L'HIRONDELLE, C.A., May 27, 2011: “Crapitalism: Definition and Cure”

The title clearly indicates the author’s feelings about an unregulated market economy. One of the cures L’Hirondelle proposes is a basic income. She writes, “A sudden ‘no money for anyone’ path would be highly disruptive and risky. In contrast, ‘money for all’ via a universal livable income implemented in each country in the world would at least create the possibility of a peaceful transition from a crapitalist to a livable economy.”

https://www.livableincome.org/acrapitalism.htm

11 U.S. states with guaranteed basic-income programs

11 U.S. states with guaranteed basic-income programs

Photo by Ioann-Mark Kuznietsov on Unsplash

Note: These pilot programs do not meet BIEN’s definition of basic income.

“Ingrid Sullivan, 48, used her cash from the San Antonio guaranteed basic-income program to rent a home where her grandchildren can play in the yard. And Monique Gonzalez, 41, moved herself and her family out of a San Antonio motel.

A Denver resident, Jarun Laws, 51, used his basic income to pay his rent and buy food.

“My life was always just a couple hundred dollars short,” Sullivan told Business Insider. “For the first time, I can breathe.”

Guaranteed basic income has become an increasingly popular poverty-solution strategy in US cities. Over 50 municipalities have tried the GBI model since 2019, offering low-income participants between $100 and $1,000 a month, no strings attached, for a set time period.

To read the full article in Business Insider, click here.

Seattle Pilot doubles employment rates

Seattle Pilot doubles employment rates

Photo by Darpan on Unsplash

Note: Like many pilot programs, this one does not meet the BIEN definition of basic income because it is not universal for residents in its geographic region.

“A Seattle-area guaranteed basic income pilot gave low-income residents $500 a month to help reduce poverty. Employment in the group nearly doubled, and numerous unhoused residents secured housing.

The Workforce Development Council of Seattle-King County launched a 10-month guaranteed basic income pilot program with 102 participants in fall 2022. New findings by research firm Applied Inference reveal that the $5,000 total payments improved participants’ quality of life, housing, and employment outcomes.”

To read the full Business Insider article, click here.

To read the full report by Applied Inference, LLC click here.

British farmers call for a “UBI” for farmers

British farmers call for a “UBI” for farmers

Note: What the farmers are asking for does not meet the BIEN definition of a Basic Income since it is restricted to farmers.

Farmers are calling for the government to grant them a universal basic income, saying the post-Brexit agriculture subsidy scheme has left many poorer.

Delays to the sustainable farming schemes put in place after the UK left the European Union, to replace the common agricultural policy (CAP), have meant that in England many farmers have been left out of pocket. The new regime initially suffered from low subscription rates, and the government has underspent hundreds of millions from the £2.4bn farming budget each year due to lack of sign-up.”

To read the full article in The Guardian, click here.

Somerville Massachusetts Mayor Ballantyne announces guaranteed basic income pilot program  

Somerville Massachusetts Mayor Ballantyne announces guaranteed basic income pilot program  

Note: This pilot program’s recipients are means-tested so the program does not meet BIEN’s definition of basic income.

“Mayor Katjana Ballantyne joins more than 100 mayors from across the country as part of Mayors for a Guaranteed Income (MGI), a coalition of mayors who establish and advocate for local and national guaranteed income programs. Guaranteed income programs provide unrestricted cash payments directly to vulnerable residents to create greater financial stability for those most in need. Somerville’s program goes beyond that general goal; it also specifically aims to support housing stability. The city’s program will serve a group of the city’s lowest-income households who are at risk of losing their housing.”

To read the full article, click here.