Caputo, Richard K. (editor) (2012), Basic Income Guarantee and Politics: International Experiences and Perspectives on the Viability of Income Guarantee

According to the publisher Palgrave/Macmillan, “This exciting and timely collection brings together international and national scholars and advocates to provide historical overviews of efforts to pass basic income guarantee legislation in their respective countries and/or across regions of the globe. Contributing authors address specific substantive issues such as: who were the main people and groups involved in support of or against such legislative efforts; what were the main reasons for the success or failure of BIG-related initiatives to date; and what the prospects are for the future. Countries discussed include Australia, Finland, Germany, Iran, Japan, Mexico, Netherlands, Spain, the UK, and the US.” The publisher also quotes Greg Marston, who writes, “This book integrates careful research, political theory and practical insights in a way that no other volume on the idea of a basic income guarantee has yet done. Through engaging and thoughtful presentation of wide ranging national case studies, readers will learn a great deal about the global state of play. In an age of growing economic insecurity, the book provides a timely reminder of the possibilities income guarantee schemes offer for improving social wellbeing.”

For more information go to:
https://us.macmillan.com/basicincomeguaranteeandpolitics/RichardKCaputo

Three publications agree giving money directly to the people beats quantitative easing

Three recent U.S. editorials have argued that Quantitative Easing would be more effective and more equitable if the money was given directly to the people in the form of a basic income—if only a temporary one. Martin Hutchinson discusses the Feds goal of buying $40 billion dollars worth of debt each month for as many months as it takes. He argues that for only $31 billion dollars per month the Fed could send a $100 check to each of the 310 million US citizens. Anatole Kaletsky argues that $2 trillion (the amount the Fed spent on Quantitative Easing in 2009) could finance a cash dividend of “$6,500 for every man, woman and child, or $26,000 for a family of four.” All three agree this would be a superior anti-recession policy than Quantitative Easing, which directly benefits bankers and has a lesser effect on overall economic activity.

Brown, Ellen, “Why QE3 Won’t Jump-Start the Economy—and What Would,” Web of Debt, September 21, 2012; reprinted by Truth Dig Sep 22, 2012.
https://www.truthdig.com/report/item/why_qe3_wont_jumpstart_the_economyand_what_would_20120922//
https://www.resourceinvestor.com/2012/09/20/for-qe-ben-should-have-tried-the-helicopter

Kaletsky, Anatole, “How about quantitative easing for the people?” Reuters Opinion, August 1, 2012
https://blogs.reuters.com/anatole-kaletsky/2012/08/01/how-about-quantitative-easing-for-the-people/

Hutchinson, Martin, “For QE, Ben Should Have Tried the Helicopter,” Resource Investor, September 20, 2012
https://www.resourceinvestor.com/2012/09/20/for-qe-ben-should-have-tried-the-helicopter

Sandler, Mike “Citizen’s Dividends: Basic Income from your Share of the Commons”

In this article published in the Hufftington Post, Mike Sandler argues that if we change the way money enters the economy (it enters as debt owned to private banks), government of the United States will be able to create Citizen’s Dividend and reduce the number of bankruptcies. The author comes to this idea based on the Ned Act proposed by Dennis Kucinich to abolish Federal Reserve, fractional reserve banking, prohibit compound interest, and give 25% of money created to the states. According to him, this will help budget deficits and help government to save money to give to every citizen of the United States in the form of the Universal Citizen’s Dividend. Sandler argues that this new way of handling economy will allow government to have enough money to give to actual people who will spend it into circulation. This, in turn, will create demand, so that employers will start hiring people again.

Sandler, Mike “Citizen’s Dividends: Basic Income from your Share of the Commons,” Hufftington Post, October 3, 2012
https://www.huffingtonpost.com/mike-sandler/citizens-dividends-basic-_b_1936182.html?utm_hp_ref=business

Jacobi & Strengmann-Kuhn (2012), Pathways to a basic income

The proposal of a basic income is intensely debated internationally as well as in Germany. While – up to now – the debate mostly concentrated on normative issues the discussion on pathways to a basic income is still at the beginning. The edited volume with contributions in German and English will contribute to the emerging debate on most likely and realistic pathways to a basic income.
In the first section of the book the debate on pathways to basic income is located in a broader framework of social reform strategies and developments. In the second section different proposals on first steps towards a basic income are discussed. The last section deals with model projects and social experiments. The volume includes contributions of Stephan Lessenich, Philippe van Parijs/Yannick Vanderborght, Dirk Jacobi, Sebastian Duwe/Milena Büch/Nicholas Bardsley, Ulrike Herrmann, Katja Kipping, Wolfgang Strengmann-Kuhn, Franz Segbers, Götz Werner/André Presse, Susanne Wiest, Johannes Terwitte and Guy Standing.

Full references: Dirk Jacobi/Wolfgang Strengmann-Kuhn/Bildungswerk Berlin der Heinrich-Böll-Stiftung (eds.), 2012, Wege zum Grundeinkommen, Berlin: Bildungswerk Berlin der Heinrich-Böll-Stiftung.

The book is available for free download.
https://www.bildungswerk-boell.de/downloads/Wege_zum_Grundeinkommen.pdf