Following the recent creation of the Basic Income Korean Network (BIKN), Koreans have now launched the Basic Income Coalition (BIC). According to BIEN, BIC held its inaugural event in Seoul on April 25. Fifty civil organizations and more than 770 people participated in this coalition. The aim of the BIC is to support candidates in favor of Basic Income in the upcoming local elections on June 2. There are 28 candidates who are members of the coalition: 23 from the Socialist Party, 3 from the Democratic Labor Party, and 2 from the New Progressive Party. Participants in the event also announced the declaration of BIC’s inauguration. According to BIEN, organizers argue that BIC is the first coalition in Korean political history to focuses on a future-oriented alternative such as Basic Income. Most committee members of the Basic Income Korean Network (BIKN) are involved in the coalition.
For further information: https://basicincome.kr/.
