New Edition Published: The Palgrave International Handbook of Basic Income

New Edition Published: The Palgrave International Handbook of Basic Income

Edited by Malcolm Torry, this second edition:

  • Contains new chapters on peacebuilding, public health, pilot projects, and the history of basic income
  • Presents a newly updated discussion of the important aspects of the Basic Income debate
  • Assesses the effects of Basic Income schemes in five key areas

Read more about the book and/or purchase it by clicking here.

Call for Papers – Workshop on Guaranteed Income Experiments

Call for Papers – Workshop on Guaranteed Income Experiments

Image credit: Canva https://www.canva.com/policies/free-media-license-agreement-2022-01-03/

“This workshop is presented by the History and Philosophy Department of the University of New Orleans in collaboration with the Centre for Ethics, Politics and Society, at the University of Minho, and the Justice Studies Program at the University of New Orleans. It will be held at the University of New Orleans, February 22-23, 2024 at the Dougie Hitt Conference Room, at the Library, room 407, 2000 Lakeshore Dr, New Orleans, LA 70148. 

The workshop is organized by Sara Bizarro (University of New Orleans) and Roberto Merrill (UBIECO project at the Centre for Ethics, Politics and Society/University of Minho).” Read more:

Unified Basic Income: A Viable Solution for Israel and Palestine?

Unified Basic Income: A Viable Solution for Israel and Palestine?

While the proposition may appear daunting, the exploration of Universal Basic Income (UBI) for both Israelis and Palestinians is certainly worthwhile. Given the sustained conflicts in the region — from bombings in Gaza to raids in villages — and the current Israeli government, a unified UBI may seem implausible. 

Nevertheless, a robust discussion on the potential benefits of a shared UBI program across troubled landscapes from the Mediterranean to the Jordan River is a necessity. Despite a history of failed negotiations and a prevailing sentiment of intractability, a UBI offers a novel approach to a perennial issue.

Scholars like Diana Bashur, renowned for her research on the influence of UBI in conflict-ridden areas, argue for its potential to improve social cohesion, bolster peacekeeping initiatives, strengthen social contracts, and enhance the resilience of communities. As demonstrated in her most recent work on post-war Syria, UBI might not be a panacea, but it could be a crucial step toward a more equitable society. This innovative peace-building measure, detailed extensively in Bashur’s work, ought to be considered seriously by policymakers seeking to address one of the oldest conflicts of mankind.

Imagine the application of UBI across Palestine and Israel — in Gaza, the West Bank, Jerusalem, and Haifa. This shared income would not discriminate between Palestinians and Israelis but rather assert a human right to live with dignity. Such a policy could foster a sense of shared belonging and equality, thus promoting mutual respect, regardless of religious, cultural, or ethnic differences. It would necessitate a cooperative approach from both Palestinians and Israelis, forging a partnership necessary to make UBI a success.

A harmonious social connection, coupled with non-discriminatory policies, could enhance security and decrease instances of violence. Moreover, acknowledging the human rights associated with UBI could demonstrate to even the most radical factions the shared humanity of all residents. From an economic perspective, investments into UBI could foster development and societal contribution, provided these efforts are accompanied by comprehensive security measures and advancements in healthcare and education.

Contrary to critics, such a program may not be prohibitively costly. With the successful implementation of UBI and accompanying reforms, reductions in military and security spending could be realized, thus paying for itself. The benefits of UBI in terms of lives preserved and cycles of violence broken are invaluable. Providing Palestinians, particularly those in Gaza and the occupied regions, with genuine opportunities could not only disrupt the status quo but also increase their societal contributions.

The current situation in the region, marked by loss, radicalization, and animosity, is untenable. Desires for change resonate on both sides — the Israeli protests and the widespread dissatisfaction among Palestinians are testaments to this. Therefore, despite its potential complexities, the implementation of a shared UBI could be both economically and politically feasible.

While this article merely introduces the concept of a unified UBI for Israel and Palestine, the technicalities of such a policy’s execution will be elaborated in forthcoming work.

It is not asserted here that a shared UBI would be a panacea for all the region’s problems, nor that its implementation would be straightforward. The argument presented is that a unified UBI could assure the right of all residents to a life of dignity, thus breaking the cycle of violence. Once this foundation is established, politicians can convene to debate boundaries and borders in an environment free of immediate pressure.

Written by: Ahmed Elbas

Image credit: Sawinery.net

Taiwan Makes History with Universal Cash Payment Plan

Taiwan Makes History with Universal Cash Payment Plan

Taiwan is making history by sending out a one-time universal cash payment of $6,000 New Taiwan dollars (NTD) to every citizen “young and old.” This is the first time the country has implemented such a policy, and it comes as a result of excess tax revenue of $450 billion NTD, much of which is coming from corporate taxes that have seen record-high profits. $140 billion NTD will be dedicated to the cash payments, with the remainder going towards improving labor and health insurance systems and providing funding for local governments.

UBI Taiwan hailed the move as a victory for Taiwanese citizens, as the payment is unconditional and universal, meaning that everyone in the country will receive it, regardless of income or other circumstances. They said it reflects the growing demand that a greater proportion of Taiwan’s growth is shared with average families.

“This is a huge victory for the basic income movement,” UBI Taiwan founder Tyler Prochazka said. 

