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Basic Income in the Mainstream Media

The New York Times - Basic Income

The Guardian - Basic Income. RT - Basic Income. The Washington Post - Basic income. Business Insider - Basic Income. The Economist - Basic Income.

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The Independent - Basic Income

BBC - Basic Income. Fox News - Basic Income. CNN - Basic income. NBC - Basic Income. MSNBC - Basic income. Vox - Basic Income. Bloomberg - Basic Income. Forbes - Basic Income. The Telegraph - Basic Income. Pieria - Basic Income. NewStasteman - Basic Income. FT - Basic Income. Rolling Stone - Basic Income. Al Jazeera - Basic Income. Switzerland referendum.

TVO (Canadian TV Station)

Phoenix (German TV station) CBC News (Canada) Others. New Scientist. How to Cut the Poverty Rate in Half (It's Easy) - Matt Bruenig and Elizabeth Stoker. In the United States, we are generally told that poverty is a deeply complicated problem whose solution requires dozens of reforms on issues as diverse as public schooling, job training, and marriage.

How to Cut the Poverty Rate in Half (It's Easy) - Matt Bruenig and Elizabeth Stoker

But it’s not true. High rates of poverty can, as a policy matter, be solved with trivial ease. How? By simply giving the poor money. Last month, the Census reported that 46.5 million Americans, or 15 percent of the population, lived under the poverty line in 2012. We already do quite a bit to reduce poverty, both officially and unofficially. On the unofficial side of the ledger—programs not counted as income for poverty purposes—we have things like SNAP (food stamps), Section 8 housing vouchers, the Earned Income Tax Credit, and the Child Tax Credit, among others. So we know generally how to bring folks out of poverty. How hard would it be, for instance, to cut official poverty in half? Could we afford it? The point is: this could be done. The appeal of such a program is immense. Zipcar Cofounder Wants Basic Income for All. © Time Inc.

Zipcar Cofounder Wants Basic Income for All

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The Mirror

Evening Standard. Metro. Daily Mail. If you were handed $1,100 a month, would you amount to anything? Would Germany be a better place if each citizen received a no-strings-attached government check for $1,100 a month?

If you were handed $1,100 a month, would you amount to anything?

Would people still get out of bed each day and go to work or do something else productive even with that unconditional basic income of 1,000 euros, less than half the average German monthly wage, but more than twice what those on welfare receive? Those are among the questions being examined in a small real-life experiment called "Mein Grundeinkommen" (My Basic Income) taking place in Germany — where 26 people thus far are being given $1,100 a month to do whatever they want with.

The privately operated project, financed by crowdfunding donations, has injected new life into an old debate in Germany about utopian ideals. ABC Radio - Leading Marxist analyst Erik Olin Wright on the anti-capitalist movement on RN Breakfast. ABC Radio - Leading Marxist analyst Erik Olin Wright on the anti-capitalist movement on RN Breakfast Skip to main contentSkip to audio player Loading results...

ABC Radio - Leading Marxist analyst Erik Olin Wright on the anti-capitalist movement on RN Breakfast

Leading Marxist analyst Erik Olin Wright on the anti-capitalist movement on RN Breakfast with Fran Kelly on RN Tuesday 4th August Summary You might think with the end of the cold war and the fall of the Berlin Wall that Marxism is now obsolete. More about this show on the RN website. Could UBI be the answer to filtering money into the economy? Unconditional basic income is no worse than quantitative easing Unconditional basic income is a hot topic at the moment.

Could UBI be the answer to filtering money into the economy?

The people of Switzerland, for example, are currently preparing for a national referendum on whether they should pay themselves a yearly income of CHF 30,000 (about £20,000), even if they don’t work. Other groups, such as Basic Income UK, have made similar proposals, though most have suggested a figure around £7,000 per year, which would be easier to fund than the deluxe Swiss version. The idea of paying citizens an unconditional basic income has been around for some time, and has been tested on a small scale in a number of countries. To many people, it sounds like a utopian scheme.

Even Milton Friedman thought it was a good idea (though his version was called negative taxation), since he thought it would shrink the size of government and therefore pay for itself.

Euronews - Basic Income

Would an unconditional basic income save democracy or breed laziness? Switzerland, the home of Sepp Blatter and more secret bank accounts than you can shake a slab of Emmental at, is an unlikely trailblazer for equality.

Would an unconditional basic income save democracy or breed laziness?

But next year one of the world’s richest countries will have a chance to become Europe’s first to introduce a basic income for all its citizens. The notion of a basic income – a living wage provided by the state to every adult, regardless of whether they’re in employment – has been knocking about since the 16th century, with little traction. Progressive thinkers such as Thomas Paine and Bertrand Russell were fans but, in every age, predictable objections kicked in: it would be too expensive; it would be open to abuse; it would make people lazy. European campaigners are now trying to demolish these arguments one by one in the public mind. Just give welfare to everyone.

If you were designing a welfare state from scratch, how would you do it?

