Tag Archives: International

International: McKinsey report identifies basic income as a potential response to automation

As many as 375 million people may have to switch jobs as a result of automation by 2030. This is according to a new report published by the McKinsey Global Institute (MGI), a private sector think tank and the business and economics research arm of McKinsey & Company. According to MGI researchers, “the transitions will be very challenging – matching or

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International: The International Monetary Fund offers analysis of UBI as part of its ‘Fiscal Monitor: Tackling Inequality’ report

In a paper released in October 2017, the International Monetary Fund (IMF) has analysed the feasibility and effects of introducing a Universal Basic Income (UBI) in various economies, looking at how it might help ease destructive levels of inequality present in many societies around the globe.   The ‘IMF Fiscal Monitor: Tackling Inequality’ focused on how fiscal policy can help

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AT Kearney: “Best Things in Life Are Free?”

Credit to: AT Kearney.   Courtney McCaffrey and others from AT Kearney published an article on the debate around Universal Basic Income (UBI) in markets throughout the world. Politicians, in both Europe and North America, are winning on campaign trails with talk about returning control to the common people from the economic system in the globe. But one of the big

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INTERNATIONAL: Sustainability oriented global network includes basic income has one of its pillars

Photo: Peter Knight   The global network Sufficiency4Sustainability (S4S), which advocates for sufficiency as a path to sustainability, was just founded in late May this year. It is composed of a web of thinkers, researchers, professors and professionals devoted to promoting “the development of public policies to provide enough for all and curb overconsumption.” Founding members of the S4S network

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INTERNATIONAL: BIEN participates in CO-ACTE meetings

(Monte Alentejano. Credit to: Álvaro Duarte @Reflexos Online) The Co-Chair of Basic Income Earth Network (BIEN), Louise Haagh, and lead Basic Income News Editor, André Coelho, have participated in two recent CO-ACTE meetings, the latest of which finished on the 28th of June, 2016. The CO-ACTE project began in June 2015, after 10 years of development of a notion of

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AUDIO: André Coelho, Discussing Basic Income

In this 30 minutes podcast, Armando F. Sanchez interviews André Coelho, Basic Income News editor. Motivated by all recent developments related to automation, global job loss, precariousness and social unrest, CEO, broadcaster and author Armando F. Sanchez has started The Future of Today series, in which this podcast features as the opening show. In this podcast, the central theme is

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Conor Lynch, “Stephen Hawking sobre el futuro del capitalismo, la desigualdad…y la Renta Básica” [“Stephen Hawking on the future of capitalism, inequality…and the basic income”]

Machines are getting better and better at performing work that was or still is performed by humans. This article starts with Stephen Hawking’s thoughts on the issue, which are that without proper wealth distribution, society will become a distopia in which an elite will have everything and all the rest almost nothing. Conor Lynch argues that, although current social developments

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INTERNATIONAL: Guy Standing to discuss basic income in Poland, Austria and Spain

Guy Standing, honorary president of BIEN, noted author, and leading advocate of basic income was interviewed on National Public Radio (US) on September 20, 2015. You can listen to the broadcast here. He will give several talks on basic income in the next few weeks. Here are the details: October 18, 18.00: talk on the precariat and basic income, Warsaw,

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Federico Pistono, “As tech threatens jobs, we must test a universal basic income”

In the past, when technology displaced jobs, many other opportunities for jobs were created by the same technology. However, an article by Federico Pistono in the New Scientist says that increasing automation of work may require governments to experiment with the Universal Basic Income (UBI). Previous experiments’ results have been “promising but not conclusive”, Pistono said. For example, research showed that

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Nicolas Colin and Bruno Palier, “The next safety net”

The global economy is rapidly transforming as technology captures an increasingly greater share of human workforce, leaving many behind. The answer to this issue is a basic income guarantee, according to a recent Foreign Affairs article. In the last century, the welfare state has not kept up with technological development, as humanity transitions to a digital economy. There are still

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