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BRAZIL: ReCivitas continues to expand private-funded BIG

ReCivitas, the Brazilian organization that distributes a privately-funded basic income in a small village in Brazil, now has a pro-bono partnership with the biggest tax law office in Latin America, Mattos Filho, Veiga Filho, Marrey Jr. and Quiroga. This partnership will give ReCivitas legal support for contracts for people who invest in the BIG Bank that supports the initiative. The BIG Bank, started by ReCivitas only a few weeks ago, already has 500,000 Brazilian Reals (About US$310,000)—thanks to donations and investments from as far a way as Japan. A small part of the interest to this fund will support the Basic Income, but the amount of investments in the fund is already enough to ensure that the project is sustainable at its current level. The organizers of ReCivitas say that the fund is very conservative and ethical and that the fund manager is one of the biggest in Brazil, Credit Suisse Heding-Griffo. The organizers hope soon to use some of the money to support the basic income pilot project in Namibia, and they plan soon to expand to Germany.

For more information about ReCivitas, go to their website at:
http://www.recivitas.org.br/
Or, email the organizers at:
recivitas@recivitas.org.br

About Karl Widerquist

Karl Widerquist has written 949 articles.

Karl Widerquist is an Associate Professor of political philosophy at SFS-Qatar, Georgetown University, specializing in distributive justice—the ethics of who has what. Much of his work involves Universal Basic Income (UBI). He is a co-founder of the U.S. Basic Income Guarantee Network (USBIG). He served as co-chair of the Basic Income Earth Network (BIEN) for 7 years, and now serves as vice-chair. He was the Editor of the USBIG NewsFlash for 15 years and of the BIEN NewsFlash for 4 years. He is a cofounder of BIEN’s news website, Basic Income News, the main source of just-the-facts reporting on UBI worldwide. He is a cofounder and editor of the journal Basic Income Studies, the only academic journal devoted to research on UBI. Widerquist has published several books and many articles on UBI both in academic journals and in the popular media. He has appeared on or been quoted by many major media outlets, such as NPR’s On Point, NPR’s Marketplace, PRI’s the World, CNBC, Al-Jazeera, 538, Vice, Dissent, the New York Times, Forbes, the Financial Times, and the Atlantic Monthly, which called him “a leader of the worldwide basic income movement.” Widerquist holds two doctorates—one in Political Theory form Oxford University (2006) and one in Economics from the City University of New York (1996). He has published seven books, including Prehistoric Myths in Modern Political Philosophy (Edinburgh University Press 2017, coauthored by Grant S. McCall) and Independence, Propertylessness, and Basic Income: A Theory of Freedom as the Power to Say No (Palgrave Macmillan 2013). He has published more than a twenty scholarly articles and book chapters. Most Karl Widerquist’s writing is available on his “Selected Works” website (works.bepress.com/widerquist/). More information about him is available on his BIEN profile and on Wikipedia. He writes the blog "the Indepentarian" for Basic Income News.

The views expressed in this Op-Ed piece are solely those of the author and do not necessarily represent the view of Basic Income News or BIEN. BIEN and Basic Income News do not endorse any particular policy, but Basic Income News welcomes discussion from all points of view in its Op-Ed section.

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