Stockton, California is launching the first basic income experiment in the US

January 30, 2018 by  
Filed under Business, Eco, Green

Comments Off on Stockton, California is launching the first basic income experiment in the US

Stockton, a city of 300,000 located in California ‘s Central Valley, will soon become the first city in the United States to launch a universal basic income experiment. Certain citizens will receive $500 a month, no strings attached, with the idea of helping people who are struggling economically to thrive. One in four people in Stockton live below the poverty line, thanks to wage stagnation, job loss and rising housing costs, and this move will be an experiment in seeing how a little help can make a big difference in the lives of people who need it. With support from the Economic Security Project (ESP), a basic income advocacy group co-led by Facebook co-founder Chris Hughes, Stockton is starting a trial program known as  Stockton Economic Empowerment Demonstration  (SEED) to test how basic income may impact city residents and the local economy. Stockton’s 27-year-old mayor Michael Tubbs first encountered basic income in the writings of Dr. Martin Luther King Jr., who supported a guaranteed income . Elected in November 2016, Tubbs is the city’s first Black mayor and its youngest mayor ever. “I can see the radicalness, but I’m trying to solve the questions that every community has,” Tubbs told Business Insider. Tubbs envisions universal basic income as one component of a local economic development plan, including investments in education, to empower workers to get ahead in an economy that has otherwise been skewed against working-class Americans . Related: Cities in Scotland to start universal basic income trials Tubbs is skeptical of the idea that basic income would cause people to become lazy and inactive. “In our economic structure, the people who work the hardest oftentimes make the least,” Tubbs said . “I know migrant farm workers who do back-breaking labor every day, or Uber drivers and Lyft drivers who drive 10 to 12 hours a day in traffic. You can’t be lazy doing that kind of work.” The specific structure of Stockton’s basic income program is still being developed. However, Tubbs has said that he wants the trial to include people with middle-class and upper-middle-class incomes as well as those in need. He believes that what’s happening in Stockton reflects a broader movement in the United States . “For whatever reason, in this country, we have a very interesting relationship with poverty , where we think people in poverty are bad people,” Tubbs said . “In the next couple years, we’ll see a larger national conversation.” Via Business Insider Images via Deposit Photos ,  Jason Jenkins/Flickr and  Michael Tubbs for Mayor

See the original post here:
Stockton, California is launching the first basic income experiment in the US

Finland is giving 2,000 citizens a free basic income of 560 Euros a month

January 3, 2017 by  
Filed under Business, Eco, Green

Comments Off on Finland is giving 2,000 citizens a free basic income of 560 Euros a month

As of January 1, 2017 Finland is providing 2,000 unemployed citizens with a basic income of 560 Euros every month for two years. The nation hopes that the experiment will improve quality of life for its citizens while opening up new jobs. Helsinki University social policy professor Heikki Hiilamo told The New York Times : “Basic income is kind of a symbol that we believe in your capacity and we think that you are actually able to do things which are beneficial to you, and also for your community. It’s built on a kind of a positive view of human beings. People want to be autonomous. They want to improve their well-being.” If you currently collect unemployment in Finland, you risk losing your benefits if you start to bring in side income. The country has discovered that the regulations behind this safety net effectively deter people from seeking part-time jobs. Starting a new company or joining a startup is also risky, and many people need the reliability of an unemployment check. In contrast, those receiving basic income under the new experiment won’t risk losing a steady income if they start making money on the side. Related: Ontario is rolling out a basic income test for citizens living under the poverty line Over two years, the Finnish government will watch how people utilize basic income. Will they take a risk in business , or will they pursue higher education to secure better jobs? Will they sit on a couch at home playing video games? The government will randomly choose unemployed citizens to receive 560 Euros, or around $580, each month. The Social Insurance Institution of Finland (Kela) will implement the experiment. Kela’s research department head Olli Kangas told The New York Times, “Some people think basic income will solve every problem under the sun, and some people think it’s from the hand of Satan and will destroy our work ethic. I’m hoping we can create some knowledge on this issue.” Via The New York Times Images via Pixabay and Wikimedia Commons

Here is the original post:
Finland is giving 2,000 citizens a free basic income of 560 Euros a month

Finland is giving 2,000 citizens a free basic income of 560 Euros a month

January 3, 2017 by  
Filed under Business, Eco, Green

Comments Off on Finland is giving 2,000 citizens a free basic income of 560 Euros a month

As of January 1, 2017 Finland is providing 2,000 unemployed citizens with a basic income of 560 Euros every month for two years. The nation hopes that the experiment will improve quality of life for its citizens while opening up new jobs. Helsinki University social policy professor Heikki Hiilamo told The New York Times : “Basic income is kind of a symbol that we believe in your capacity and we think that you are actually able to do things which are beneficial to you, and also for your community. It’s built on a kind of a positive view of human beings. People want to be autonomous. They want to improve their well-being.” If you currently collect unemployment in Finland, you risk losing your benefits if you start to bring in side income. The country has discovered that the regulations behind this safety net effectively deter people from seeking part-time jobs. Starting a new company or joining a startup is also risky, and many people need the reliability of an unemployment check. In contrast, those receiving basic income under the new experiment won’t risk losing a steady income if they start making money on the side. Related: Ontario is rolling out a basic income test for citizens living under the poverty line Over two years, the Finnish government will watch how people utilize basic income. Will they take a risk in business , or will they pursue higher education to secure better jobs? Will they sit on a couch at home playing video games? The government will randomly choose unemployed citizens to receive 560 Euros, or around $580, each month. The Social Insurance Institution of Finland (Kela) will implement the experiment. Kela’s research department head Olli Kangas told The New York Times, “Some people think basic income will solve every problem under the sun, and some people think it’s from the hand of Satan and will destroy our work ethic. I’m hoping we can create some knowledge on this issue.” Via The New York Times Images via Pixabay and Wikimedia Commons