Just give welfare to everyone

What would be your first organizing principle? A lot of Americans left, right, and center would say it's good to spend money on the people who need the help. As a basic budgetary matter, welfare state money spent on people who already have money is wasteful. Targeting keeps the costs of programs down. As a broader matter of principle or fairness, it's best to avoid giving money to people who don't need assistance. But while targeting sounds rational in the abstract, it may be self-defeating in practice. Poverty can socially mark people in their community and in the public discourse: as lazy, as lacking virtue, as unworthy.

More Perspectives. Finland considers universal basic income under social reform plans. HELSINKI Finland may replace part of its social security net with a universal basic wage as it looks to rein in state spending, if a pilot project recommended by government advisors succeeds.

Finland considers universal basic income under social reform plans

A government-commissioned working group on Wednesday proposed a tax-free monthly wage of 550 euros for the two-year pilot, to start next year and involve up to 10,000 adults of working age. That sum, roughly equal to the unemployment and welfare assistance that covers food, personal hygiene, clothing and other daily expenses, would be supplemented, when necessary, with earnings-related benefits like housing allowance. Wage-earning participants in the project would pay the money back via increased income tax. With Finland recovering slowly from a three-year recession that ended in 2015, Prime Minister Juha Sipila's centre-right government is pushing through spending cuts of 4 billion euros (3.1 billion pounds) and a major labour reform pact to cut labour costs.

"We need experiments like this. Finland considers universal basic income under social reform plans. A Guaranteed Income for Every American. When people learn that I want to replace the welfare state with a universal basic income, or UBI, the response I almost always get goes something like this: “But people will just use it to live off the rest of us!”

A Guaranteed Income for Every American

“People will waste their lives!” Here's why the government should give you $1,000 a month. It sounds more like a pipe dream than government policy.

Here's why the government should give you $1,000 a month

It’s called Universal Basic Income, a proposed government program that would essentially give every citizen a guaranteed floor income of say $1000 a month from Washington. It’s an idea that’s been around for a while and has more credibility than you might think—and not just from left-wingers. Richard Nixon and conservative uber-economist Milton Friedman were both proponents. So too is Andy Stern, former president of the powerful Service Employees International Union and now a professor at Columbia University.

In his new book ‘Raising the Floor,’ Stern lays out the case for UBI, and he suggests that it isn’t some pie-in-the-sky notion that would never see the light of day. “It is an old idea,” Stern points out. UBI isn’t socialism, Stern says. A big question: How in the world would the government pay for this? Bottom line: UBI is an interesting idea and even better grist for debate. Idea, politics of basic income aren't new. A minimum income for everyone above a certain age, often called a basic income, is back in vogue. Several major magazines and prominent thinkers from different philosophical backgrounds say a basic income is necessary in an age where robots will replace all jobs.

Others call for a basic income to replace the current welfare system. The idea of a minimum income isn’t new. Even the term “minimum income” is found somewhat regularly in publications dating to the late 19th century. Banker Wahlroos: Basic income only viable solution in face of massive job losses. One of Finland’s staunchest defenders of laissez-faire economics, business guru Björn Wahlroos, appeared on Yle’s Ykkösaamu programme Saturday morning with bad tidings. Among other things, he said that the new digitalized market economy will lead to a dearth of middle-income industrial work and an increase in low-wage jobs. He says the biggest challenge is now to devise new jobs that are propped up by sufficient demand, as robots will soon take over the tasks associated with traditional work.

“It is clear that a massive amount of people will be eliminated from the current system,” he said, with reference to the looming automation. No new proletariat He said automation and digitalisation will leave blue-collar workers with two choices in its wake: to take a low-paid job or not work at all. “We have to careful that a new proletariat isn’t born. If we can afford our current welfare system, we can afford basic income. If we can afford our current welfare system, we can afford basic income Basic income (BI) is getting a lot of press these days. From Switzerland’s upcoming referendum to give each citizen 2,500 francs per month, to GiveDirectly’s research upending the philanthropy world, to Finland’s plan for a 2017 BI pilot, more are warming to the idea that just giving people money may be the solution to poverty.

A basic income is an income unconditionally granted to all on an individual basis, without means test or work requirement. — Basic Income Earth Network Many dismiss basic income as unaffordable. The reality is that basic income is only a form of redistribution, independent of the amount to be redistributed. That is, NIT should be attractive to those looking to simplify the suite of antipoverty programs and improve work incentives. Replacing the antipoverty bureaucracy This assortment of programs creates three key issues: Overhead. Ontario’s association of health units green lights basic income as policy Dr. Lisa Simon. By Roderick Benns Medical officers of health and boards of health members from across Ontario are now officially calling for provincial and federal governments to bring in a basic income guarantee – more momentum on an issue that is attracting national attention. The Association of Local Public Health Agencies (alPHa) is a not-for-profit organization that provides leadership to the boards of health and public health units in Ontario.

Arguments for Basic Income.

Adam Smith Institute