Tag Archives: income

(609) BIG/UBI presentation

Toy_robotA nice explanation of what the Basic Income Guarantee or Universal Basic Income would be all about from the author of Robots Will Steal Your Job.  We need this now: spiritually, morally, economically and for practical reasons.

What if everybody got free cash? Myths and facts about Unconditional Basic Income. Frederico Pistono at at the Future of Work Summit, NASA Ames Research Park, CA, June 30, 2014 YouTube 28:09

see also:(573) Basic income conference
(509) Guaranteed basic income and the ‘swarm economy’

image: Jonathan McIntosh via Wikimedia Commons

(575) $20k

Canada-GooseYou know, Canada Day would be the perfect day on which to launch a guaranteed minimum income for all.  Happy Canada Day.

Guaranteed $20K income for all Canadians endorsed by academics. Advocates enjoy resurgence of plan to ease poverty cbc.ca

Are Canadians worth 20k a year guaranteed? ctvnews.ca

image: A Canada Goose (Branta canadensis) skimming over ice at the Inglewood Bird Sanctuary in Calgary Alberta. Photo by Chuck Szmurlo via Wikimedia Commons

(549) Minimum income: is anyone listening in Ontario?

HELPING HANDSSenior Tory Hugh Segal was in the GTA this week advocating for a guaranteed minimum income.  With an election underway you’d think we’d be all over this.  Kinda weird, since a guaranteed minimum income “…could pretty much eliminate poverty entirely.”  With a bit of a push?

No taxpayer left behind. A plan to guarantee Ontarians a minimum income is gaining little traction, even though the same basic idea already helps keep our seniors out of poverty The Grid

image: bystanders help motorist in bad conditions – NARA via Wikimedia Commons

(509) Guaranteed universal income and the ‘swarm economy’

Swarm EconomyMost advocates of guaranteed national minimum incomes argue in favour of such a tool as a direct way to combat the ill effects of poverty and social difficulty in complicated economic environments.  Business arguments in favour of minimum incomes are perhaps more important in certain places when it comes to seeing them enacted.  We were really intrigued to come across a piece at Falkvinge & Co. sensibly advocating for minimum income from the point of view of high technology management and digital entrepreneurship in a dangerous, fast-moving future economy.  That economy will feature serious insecurity for working people while being rich in opportunities and rewards for innovative behaviour in new environments.  The country, city or region that best nurtures the dynamic players in the risky new world will be the ones to thrive.  How best to do that?

Falkvinge.net is as close as you can get to the forward-most positions of the new economy.  Perspectives and opinions there are edgy and sensible.  How will a new Bill Gates evolve if she is trapped in a dead end job in the suburbs, wasting all her time and energy getting to and from insecure work that barely pays for a minimum dignity of life?  How will the rest of us find our way as well?  A guaranteed minimal income could help organize the most powerful aspects of the future economic life of places willing to adopt one.  This argument is pure business: pure self-interest of a radical kind.

What a contrast to the embarrassing words of those who fight increased minimum wages in North America, let alone a guaranteed universal income, on the basis they would hurt business or reduce personal incentive to participate in the economy.  This piece makes a case for a guaranteed income as a powerful tool that acknowledges reality and supports high quality entrepreneurship in a decentralized, increasingly open source world .  This profoundly reverses opinions like those of TV businessman Kevin O’Leary.  The latter’s recent cranky assertion that global poverty and the spectacles of wealth will somehow inspire future entrepreneurship seems quite mentally ill when read next to material such as this:

More thoughts on the coming swarm economy