Tag: guaranteed income

In June 2016, Switzerland voted in a referendum on the topic of introducing a basic income. If it had passed, all Swiss citizens, working or unemployed, would have received about $2,500 Swiss francs for adults and 625 francs for children per month as a guaranteed stipend from the government. Image credit Switzerland would have become the first country in the world to implement such an idea. Although the Swiss Federal Council rejected the initiative in August 2014, the rejection was more of a symbolic suggestion to vote against the basic income than a consequential political action: the Swiss people […]

Full Post at steemit.com

“Toward Basic Income and a Peaceful Democratic Revolution”

By Steven Shafarman

My drive to enact a basic income – and most of my ideas about how to attract, educate, organize, and mobilize allies – arose from exploring the way young children learn to walk and talk.I first wrote about these ideas, though without the term basic income , in the mid 1980s, inspired by the analogy of “the body politic” and Abraham Maslow’s “hierarchy of needs.” Young children, as they learn to walk, outgrow crawling and leave it behind. Their basic needs are provided by parents or other […]

Full Post at basicincome.org

Guaranteed income and tax equality: what the Swiss public said no to in 2016 The ideas they dismissed included a radical plan to provide a basic income of 2,500 francs for every Swiss resident, another suggesting that foreign criminals guilty of minor crimes should be deported , and the ‘AVSPlus’ initiative which called for a ten percent increase in pension payments .

The last to be rejected, in November, had proposed Switzerland begin its withdrawal from nuclear power in 2017 .

The popular initiative that came closest to winning the public over, put to the vote in February, called for tax […]

Full Post at www.thelocal.ch

This idea has been floated before and I am at the moment unsure of whether its a good idea. I do think it is one certainly worth studying and experimenting on like some countries are doing. Basically everyone gets a guaranteed income. In exchange we save money on welfare checks (since everyone gets a government handout irrespective of other sources of income, we don’t need money to catch welfare cheats).

I can see some advantages, for example if people are guaranteed an income they may spend their time doing other things like self improvement. However it will also cause inflation […]

Full Post at bbs.stardestroyer.net

Taken from http://cdn.images.express.co.uk/img/dynamic/78/590x/Finland-money-624756.jpg. The key problem at the moment, with discourse about basic income, is that evaluations do not go beyond the superficial or the general.

The key problem at the moment, with discourse about basic income, is that evaluations do not go beyond the superficial or the general. By generalising the policy concept of the basic income – of a guaranteed income provided by the government to citizens – and therefore ignoring the specifics or the permutations of different models through which basic income could be implemented, policymakers moot perspectives which are neither conclusive nor helpful. The same tired […]

Full Post at guanyinmiao.wordpress.com

Beyond the crypto realm, universal basic income has seen a little traction.

Swarm’s DCOs claims to provide a basic income, although Slepak thinks the inner workings need further explanation.

Basic income, and especially universal basic income, requires a secure, tamper-proof ledger that can be audited by anyone to ensure the safe delivery of funds,” Slepak said. Future tech could make it easier to implement basic income. A Group Currency must identify all members (because you don’t want any one member to receive multiple incomes). Future robots will nab your job, but cryptocurrency could save your income. @scottsantens : @darcnos […]

Full Post at btc.icymi.email

The robots are coming for our jobs. Someday, they’ll take the wheel from human truckers, the plow from human farmers, the scalpel from human surgeons and maybe even the paintbrush from artists. But how exactly will society cope with the transition of jobs from human to machine hands?

The answer to that could be a basic income, a stipend provided by the state as a social safety net for displaced workers. In fact, President Barack Obama even weighed in on the idea of a basic income in a recent interview with Wired. “Whether a universal income is the right model […]

Full Post at trueviralnews.com

Basic Income

72 Pins 56 Followers Few debates highlight the many complex issues around how governments should share a nation’s wealth and resources as much as the current discourse on basic income. Also referred to as a citizen’s income, the policy generally refers to the unconditional and universal payment of a regular sum of money to a country’s residents, usually as a replacement for a range of existing state benefits such as pensions, child allowances, tax credits and unemployment payments. Poverty Economystories Economy Poverty Income Basicincome Basic Income Basicincome Economics Unconditional Basic Unconditional Basic Income #basicincome #economics #economy […]

Full Post at uk.pinterest.com

Image Credit: jeffedoe/Flickr Earlier this week, a team lead by the Executive Office of the President released a report examining automation’s potential impact on the economy. The findings were far from reassuring, especially for low-skilled workers.

The paper notes that artificial intelligence technologies could lead to economic benefits, but “[t]hose economic benefits, however, will not necessarily be evenly distributed across society.”

The White House said that other researchers have projected potential job losses in the next 20 years at anywhere from 9 percent to 47 percent, and that lower-skilled and lower-paid jobs are likely to be most at risk : Research […]

Full Post at www.payscale.com