabled Canadians to quickly request a payment of $ 2,000 / month through the Canada Revenue Agency (CRA ).

Some suspected that this could be the basis of what will one day become a guaranteed basic income. Could this […]

Full Post at www.fr24news.com

Ad #Covıd-19, Brian Keegan Brian Keegan : Basic income could be Covid-19 legacy

Brian Keegan : Basic income could be Covid-19 legacy

Sun, 25 Oct, 2020 – 13:23Brian KeeganUsually, around this time of the year, much of the public and business discourse still centres around the budget and the Finance Bill which, in accordance with the normal rules, was published last Thursday.If tax was the focus in previous years, it is the benefits provided via the budget announcements outlined within the Finance Bill, which are focusing minds now.The government supports and benefits provided to help cope with the first […]

Full Post at headtopics.com

This week on 60 Minutes, correspondent Norah O’Donnell interviewed former Vice President Joe Biden, the Democratic nominee for president. It was the third time O’Donnell has interviewed him for the broadcast. She also spoke with Mr. Biden’s vice presidential running mate, California Senator Kamala Harris. Joe Biden: The 60 Minutes 2020 Election Interview

President Donald Trump: The 60 Minutes 2020 Election Interview

Moments from 60 Minutes interview with President Trump The wide-ranging interviews covered everything from coronavirus and the economy to foreign affairs and the Supreme Court. Here are five key moments from the Democratic nominees’ […]

Full Post at www.cbsnews.com

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A basic income for all adults of $18,500 a year, tapering off as work-related earnings increase, would lift tens of thousands out of poverty and dramatically reduce inequality in Australia.As employment and earnings are hit by COVID-19 disruptions, three academic experts have evaluated the costs of a payment that would go to most people of working age regardless of their employment status. A basic income for adults would reduce inequality in Australia. Credit:Dominic LorrimerTheir proposed Australian Basic Income is comparable to a universal […]

Full Post at crywnews.com