Jack Saturday

Tuesday, July 12, 2016

Anti Wage-Slavery Pro-Freedom Quotations Of The Week 1479-1481

Basic income is a universal income grant available to every citizen without means test or work requirement. Academic discussion of basic income and related policies has been growing in the fields of economics, philosophy, political science, sociology, and public policy over the last few decades — with dozens of journal articles published each year, and basic income constituting the subject of more than 30 books in the last 10 years. In addition, the political discussion of basic income has been expanding through social organizations, NGOs and other advocacy groups. Internationally, recent years have witnessed the endorsement of basic income by grassroots movements as well as government officials in developing countries such as Brazil or South-Africa.
Basic Income Studies

In his new book, Raising the Floor: How a Universal Basic Income Can Renew Our Economy and Rebuild the American Dream, Stern argues that technology is replacing jobs at an accelerating rate, and that this trend is permanent and threatens our society with massive job losses over the next few decades in both blue- and white-collar sectors of the economy. His premise is that this rate of change is historically without precedent and reflects an “inflection point”—a permanent paradigmatic shift in how work is and will be organized apart from anything to do with the business cycle. “We are heading off a cliff,” Stern says, and traditional liberal approaches can’t stop us.

The only solution that makes sense is a radical one; namely, a Universal Basic Income in which every person is given a fixed amount of money per year, a “floor” upon which individuals can build wealth by engaging in further work (there is no ceiling, only a floor) or which can be used as a security blanket for those who want the economic freedom to explore personal growth or leisure activity.
By Michael Bader, DMH / AlterNet July 1, 2016
[emphasis JS]

There is no more fatal blunderer than he who consumes the greater part of his life getting his living.
Henry David Thoreau


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