by Josh Martin | Jun 7, 2016 | News
Huff discusses the future of technological unemployment and references a few studies that highlight the potentially massive job loss the economy could face in the coming decades. As technology improves and automation harnesses deep learning capabilities, Huff believes society needs to have a plan in place to deal with its economic ramifications.
Gerald Huff, “Basic income is the best way to survive the robot takeover“, Tech Insider, 12 April 2016.
by Josh Martin | Jun 5, 2016 | News
On June 5, 2016, Swiss people voted on a referendum that included a question about implementing a universal basic income. Although the official text for the vote did not specify the level, the campaigners proposed 2,500 Swiss francs for adults and 625 francs for children per month.
Credit to Basic Income News Editing team (namely Josh Martin, Jenna van Draanen, Kate McFarland, André Coelho, Karl Widerquist and Tyler Prochazka) and Philippe Van Parijs.
The referendum on Unconditional Base Income (UBI), as they call it, has been building since 2013 when the Swiss Citizen’s Initiative, co-initiated by Enno Schmidt, gathered enough signatures (more than 100,000) to successfully trigger their right to have a national referendum on the issue. Although the Swiss Federal Council rejected the initiative in August 2014, the rejection was more of a symbolic suggestion to vote against the basic income than a consequential political action: the Swiss people had already asserted their constitutional right to the referendum.
Basic income advocates utilized headline-grabbing tactics to gain publicity for the referendum. Upon submitting the initiative in 2013, basic income supporters dumped 8 million five-rappen coins (one for each Swiss citizen) outside the Federal Palace in Bern. Then, in the final weeks before the vote, members of the Swiss Initiative for an Unconditional Basic Income unveiled a poster that broke the poster size world record.
While this referendum may have been voted down, the Swiss basic income movement helped spark an international dialogue on how a basic income can help fix issues related to poverty, social policy, and technology, among other topics. This conversation has caught the imaginations of citizens all over the world and has led to commitments from governments or non-profit organizations to establish basic income pilot projects in Finland, the Netherlands, Canada, Uganda, Kenya, India, and in Silicon Valley, as well as public considerations for basic income research in New Zealand, the United Kingdom, France, and Namibia. This dialogue is truly global, and media outlets all over the world have begun writing articles and making videos debating the merits and principles for a basic income.
Even with a defeated referendum, the basic income movement is poised to march forward toward a brighter future in the coming years: thanks, in part, to the efforts of the Swiss basic income advocates who triggered this momentous referendum. We extend a special “thank you” from the BI News editorial team to all of those involved in the Swiss movement who have publicized basic income and worked so tirelessly on this referendum.
Sources:
More information on the results themselves can be seen here.
Confédération Suisse. Votation nº 601 official results, June 5th 2016
Ethan Jacobs, “Switzerland’s Basic Income Vote Turns Finance Reform Into a Democratic Spectacle”. Inverse, February 11, 2016.
by Josh Martin | Jun 5, 2016 | News
John Tamny writes this piece in order to critique the basic income idea, which he calls a “monumentally silly idea” and “logically dim”. His lengthy critique spouts many standard arguments against basic income, including fears of subsidized idleness and a lack of economic growth. Instead, he believes trusting markets and growth alone are the best ways to move people out of poverty.
John Tamny, “Guaranteed Income Is a Comically Awful Poverty Solution“, Real Clear Markets, 10 May 2016.
by Josh Martin | Jun 4, 2016 | News
Tarnoff’s article argues that Silicon Valley’s interest in the basic income idea is driven by an intention to appease the public with a basic income while they reap large profits as the wealthy few who own the means of production in a world of technological unemployment. He finds the technological unemployment argument overstated and a way to establish a meritocratic view of successful Silicon Valley entrepreneurs.
Ben Tarnoff, “Tech billionaires got rich off us. Now they want to feed us the crumbs“, The Guardian, 16 May 2016.
by Josh Martin | Jun 3, 2016 | News
Mestrum’s article critiques basic income from the left, accepting that poverty needs to be abolished through a minimum guaranteed income for poor people, but asking why basic income should be given to all citizens instead of a benefit closer to a negative income tax that would only benefit those who need it. Further, she believes the gross cost of a basic income scheme will hurt funding for other social security programs that will still be necessary with a basic income.
Francine Mestrum, “Why Basic Income Can Never Be A Progressive Solution“, Social Europe, 14 April 2016.
