GoodDollar has launched what it calls the ‘GoodDollar basic income‘.
GoodDollar wraps around yield-generating decentralized finance protocols. Those funds are used to mint a reserve-backed crypto-asset (G$), which is used for yield-payouts to Supporters who staked capital, and distributed daily as basic income to users. For those who are interested to understand more, the GoodDollar White Paper explains all the key monetary policy and monetary tools.
A longer article about this project will follow shortly.
The original plan was for an international conference in Korea in February 2020, but the coronavirus pandemic caused the event to be postponed. An international conference has now been held online, and a wide range of speakers and discussants from around the world have contributed.
Session 1 was on ‘steppingstones to Basic Income: pilots and trials’; and session 2 was about Basic Income financing strategies. The sessions can be seen here.
Session 3 was about modern capitalism, modern life, and Basic Income; session 4 about Basic Income, local currency, and regional economy; and session 5 about the welfare state crisis and Basic Income. Sessions 3, 4 and 5 can be seen here.
The online journal russland.capital has reported that the Chair of the United Russia Party, Dmitry Medvedev, has initiated a discussion about Basic Income.
Dmitry Medvedev, vice-chairman of the Security Council and chairman of the United Russia Party, proposed a discussion on the introduction of a basic income in Russia during an online meeting broadcast on the party’s website. “What is meant by this is the inviolability of this minimum amount of money that the state pays a person regardless of the type of activity and social and economic status,” said Medvedev. … “The pandemic has shown how important it is to support people in order to maintain social stability. Of course, this idea requires the most careful analysis, ” said Medvedev. He invited his party colleagues to discuss this idea with members of the government and trade unions.
The article (in German) can be read here. (Readers might wish to be aware that some of the terminology quoted in this article is ambiguous. It is not always clear that a Basic Income is what is being discussed.)
Irina Soloveva, of BIEN’s affiliated organisation, ‘Basic Income Russia Tomorrow’, has said ‘This is great news for Russia’. Alexander Solovev, Chair of the trustees of Basic Income Russia Tomorrow, has written an article about the development.
On Tuesday 13th October, a debate on ‘Is it time for Universal Basic Income’ will take place as part of the Bristol Festival of Ideas.
At this conference, organised by the Institute for Policy Research at the University of Bath and Bristol Festival of Ideas, leading thinkers, politicians and policymakers come together with the public to debate these issues and to explore new approaches to macro-economic policy-making, the prospects for UBI, and the political economy of social and economic change.
For further details of the event, click here.
From 2008 to 2009 Namibia hosted a globally significant Basic Income pilot project. The coalition behind the project relaunched today to ask for a Basic Income for Namibia.
For details of the launch event click here.
Speakers at the event included Uhuru Dempers (Desk for Social Development of the Evangelical Lutheran Church (NAM)), Dr. Andre September (Council of Churches in Namibia), Rinaani Musutua (Economic and Social Justice Trust), and Julia Ndaponah Shikangalah, who received a BIG in 2008-09.
To read the coalition’s website, click here.