UBI Taiwan promotes unconditional basic income (UBI) in Taiwan. UBI is a policy that periodically sends out unconditional cash payments to every citizen in a country regardless of an individual’s income or job status. 

The organization has noted the problem of stagnant wages for the last two decades in the country and the rising cost of housing. Through basic income payments, they argue that many Taiwanese could pursue better opportunities and improve their education.

“Unconditional cash transfers are an efficient way to provide an ‘economic vaccination’ to make sure that everyone can face the future in a healthy and happy manner,” said Jiakuan Su, the new chairman of UBI Taiwan.

Over the last few years, Taiwan’s economy has experienced record-breaking 6.45% GDP growth in 2021 and over 8.73% growth in exports in 2022. However, most people have not enjoyed the fruits of this economic growth, as a 104 Job Bank survey found that real wage growth was nearly zero in 2022 due to inflation. The universal cash payment is a way for everyone to have a small share in Taiwan’s economic success. 

“With the rise of the pandemic over the last few years, Taiwan has experienced rapid changes in its economy and society,” Su said. “We have experienced directly why Taiwan needs a resilient social welfare system to protect each person’s economic security.”

Since the payment is equal to all taxpayers, it will have a progressive effect with a greater proportion of the refund going to low-income earners. There is some expectation that the cash payment could help stimulate the economy because low-income households are more likely to use the money to satisfy their essentials, such as food and housing, freeing up some additional discretionary money for recreational uses as well. A greater willingness to spend by average families could help smaller businesses that may have struggled since the pandemic.

Both political parties have agreed on the general outline of the proposal and the cash could be sent out as soon as February. A surprise has been that the plan appears to be a universal rebate of the revenue instead of a targeted one, which will make it easier for everyone to apply and reduce administrative costs and time. One area still under consideration is whether foreign taxpayers will receive any of the money.

Previous cash assistance schemes during the pandemic were targeted and a stimulus voucher was sent universally. The pandemic vouchers were limited in how they could be spent and had an expiration date, similar to the vouchers under former President Ma Ying-Jeou.

Members of the Kuomintang (KMT) and Taiwan People’s Party (TPP) argued during the pandemic that cash should have been sent out instead of vouchers. At the time, the TPP held a news conference with UBI Taiwan to discuss the benefits of cash over vouchers. Many also complained that the targeted cash programs were difficult to receive because of the strict conditions. 

Research by the World Bank later demonstrated that the simplicity of universal and unconditional cash payments during the pandemic increased access to the assistance and likely provided economic stimulus. Previous research showed a multiplier effect up to $2.6 for every dollar sent. Fears of saving the cash were largely overblown. For example, in over a dozen economies primarily in East Asia, 40 percent of the universal cash transfers during the pandemic were directly used for consumption. 

Besides improved standard of living, research on basic income consistently shows improved mental health and trust in society. A meta-analysis of basic income policies looked at eight governmental reports as well as seven peer reviewed studies. They found there was justification that the alleviation of stress from financial instability could be a reason for improved mental health from basic income.

There have been criticisms of the current cash payment plan, including concerns about inflation. However, it is important to remember that this is surplus tax revenue that has already been collected and is not new money created by the central bank. An effect on inflation is just as likely if the government directly spends the money or if it is sent back to taxpayers. 

Additionally, while it is true that Taiwan’s insurance systems require further reforms for sustainability, the vast majority of the surplus revenue is being used to shore up these systems and provide an emergency fund. A one time injection of funds is helpful but will not save these systems in the long run. 

Previously, basic income advocates from UBI Taiwan have suggested that Taiwan could establish a sovereign wealth fund (SWF). Such a fund would act as a guarantee that Taiwanese could enjoy more equity in the growth of Taiwan’s economy even if wages remain stagnant. Excess revenue could be placed in the SWF and invested in the economy, with dividends from the SWF distributed back to the people each year, similar to the system in the US state of Alaska. The Alaska Permanent Fund sends out a yearly payment from the oil revenue generated in the state. In 2022, the universal payout reached a record high of $3,284 USD. 

“I applaud the government’s decision to send the universal cash transfer and hope this establishes the precedent for Taiwan to consider making this a permanent policy,” Su said.

Prochazka furthered that by making this payment equal to all citizens, the government is taking the “first small step” towards ensuring that the benefits of economic growth are shared by all. 

Forthcoming book on the history of social psychiatry in the United States advocates for UBI

Forthcoming book on the history of social psychiatry in the United States advocates for UBI

The First Resort “is a history of the rise and fall of social psychiatry that also explores the lessons this largely forgotten movement has to offer today. Matthew Smith examines four ambitious projects that investigated the relationship between socioeconomic factors and mental illness in Chicago, New Haven, New York City, and Nova Scotia. He contends that social psychiatry waned not because of flaws in its preventive approach to mental health but rather because the economic and political crises of the 1970s and the shift to the right during the 1980s foreclosed the social changes required to create a more mentally healthy society. Smith also argues that social psychiatry provides timely insights about how progressive social policies, such as a universal basic income, can help stem rising rates of mental illness in the present day.”

Matthew Smith has also written a blog post on the relation between mental health: https://theconversation.com/universal-basic-income-could-improve-the-nations-mental-health-123816.