Published a new article yesterday. This one's in response to Elon Musk talking about "universal high income" as opposed to universal basic income. In short, UBI can be any amount, although there are theoretical and practical limits to consider. #BasicIncome
'Godfather of AI' Geoffrey Hinton has told BBC and UK govt that a #BasicIncome will be needed to offset loss of 'mundane' jobs lost to #AI https://zurl.co/R8cV
End your week with the outstanding news that #BasicIncome has received a unanimous vote in favour from city and county reparations commission in Asheville, North Carolina https://zurl.co/FMj1
Remember that #BasicIncome initiative out of Ireland aimed at supporting artists?
It's apparently been deemed succesful enough to justify an expansion https://zurl.co/iScO
The #BasicIncome movement has the potential to unite many perspectives, and this Conservative defence of a Basic Income is worth a read- not least because poverty is not, as so eloquently posited here, a zero-sum game https://zurl.co/T9dH
New results from another completed guaranteed #basicincome pilot. This one was in Cambridge, MA where 130 people got $500/mo for 18 months. Did they work less? No. They worked MORE.
Recipients went from 36% FT employed to 40%. Those who didn't get it went from 30% to 28%. PT and seasonal employment also grew for those with the basic income.
That isn't unusual. Most of the pilots have shown increased employment.
Rural homelessness is rising six times as much as homelessness overall. I can see that; in real life, I'm seeing more and more people who are homeless being charged with trespassing, stealing, and other crimes that the police & courts like to harass homeless people with. It's time to pay a #BasicIncome and give everyone a place to stay. https://www.hcn.org/articles/what-rural-homelessness-looks-like/
I signed this and emailed my MP and asked Senators to vote YES on Bill #C223 for #BasicIncome and send it to the Committee. It's time the rich helped the rest of us.
If passed, this law would require the Minister of Finance, within one year, to create a Canada-wide framework for the implementation of a Guaranteed Livable #BasicIncome.
This law would "ensure that participation in education, training or the labour market is not required”
So, if you're not able to work, or can't for a period of time, you would still have this Basic Income.
MMT economist Bill Mitchell on job guarantees, basic income, and how the Indian National Rural Employment Guarantee Act is being corrupted by BJP neoliberalism.
Not trusting our political class is no reason to avoid introducing progressive policies – William Mitchell – Modern Monetary Theory https://billmitchell.org/blog/?p=61624
#California has spent billions in trying to stop homelessness, yet the problem keeps getting worse. The count is now approaching 200,000. One reason is that it costs so much to live there. We should call it what it is -- price gouging. Companies & landlords that do it do not deserve to exist. The other solution is simple -- cut out the middleman and just give them the money. I can spend my money better than someone else, even one acting in good faith. #BasicIncomehttps://alamedapost.com/news/california-spends-billions-on-homelessness-yet-the-crisis-keeps-getting-worse/
Unconditional #basicincome isn't some radical, futuristic idea. It's an investment in society. Think about it - wouldn't you be more likely to take a chance starting a new business if you knew your basic needs were covered? Let's stop thinking in terms of scarcity and instead choose abundance.
Unconditional #BasicIncome will be the floor beneath the tightrope of life - always there, ready to catch you if you fall. You'd have the confidence to take risks without fear of absolute destitution. UBI is about creating an environment of safety, and from safety comes creativity, innovation.