See the rest here:
Finland is giving 2,000 citizens a free basic income of 560 Euros a month

Ontario is rolling out a basic income test for citizens living under the poverty line

November 16, 2016 by  
Filed under Eco, Green

Comments Off on Ontario is rolling out a basic income test for citizens living under the poverty line

Earlier this year Canadian officials in Ontario indicated plans to test a basic income project. Now they are moving forward with a 2017 start date. Ontario citizens living under the poverty line will receive a certain amount of money each month with no strings attached. Conservative strategist Hugh Segal thinks the project could help Canada determine whether a basic income will reduce pressures on healthcare spending and encourage people to work. The government tasked Segal with exploring the idea, and he released a lengthy discussion paper around the end of the summer. He noted the pilot project is meant to provide evidence on how the program might improve lives. For example, as opposed to traditional welfare programs, the money could responsibly help people working low-paying jobs and might strengthen motivation to work. Segal argued in his paper that current eligibility programs are seriously demeaning, and can only go so far in alleviating poverty. “Our present social assistance system imposes limits on economic progress, often keeping welfare recipients from entering the economic mainstream,” he wrote in his paper. Related: Canada is planning to give people free money, just for being citizens In an interview with The Guardian, Segal said basic income could “give people a floor beneath which they’re not allowed to fall.” Under the pilot project, citizens 18 to 65 under the poverty line will receive $1,320 every month, and disabled people will receive $1,820. People will receive basic income whether they are employed or not. According to Big Think, the basic income idea has bipartisan appeal because it could totally shake up the welfare system and provide people with opportunities. Segal said for Ontario to get a true sense of whether or not the project is working, the basic income experiment should run for a minimum of three years. Via Big Think and The Guardian Images via jsnsndr on Flickr and Dennis Jarvis on Flickr

Read more: 
Ontario is rolling out a basic income test for citizens living under the poverty line

Swiss voters to decide on $2500/mo ‘unconditional basic income’ initiative this Sunday

June 2, 2016 by  
Filed under Eco, Green

Comments Off on Swiss voters to decide on $2500/mo ‘unconditional basic income’ initiative this Sunday

Switzerland ’s proposed ‘ unconditional basic income ’ (UBI) could become an official policy as early as next week. On Sunday, voters will decide whether every Swiss man, woman, and child should receive a monthly no-questions-asked payment designed to help alleviate the stress of paying for basic needs. Campaigners for UBI have fought hard for several years to bring the question to the public, but analysts say it’s unlikely to pass. A recent poll showed 72 percent of voters are inclined to reject the proposal, following advice from the Swiss government and most of the country’s political parties. In an effort to rally support for the initiative, its campaigners hit people where they can feel it: their bank accounts. The campaign raised funds to hold a lottery of sorts, in which one citizen will be paid 2,500 Swiss Francs per month for a year—the amount proposed under the UBI policy. With a monthly check like that, supporters of the initiative argue that it would become much easier for Swiss citizens to have children, pursue higher education or job training, and it would diminish or potentially eliminate the need for some social programs geared toward low income residents. Related: Switzerland might pay all citizens a 2,500 Franc basic income every month The ballot measure for Sunday’s vote, if approved, would translate into a monthly payment of $2,500 for each adult citizen, as well as around $625 per month for each child. Foreign residents who have lived in Switzerland for more than five years would also be eligible for the payments, under the initiative. Finland and Holland are preparing to experiment with similar programs, and some cities in Canada and Spain are considering it as well. Imagine what your family could do, if you didn’t have to worry as much about paying for basic needs. Via Phys.org Images via Pixabay  and Peter Gronemann/Flickr

See more here: 
Swiss voters to decide on $2500/mo ‘unconditional basic income’ initiative this Sunday

Dutch cities to experiment with guaranteed basic income for residents in 2016

December 30, 2015 by  
Filed under Green

Comments Off on Dutch cities to experiment with guaranteed basic income for residents in 2016

Twenty Dutch cities are making an unconventional attempt to combat poverty. Officials in these municipalities are rolling out a program to provide equal monthly payments to small groups of citizens , no questions asked. The capital grants are a form of “ basic income ” meant to provide a measure of financial security that frees people from the worries of survival and allows them to follow their dreams. The radical concept will be rolled out on a date yet to be determined to a small number of claimants in hopes they can escape the ‘poverty trap’ and contribute to a more prosperous society. Read the rest of Dutch cities to experiment with guaranteed basic income for residents in 2016

Read the original post: 
Dutch cities to experiment with guaranteed basic income for residents in 2016

Bad Behavior has blocked 2263 access attempts in the last 7 days.