Tag: guaranteed income

> The danger for any country implementing this is that once they get into the political procee, they will chop and compromise and water down the idea until it is just another item on the big list of ingredient in the social welfare soup €212.13 per month that you qualify for while keeping everything else that exists.

Exactly this. Housing benefit while working You can already see in the article this process is happening in Finland. Low income housing benefit At first it talks about basic income, then about how the income should be below a living wage (which at […]

Full Post at financialhandbook.04p.in

Courtesy of Tribune News Service Consider the following scenario:

“It’s time to get out of the car,” the mother says as she and her four sons arrive at Walmart. The eldest son, looking at his mom, feigns a migraine and says he prefers to wait in the car. The eldest son is worried about another repeat of that embarrassing scene from the last time they went grocery shopping. His mother had flashed her government issued “poverty identification card,” or the more politically correct term, EBT card, during checkout. They had orange juice, Cap’n Crunch and some Oreos among other items […]

Full Post at www.collegiatetimes.com

>> >>114207221 (OP)

It doesn’t work that way OP, humans do not function like that.

With out a need to work, humans would need to be forced to do something to obtain an income otherwise our existence collapses. People wouldn’t self improve, they would drink and not leave their houses.Relationships would collapse even more than now, get bored with the novelty and move on.If we get to the point where we do not need most people to work, than the remaining work would need to be spread around. People would have to attend something akin to a school constantly or […]

Full Post at boards.4chan.org

If one were to ask a five-year-old what to do about poverty, the idea of giving everyone free money may come up. Although such a solution may seem childish at first glance, a guaranteed income for all citizens, regardless of wealth or employment status, may be just what the world needs to weather economic disparity in the years to come. Particularly, global leaders aim to use universal basic income (UBI) to adapt society to increasing globalization and automation of production. In addition to these rising threats, UBI would help to tackle the global issue of deepening economic inequality. Surprisingly, […]

Full Post at chsprospector.com

The City Council of Glasgow has approved a resolution to proceed with a workshop on the design of a Universal Basic Income (UBI) pilot study.

The Royal Society of Arts (RSA) previously published a report on UBI. Its authors argued that UBI is not an airy-fairy utopian vision. They say there is a strong practical case for its introduction. In their view, UBI can underpin security in the face of rapid technological changes, replace the complexity of the existing benefits system, and allow freedom and creativity to flourish. Providing security

One of Glasgow University’s top economics professors, Sayantan Ghosal, […]

Full Post at www.thecanary.co

Over fifty years ago, President Lyndon Johnson declared war on poverty and established our modern welfare programs. Since 1965 we have spent over $19 trillion fighting poverty. Our modest progress has been enormously costly.

The problems of our welfare programs have led some libertarians to embrace a seemingly big government alternative: having the government give every American a fixed amount of money every year. The idea has been labeled a Basic Income Guarantee (BIG). Despite some attractive features, I think a BIG would ultimately do more harm than good.

I will not dwell on differences among recent BIG proposals. Most propose […]

Full Post at altoday.com

Professor Sayantan Ghosal is from Glasgow University One of Glasgow University’s top economics professors has said that proposals to trial a system which would provide a guaranteed income to all residents across the city should be “applauded and encouraged”.

Professor Sayantan Ghosal has said that a proposal made by Labour to trial a Universal Basic Income (UBI) in Glasgow could be a huge boost for the city.

The trial would see randomly selected citizens from the Labour-run Glasgow City council district given a set sum of money each month, regardless of their employment status.Professor Ghosal thinks Glasgow is an ideal place […]

Full Post at www.dailyrecord.co.uk

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Source: People Before Profit IrelandHeadline: Basic Income: Good In Theory – Maybe Not In PracticeThere has been increasing interest in the idea of a basic income. The idea is currently being piloted in Finland where 2000 unemployed people will be paid €560 a month for two years regardless of whether or not they find paid employment. This figure will replace their current social welfare payment. It may also be rolled out in Fife and Glasgow after the Scottish Nationalist Party passed a motion in favour of it in May 2016. Economist Brian […]

Full Post at foreignaffairs.co.nz