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SPAIN: Podemos introduces a conditional grant in its electoral program

After having defended Basic Income (BI) for the latest European Parliament elections and rejecting it in its first Economic Policy draft, Podemos maintains a conditional grant measure in its latest electoral program. In this document, the main economic policy instruments related to this conditional grant are the transfer of a guaranteed 600 € per month for every family or every citizen (this is not clear between sources) without a wage, and a complement of a sufficient amount so that every individual cannot earn less than 900 € per month, when employed.

An economic council including specialists like Nacho Álvarez, James Galbraith, Vicenç Navarro, Núria Alonso and Francisco Louçã, has calculated a cost of 15 000 million € per year to finance the 600 € per month measure. Until further notice, this attribution refers to individuals or families without an income as a sole condition, nothing more. That is not a basic income as usually defined, but could be a starting point for evolution later.

Thomas Piketty, professor of economics and author of the best seller book Capital in the Twenty-First Century, has also contributed to this latest version of Podemos economic program. Piketty has been a supporter of redistribution policies for a long time, some of which resemble basic income.

More information at:

Liam Upton, “Spain: Podemos leave Basic Income out of landmark economic document“, Basic Income News, November 30th 2014

In Portuguese:

Catarina Falcão, “Francisco Louçã integra Conselho Económico do Podemos [Francisco Louçã is a part of Podemos Economic Council]“, Observador, October  21st 2015

In Spanish:

Iolanda Mármol, “Podemos expone las líneas estratégicas de su programa económico [Podemos presents its economic program strategic lines]“, El Periódico, October 21st 2015

About Andre Coelho

André Coelho has written 290 articles.

Activist. Engineer. Musician. For the more beautiful world our hearts know it's possible.

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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