Tag: guaranteed income

A basic income (also called basic income guarantee, Citizen’s Income, unconditional basic income, universal basic income (UBI), or universal demogrant) is a form of
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The Case for Free Money Why don’t we have universal basic income?
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The Case for a Universal Basic Income. A UNIVERSAL BASIC INCOME. If you know someone who is unemployed, underemployed, or without job security, you may want to look www.basicincome.com Daniel Raventós is a lecturer in Economics at the University of Barcelona and author inter alia of Basic Income: The Material Conditions of Freedom (Pluto Press, […]

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Gun violence continues to plague us.

No, I’m not thinking of the recent shooting of congressional representatives in Virginia. I’m not thinking about terrorist attacks. I’m not thinking of police brutality.

Rather, I’m thinking of the shootings on our streets, which typically do not make national news but nevertheless shatter lives and break hearts. Three of hearts: public domain image Most everyone wants the violence to stop. Bullets fly, people die, mothers cry, we demand change — and yet the violence continues year after year.Current methods aren’t effective. Clearly, we need to try something different.Here are some concrete changes we could […]

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Facebook Founder and CEO Mark Zuckerberg delivers the commencement address at the Alumni Exercises at Harvard’s 366th commencement exercises on May 25, 2017 in Cambridge, Massachusetts. What if everyone, no matter what age, economic status, location or household size, was guaranteed a minimum income? Mark Zuckerberg of Facebook and Tesla’s Elon Musk , among other Silicon Valley giants, believe this idea, called universal basic income, will provide greater economic security–especially for those whose jobs could be lost to the automation and artificial intelligence technologies sweeping the world.

Universal basic income offers a baseline paycheck for everyone, regardless of […]

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It is better to have enough financial security to work for no pay than to receive payment directly for the same work — or, at least, this has been my own experience as a volunteer in the basic income community.

If my first year of active involvement in this community has done one thing to bolster my own support for a basic income, it has been this. I began my work for Basic Income News as a “pure volunteer,” later dabbled in crowdfunding, and eventually received a grant for my work. Through it all, I have come to believe […]

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“The Japanese protect their culture.”

That is true, but they are still racists. As one who has spent considerable time in Japan,and has a daughter who lived there for a number of years and speaks the language fluently, I have seen how they operate first-hand. Also, they are lemmings doing their government’s bidding. Why are most private automobiles white? Because the government “suggests” that that is what the people should do. I remember while I was in Tokyo one time, a small child, late for school was caught by the automatic gate into the school yard and was killed. There […]

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Universal basic income (UBI) is a model for providing all citizens of a country or other geographic area with a given sum of money, regardless of their income, resources or employment status. The purpose of the UBI is to prevent or reduce poverty and increase equality among citizens.

UBI is also known simply as basic income. According to the advocacy group Basic Income Earth Network (BIEN), the essential principle behind basic income is the idea that all citizens are entitled to a livable income, whether or not they contribute to production and despite the particular circumstances into which they are […]

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The Moon Jae-in administration last week signaled the importance it places on job creation by proposing a $10 billion supplementary budget aimed at improving work prospects and fighting record youth unemployment.

Korea finds itself in the enviable position of having the financial clout to address the problem. Its government debt is among the lowest for OECD economies and its 2017 fiscal deficit is expected to amount to only 1.7 percent of gross domestic product.

The goal of the new spending program will be on creating 100,000 more jobs, including 66,000 in the public sector, while providing subsidies for start-ups and support […]

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Why is it that in a rich country like the U.S., poverty continues to affect 50 million citizens, about 15 percent of our citizens? At the other end, the top 0.1% of our citizens receive 40% of all income and own 40% of all our wealth. Numerous studies show that our income distribution, instead of getting more equitable, is growing more inequitable over time.

Is this an inevitable feature of capitalism? Those with capital continue to grow richer. Those without capital can only sell their labor and in a market where capital is replacing labor, the number of jobs and […]

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There is something wrong with our system when I can leave here and make billions of dollars in 10 years while millions of students can’t afford to pay off their loans, let alone start a business,” observed Facebook creator Mark Zuckerberg in his commencement speech at Harvard University last May 25. Only 12 years ago, he dropped out of what is considered the top university in the world, which has now awarded him an honorary doctorate. He went on: “I know a lot of entrepreneurs, and I don’t know a single person who gave up on starting a business […]

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For me, a job-unconditional basic income guarantee was simply a part of the life to which I grew accustomed as a young adult. In this piece, I describe how this experience has influenced my hopes and expectations concerning the effects of basic income as a policy. The Author (circa early Graduate School) Entering college as a scholarship student, I moved directly into a life in which I received a monthly living stipend that was not conditional on holding or looking for paid employment. There were, of course, some other conditions on the funding; I was, for instance, required to […]

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