Tag: guaranteed income

HELSINKI: For just one hour of work, Juha Jarvinen had to fill out piles of paperwork only to see his unemployment insurance docked. But with Finland’s universal basic income test, he’s hoping for a fresh start. As of Jan. 1, a two-year experiment will see 2,000 unemployed Finns receive a monthly unconditional payment of 560 euros ($590).

If the test is successful, the plan will be rolled out nationwide, though the exact amount and conditions remain vague at this stage.

The basic income pilots have been tried in a number of countries worldwide, especially in the last decade, such as Canada, […]

Full Post at www.dailystar.com.lb

HELSINKI: For just one hour of work, Juha Jarvinen had to fill out piles of paperwork only to see his unemployment insurance docked. But with Finland’s universal basic income test, he’s hoping for a fresh start. As of Jan. 1, a two-year experiment will see 2,000 unemployed Finns receive a monthly unconditional payment of 560 euros ($590).

If the test is successful, the plan will be rolled out nationwide, though the exact amount and conditions remain vague at this stage.

The basic income pilots have been tried in a number of countries worldwide, especially in the last decade, such as Canada, […]

Full Post at www.dailystar.com.lb

The radical notion that governments should hand out free money to everyone — rich and poor, those who work and those who don’t — is gaining ground as robots replace human workers.

PARIS — I am, therefore I’m paid.

The radical notion that governments should hand out free money to everyone — rich and poor, those who work and those who don’t — is slowly but surely gaining ground in Europe. Yes, you read that right: a guaranteed monthly living allowance, no strings attached.In France, two of the seven candidates vying to represent the ruling Socialist Party in this […]

Full Post at www.djc.com

Article Attribution and Read More at: Article Source

Helsinki (AFP) – For just one hour of work, Juha Jarvinen had to fill out piles of paperwork only to see his unemployment insurance docked. But with Finland’s universal basic income test, he’s hoping for a fresh start.

As of January 1, a two-year experiment will see 2,000 unemployed Finns receive a monthly unconditional payment of 560 euros ($590).If the test is successful, the plan will be rolled out nationwide, though the exact amount and conditions remain vague at this stage.Finland’s pro-austerity, centre-right government wants to test whether the guaranteed income, perhaps […]

Full Post at www.rocketnews.com

An aerial view of Pembroke’s City Hall and the Muskrat River. Photo submitted by Jim Childerhose. When it comes to the basic income pilot project, Pembroke wants in.

On Tuesday, Mayor Michael LeMay approached council members, seeking their blessing to offer up the community as a candidate for the upcoming Ontario program, when it becomes a reality.

“Ontario’s proposed basic income pilot project is presently undergoing public input throughout the province,” he said, noting the government intends to have a plan ready for the pilot sometime this spring. Some of the questions being asked include who should be eligible, what the […]

Full Post at www.nugget.ca

So this article (link and text pasted at bottom) is from CBS, one of the branches of main-stream media. European governments are mulling a basic income since so many people are bound to be replaced by robots in the upcoming decade.

I have been wondering a few things.

> The whole point of developing machines is to eliminate the need for humans to do labor. Look at how the invention of many domestic appliances freed women up to join the workforce. The whole point of earning money is to exchange that money for various goods and services. Therefore its […]

Full Post at www.reddit.com

https://mises.org/blog/dangers-universal-basic-income

UBI is something being talked about in some countries. It is a guaranteed income for every citizen.

Some quotes:"The universal basic income shares another problem with traditional welfare systems. Far from promoting the unemployed from searching for work the market rewards, it actually subsidizes non-productive activities. The struggling entrepreneurs and artists mentioned earlier are struggling for a reason. For whatever reason, the market has deemed the goods they are providing to be insufficiently valuable. Their work simply isn’t productive according to those who would potentially consume the goods or services in question. In a functioning marketplace, producers of goods […]

Full Post at www.cougarboard.com

Benoit Hamon backs the idea of Universal Basic Income (Picture AFP Getty) It was once a radical idea, but it’s entering the political mainstream – as French politicians suggest handing a monthly wage of up to £660 to everyone, rich and poor.

Financed by higher taxes, the move would ensure people could survive, even as robots take millions of jobs in the coming decades.

Two of the seven candidates vying to represent the ruling Socialist Party in this year’s presidential election are promising modest but regular stipends to all French adults.Known as ‘universal basic income’, the idea has become popular as […]

Full Post at metro.co.uk

Experimenting Unconditional Basic Income What do people do when they’re given cash, no strings attached?

Panelists:

Joe Huston – Regional Director, Give DirectlyElizabeth Rhodes – Research Director for the Basic Income Project, Y Combinator ResearchGuy Standing – Professorial Research Associate at the School of Oriental and African Studies, University of London; Founder and Co-President, Basic Income Earth NetworkIn 2016, the policy proposal for Universal Basic Income grew more favorable in American opinion. Among many others, Andrew Stern, Rob B. Reich and Martin Ford published books advocating for a guaranteed income for all. Poverty, structural unemployment, growing inequalities, automation, and precariousness […]

Full Post at ethicsinsociety.stanford.edu

Dr. Martin Luther King, Jr. spent the last years of his life fighting poverty in America — stressing that racial struggles cannot be separated from economic ones. In his final book, "Where Do We Go From Here: Chaos or Community?" King put forward a radical economic argument, asserting the government should provide all Americans with guaranteed basic income. Martin Luther King Jr. The idea of providing basic income to eliminate poverty spread among economists in the decades after King’s death. It has been re-popularized in recent years as American workers wrestle with income inequality and the rise of technology […]

Full Post at www.attn.com