- 10 years ago Sticky: Welcome to BasicIncome
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+38 +2If 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? 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?
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+56 +2Finland plans to pay everyone in the country $876 a month
Imagine this: as you're worried about how to pay bills and make your rent, you get a check from the government for $876. Every month. That's what Finland is doing. The Nordic nation is getting closer this month to finalizing a solution to poverty: paying each of its 5.4 million people $876 tax-free a month — and in return, it will do away with welfare benefits, unemployment lines, and the other bureaucracy of its extensive social safety net.
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+19 +2Basic income: how Finland plans to implement the first nation-wide project in the EU
The Finnish Social Insurance Institution (KELA) has given some preliminary elements concerning Finland’s plan to experiment and then generalize the implementation of a basic income in the country. In its final version, the basic income would replace other benefits people currently receive, and would therefore be rather high, as indicated by Kela’s Research Department Director Olli Kangas. It is considered that all Finnish citizens would be paid an untaxed benefit sum free of charge by...
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+52 +1When You’re Poor, Life’s Little Annoyances Actually Ruin Your Life
It is impossible to be good with money when you don’t have any. Full stop. If I’m saving my spare five bucks a week, in the best-case scenario I will have saved $260 a year. For those of you that think in quarters: $65 per quarter in savings. If you deny yourself even small luxuries, that’s the fortune you’ll amass. Of course you will never manage to actually save it; you’ll get sick at least one day and miss work and dip into it for rent. Gas will spike and you’ll need it to get to work.
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+25 +2Tired of capitalism? There could be a better way.
Governments have typically dealt with capitalism’s more misery-inducing tendencies by creating institutions of labor protection — such as the right to organize unions — and by building out modern welfare states. Although these policy programs have been fairly successful, especially in the countries that have pushed them the furthest, they have not fully eliminated coercion and deprivation.
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+20 +2Disaster capitalism is a permanent state of life for too many Americans
Hundreds of full-time New York City workers are homeless and in San Francisco bus drivers sleep in their cars to save money: this is a never-ending crisis
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+23 +4Without Government Safety Net Programs, Millions More Would Be in Poverty
In 2014, 48.4 million people (or 15.3 percent of the US population) were in poverty, as measured by the Supplemental Poverty Measure (SPM)—a more sophisticated approach for measuring economic well-being than the official federal poverty line. However, that number would have been significantly higher were it not for government safety-net programs.
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+20 +1A Living Wage for Every American Could Bring About a Creative Renaissance
What would you do if money were no object? You've probably been asked that question at least once in your life, whether it was a high school guidance counselor or a friend trying to sort out why you hate your day job. But really: Would you finally record that album, write that novel, go on tour? Would you focus on your family and relationships? Would you travel, volunteer or write essays? Teach yourself new skills like cooking, coding or woodworking? Or all of the above?
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+23 +31 in 5 Louisiana residents lived in poverty last year: census data
Louisiana had the third-highest rate of poverty in the country for 2014, at 19.8 percent, falling behind only New Mexico and Mississippi.
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+17 +1Labor Day 2028
In 1928, famed British economist John Maynard Keynes predicted that technology would advance so far in a hundred years – by 2028 – that it will replace all work, and no one will need to worry about making money.
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+16 +4What Families Need to Get By: EPI’s 2015 Family Budget Calculator
The income level necessary for families to secure an adequate but modest living standard is an important economic yardstick. While poverty thresholds help to evaluate what it takes for families to live free of serious economic deprivation, EPI's Family Budget Calculator offers a broader measure of economic welfare.
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+27 +3More Dutch cities may join in 'basic income' experiment
Other Dutch cities may join Utrecht in experimenting with a ‘basic income’ to replace the current complicated system of taxes, social security benefits and top-up benefits, the Financieele Dagblad says on Wednesday. In June, Utrecht city council announced plans to launch trials of the new system after the summer holidays together with researchers from Utrecht University. Now Tilburg has similar plans and aims to run a four-year trial, the FD says.
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+17 +3Why Social Security Beats All Rivals -- And the Case for Expanding It
Social Security demonstrates that public systems are often better than their private counterparts. The problem is that government-managed systems are only as good as their stewards. The only cure is stronger democracy, so that citizens who value good programs vote to elect leaders pledged to defend them.
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+28 +1The absolute worst advice we give to Americans struggling to pay rent
High rents are a national, not just an urban problem. Real estate company Zillow noted this year that in 2015, rents increased nationally by more than 3 percent. Meanwhile, personal incomes are creeping along; in May of 2015, disposable personal income grew just .5 percent. The average national rent, according to ApartmentGuide, is close to $800, while working full-time for the federal minimum wage nets you just under $1,000.
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+21 +2Your Parents' Income Dictates Your Financial Future Even More Than Economists Previously Thought
Grusky and Pablo Mitnik, his co-author and colleague at the Center on Poverty and Inequality, use a new data set provided to them by the IRS to show that in the U.S., roughly half of parental income advantages are passed onto the next generation in the form of higher earnings. This proportion increases for the wealthier: For people whose parents are between the 50th and 90th percentiles of earners, about two-thirds of this parental edge is perpetuated.
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+13 +2A bipartisan proposal to make a universal basic income a reality in America
Its merits are many and varied. It would reduce poverty, but would be less politically vulnerable to cuts than other safety net programs because it isn't means-tested. Like food stamps and such, it isn't tied to work, so it would raise workers' bargaining power and thus their wages. Finally, by giving families some economic breathing room, it would roll back some of the market's encroachments into family and community life...
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+12 +1The most exciting proposal of the GOP presidential campaign so far
Marco Rubio and Mike Lee proposed a seemingly technical change that could be the start of something much, much bigger.
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+8 +1Why America hates its poor
Two bills targeting social services in Kansas and Missouri offer a window into our twisted pathology
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+7 +1A Basic Income Resource
What is BI and why is it such a pan-partisan issue?
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+9 +1Basic Income : The Movie [English Subtitles]
"An income is like the wind beneath your wings" it says at the start of the film, created to introduce the concept to Swiss voters during the Basic Income Petition drive.




















