Basic Income News and Discussions

[raklian]

Another domino has fallen.

[firestar464]

Man that's just right within the GTA

[raklian]

Man that's just right within the GTA

Yep, that's what makes this news notable.

[raklian]

[raklian]

He's got a point though.

[raklian]

[raklian]

[raklian]

The Liberals are a major political party in Ontario. The fact its new leader is supportive of basic income is very significant.

[raklian]

[raklian]

I believe productivity gains stemming from artificial intelligence should also be monetized and paid into society as a common dividend.

[raklian]

An oldie but a goodie.

Cutting the Gordian Knot of Technological Unemployment with Unconditional Basic Income

Scott Santens
25 MAY 2017 — 16 MIN READ

In the opening of the film 2001: A Space Odyssey, viewers are shown a historic moment in time where primitive man used the first tool. It was a bone, and used like a club, it allowed a physically weaker group to overpower a physically stronger group. The story is of course fictional, but at some point in time we as humans did use our first tool, and ever since that day, directly because of our tool usage, we as a species have been able to accomplish increasingly more with increasingly less. Buckminster Fuller referred to this process as “ephemeralization.” The theoretical endpoint of this process exists as an asymptote that we can only approach but never reach, where we gain the ability to accomplish everything with nothing. This should sound great. It is. But there’s a catch. There’s always a catch.

The catch is of our own making. The catch, and it’s a big one, is two-fold. First, we require the exchange of money for the basic necessities of life like food and shelter. And second, we require the exchange of work in order to obtain money. The result of this pairing is that we systematically require the exchange of work to stay alive. So as long as everyone can exchange their labor for income, moral issues of involuntary servitude aside, everyone can then theoretically survive in a system where private property is established and enforced. However, tool use throws an unavoidable wrench into this system.

That wrench is technological unemployment.

https://www.scottsantens.com/cutting-th ... ncome-ubi/

[raklian]

[raklian]

[raklian]

[raklian]

[raklian]

[caltrek]

Basic Income Can Double Global GDP While Reducing Carbon Emissions
June 7, 2024

Introduction:

(Eurekalert) Giving a regular cash payment to the entire world population has the potential to increase global gross domestic product (GDP) by 130%, according to a new analysis published June 7 in the journal Cell Reports Sustainability. Researchers suggest that charging carbon emitters with an emission tax could help fund such basic income program while reducing environmental degradation.

“We are proposing that if we can couple basic income with environmental protection, we can save two birds with one stone,” says first author U. Rashid Sumaila of the University of British Columbia in Vancouver.

Sumaila has been working on ending harmful fishery subsidies worldwide, but many people who rely on fisheries for their livelihoods, especially those in developing countries, say they need the subsidies to support their families. “One of the ways we can deal with this is to give the people basic income. With that, we could achieve sustainability goals without compromising people’s livelihoods,” he says.

The research team estimated that it would cost $41 trillion to provide the entire world population of 7.7 billion people with a basic income, or $442 billion to fund only 9.9 million people living below the poverty line in less developed countries. In return, giving basic income to the entire world population could boost the global GDP by $163 trillion, which is about 130% of the current GDP.

Every dollar spent on implementing basic income can generate as much as $7 in economic impacts, the analysis shows. “If you give someone one dollar, they will spend part of the money to buy food or pay rent. And people that are paid for the food and accommodation will use part of this for their own consumption and so on. The dollar will trickle up throughout society. Our calculations show that the economic impact of that dollar will be much greater than its original amount,” Sumaila says.

Read more of the Eurekalert article here: https://www.eurekalert.org/news-releases/1046525

For a presentation of study results as published in Cell Reports Sustainability : https://www.cell.com/cell-reports-susta ... 4)00164-2

[firestar464]

Judge orders St. Louis to stop guaranteed basic income payments

https://www.msn.com/en-us/money/economy ... r-AA1ohQeW

Imagine suing to stop people from getting free money

[weatheriscool]

[wjfox]

New findings from Sam Altman's basic-income study challenge one of the main arguments against the idea

Dec 2, 2024, 4:42 PM GMT

New findings from OpenAI CEO Sam Altman's basic-income study show recipients valued work more after receiving no-strings-attached recurring monthly payments, challenging a long-held argument against such programs.

Altman's basic-income study, which published initial findings in July, was one of the largest of its kind. It gave low-income participants $1,000 a month for three years to spend however they wanted.

Participants reported significant reductions in stress, mental distress, and food insecurity during the first year, though those effects faded by the second and third years of the program.

"Cash alone cannot address challenges such as chronic health conditions, lack of childcare, or the high cost of housing," the first report in July said.

In the new paper, researchers studied the effect the payments had on recipients' political views and participation, as well as their attitudes toward work.

https://www.businessinsider.com/sam-alt ... bi-2024-12

Non-paywall link: https://archive.ph/vMZUq