This new fundamental right for humanity, not only would eradicate misery, it is also a way to develop non-market oriented work: such as artists, parents and volunteers. But it's also an economic measure! A basic income for all would mean supporting local business.
Therefore, it would enable us to fully exercise our citizenship.
I will start with the positive. I like how the basic income is universal, that way it does not pick winners and losers. Now the problems. First you cannot currently collect enough money to support it. Second, myself and 98% of people would go on a permanent vacation. People don't pick up garbage or process waste water because it is their passion. If robots take over most work than this will work. Until then it is a fairy tale.
Posted by Khannea Suntzu on 04/06 at 12:02 PM
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Posted by Armand on 04/06 at 01:57 PM
Cygnus cites plenty of sources above, but basically this initiative aknowleges the need to for the government to experiement with this to see how much they can give people without creating a labour shortage. I believe there is an amount that would keep people out of unacceptable poverty without removing incentive to work. They did an experiment with this in Manitoba in the 1970s and the only people who worked significantly less were teenagers and mothers with young children. If we start now with a Citizen's Income that is merely supplemental, it will make the inevitable transition to a fully automated economy easier.
Posted by Intomorrow on 04/07 at 09:43 AM
Those of you who are American must know irrespective of whether or not Basic Income would or would not remove incentive to work, the Right has no intention of instituting it. Politics in America today are extremely disingenuous: citizens pretending they want smaller govt. Everyone is lying to everybody else.
Posted by Nicole on 04/26 at 04:26 AM
Funding can be from common wealth, which can be very substantial.