Tag: basic income

Socialism is a scary word to most Americans because they do not understand how it works. Most people think socialism is the same as communism, even though it is completely different. Socialism simply describes a system of government that works to benefit the entire community. Currently, Americans are living in a corporatist society which only works to benefit major corporations and the wealthy. If there is hope for improving America and making it work for everyone living here, we need to shift from corporatism to socialism.

We already have socialist programs in place, but they are not doing enough to […]

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Systemic, radical changes in the United States are now in the cards. You can feel it in the news and in the streets, even with COVID-19 acting as a damper on protests. But we haven’t had much discussion of what specifically these changes should be. We know—though mainstream economists still haven’t figured it out—that economic growth isn’t the answer: we have hit the limits to growth . We need a basic income: a guaranteed cash payment to all adult citizens sufficient to support a minimal lifestyle.

Now you’re probably saying to yourself, “OK, basic income: possibly a good idea. But […]

Full Post at animalpeopleforum.org

A universal basic income (UBI) could be a cornerstone of the shift to a “climate-safe economy”, and it’s time for the environmental community to embrace the concept, its advocates say.

“Proponents say the benefits of UBI are far-reaching, and that a stable source of income could help lift folks out of poverty; allow people to better balance responsibilities like caring for family members or pursuing a degree; encourage personal freedom; provide security for the self-employed; and simply allow people to work less,” The Revelator writes . Like this story? Subscribe to The Energy Mix and never miss an edition of […]

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SDLP leader Colum Eastwood Over the course of the last number of months, people have made immense sacrifices to keep their friends, family and communities safe. Lockdown has been difficult for us all mentally, emotionally and, for far too many, financially.

The introduction of Covid-19 wage subsidy schemes for those on furlough and for the self employed have demonstrated that an economic model that puts people at its centre isn’t impossible. We can prioritise providing everyone with a stable income that allows them, in turn, to provide for their families. That’s part of the reason why, along with my colleague […]

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Pavlina Tcherneva, a Bard professor and one of the economists pioneering research into Modern Monetary Theory, saidfederally guaranteed jobs may address poverty and help communities better than universal basic incomes.
BusinessInsider USA Images The coronavirus pandemic wiped out millions of jobs, and one report estimated that 17.6 million unemployed Americans may not return to their pre-pandemic jobs .

Tcherneva said guaranteeing a public service job could lead to improvements on community-wide issues like public health and access to food while eradicating unemployment completely.
After the coronavirus pandemic has wiped out millions of jobs and left many […]

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Latasha Carrington and her husband and children have been selected for a cash- and food-assistance program targeting D.C. families living in Ward 8. (Katherine Frey/The Washington Post) Life was never going to be easy for Latasha Carrington. She has known that since she was a child. In her teens she spent five years in foster care, with 15 families. She had her first child at 19. Now, at 31, Carrington is the mother of seven, sharing a cramped apartment with her husband and children in the District’s Ward 8, where 31 percent of families live in poverty in one […]

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I believe that I have had an epiphany. As with most epiphanies, I have just started to understand some of the implications of climate change on economics, and now have a better understanding of a possible solution for many of the concerns. A solution that at least some others have been thinking about.

The following economic impacts will occur over the time frame of shifting the economy off carbon fuels:

There will be an increase in unemployment. This will be a minor portion of the economy and a continuation of employment reductions from technical changes. The employment changes will be of […]

Full Post at www.pentictonherald.ca

OTTAWA – The Parliamentary Budget Office says it could cost more than $ 98 billion to provide almost all Canadians with basic income for six months starting in the fall. This figure is the top range of scenarios that the budget watchdog was asked to research in a report released Tuesday morning.

The idea of ​​providing basic income to Canadians gained momentum as millions of people lost their jobs or their income during the COVID-19 pandemic, and the federal government plans to spend approximately $ 174 billion to provide a financial floor for individuals and businesses.

Finance Minister Bill Morneau and […]

Full Post at www.fr24news.com