Why China Could Surprise the World by Being the First Country to Adopt Universal Basic Income

Why China Could Surprise the World by Being the First Country to Adopt Universal Basic Income

The story behind this one is that I was actually asked by a publication to write it back in late 2022 after they heard in one of my interviews that I thought China could potentially surprise everyone by winning the UBI race. They wanted it to be quite short and clock in at under 900 words. I did that, and there was some back and forth between me and the editor with revised versions…. Read the article here.

Reports on the Austin, Texas, Guaranteed Income Pilot now available

Reports on the Austin, Texas, Guaranteed Income Pilot now available

The Urban Institute just published its 12-month findings for the Austin Guaranteed Income Pilot, plus a policy recommendations memo for the Austin City Council, which is seeking to understand how direct cash can assist in addressing the city’s housing affordability and homelessness crisis. The memo was produced in collaboration with the Jain Family Institute. See the top three publications on the Urban Institute’s project page for the Austin evaluation.

The Evidence for Basic Income is Now Sufficient

The Evidence for Basic Income is Now Sufficient

In 1942, as people started to think about remaking society after the War, William Beveridge wrote a report for the British government that was to shape the welfare state in Europe. He wrote, ‘It is a time for revolutions, not for patching.’ What he meant was that it was useless to make minor changes to the old system. A new system was needed. The evidence was clear.

Today, we are at a similar juncture. The social policies of the 20th century are outdated. Selective schemes for what economists call ‘contingency risks’, such as a spell of unemployment, an illness or an accident, do not deal with the defining challenges of our age. We live at a time of rentier capitalism, in which more income goes to owners of property – physical, financial or intellectual – while less goes to those who rely on labour and work for their incomes. 

Read the full article here

Reports on the Austin, Texas, Guaranteed Income Pilot now available

Equality in Entrepreneurship: UBI’s Role in Fostering Inclusive Startups

Image Source: Unsplash

by Beau Peters

So you’re an aspiring entrepreneur. You have a concept that you believe will add value to a sector of the market, the passion to set out on your own, and the know-how to make a dream into a small business.

However, as you venture into a field with many competitors, large and small, you’ve likely come up against a core truth in a capital-driven economy. While in theory, anyone can start a successful business and achieve success, some are more likely to succeed than others. The gulf between resources available to a first-time entrepreneur who left their minimum wage job to make something of themselves and a seasoned businessperson with several success stories under their belt is – well, it speaks for itself.

Read the full article here.

Tackling Homelessness with Unconditional Cash Transfers: 22 February 2024

Tackling Homelessness with Unconditional Cash Transfers: 22 February 2024

“Despite the valiant efforts of many individuals and organisations, the rate of homelessness in Greater Manchester is still increasing.

A study by Shelter published in January 2023 stated that the three local authorities with the worst homelessness rate in the North West were all within Greater Manchester: Manchester, Salford and Oldham.  Both the total number of homeless people and the rate of homelessness in Manchester have been steadily increasing over the last five years, according to Shelter’s annual reports – despite homelessness prevention schemes by local authorities like Manchester City Council.

So what is to be done?  Are there any radical ideas we could try to turn this tanker around?

To learn more about this online event including the speakers and link to register, click here.