Use the tax-transfer mechanism (e.g. through a guaranteed minimum income for all, or an ambitious negative income tax, public funding of health care and long-term care etc.) to support those left behind by technological advances.
We have a small technological aristocracy and a middle class struggling to catch up with the demands of a more efficient economy. Basic income can bring a baseline and offer freedom to those trapped by our new economy.
First minister of scotland and leader of the scottish national party
As we look ahead to the next decade and beyond, it is an idea that merits deeper consideration. I therefore confirm that the Scottish Government will work with interested local authorities to fund research into the concept and the feasibility of a citizens basic income, to help to inform Parliament’s thinking for the future.
Universal basic income (UBI) schemes are often rejected out of hand as too expensive. In some countries [eg. Italy] however, paying every resident a basic income sufficient for survival could actually result in budget savings.
Paul De Grauwe
Economist. Professor in European Political Economy at the London School of Economics
A universal basic income that has the ambition to ban poverty from the world, is then immensely expensive. That doesn’t need to surprise you. To give the poor (a minority in society) a basic income, you have to also provide a basic income to the large majority that doesn’t need it. This leads to new problems. The working majority receives a basic income that stands loose from labor efforts, bu...See More
Compte officiel de Thomas Piketty, chroniqueur @lemondefr, directeur d’études @EHESS_fr et @PS
I have difficulty in understanding those who insist on wishing to pay a basic income of 500 Euros per month to those earning a salary of 2000 Euros, and then deduct the same sum by raising their taxes deducted at source.
The reason they adore UBI isn’t to do with their commitment to lift a growing underclass out of poverty; that’s just a bedtime story that helps the super-wealthy sleep. Instead, it’s more to permit spending on their goods by what remains of the American middle class. No one on a stagnant wage can currently buy the things that Musk—and the rest of Silicon Valley—wants to sell them.
Social Activist. Ontario Coalition Against Poverty. Canada.
If we are to go on the offensive against the neoliberal agenda, surely it is the fight for free, expanded and accessible public services that should be our focus. If present systems of income support for unemployed, sick and disabled people are inadquate, we can demand full entitlement, adequate income and an end to intrusive rules and moral policing.However, rather than hope for a tax funded paym...See More
Founder and President of @CenteronBudget. Considered an expert on the federal budget and a ran
UBI would replace virtually every program in the federal budget focused on low- or moderate-income people. No food stamps. No Medicaid. [...] I share the goals; I just don’t think you can get there from here. And I want to focus on progress we can make.
To replace a social security system primarily financed by contributions and based on wage solidarity with a rent paid by the Government and financed by tax income seems a war machine against the welfare state. In addition, an income provided unconditionally to anybody can only be mediocre and cannot ensure the financial independence of the beneficiaries. These would be obliged to accept to work fo...See More