by Tyler Prochazka | Aug 17, 2016 | Opinion
The Green Party and its presidential nominee Jill Stein has made overtures to the guaranteed basic income. However, Stein recently clarified her position on CNN, saying that the basic income is only a “visionary goal” at this point.
The Universal Basic Income is part of the Green Party’s platform, and many news outlets have previously reported that UBI is part of Stein’s core policies.
Stein’s clarification that the UBI is not a “practical” policy to push is extremely disappointing. She could have helped bring the UBI to the forefront of the debate as voters search for an alternative choice to Donald Trump and Hillary Clinton.
Perhaps Stein does not want voters to confuse her position with that of conservatives and libertarians such as Charles Murray, who want to replace most social services with a $10,000 universal basic income.
Instead of dismissing UBI outright, Stein should advocate for creating pilot programs to test the efficacy of basic income around the United States. Not only does this sound completely reasonable, it is likely the inevitable first step toward implementing a full basic income throughout the country.
Alternatively, Stein could use the carbon tax as a method to promote the UBI through a carbon dividend. This would motivate those passionate about the environment and basic income.
The biggest problem with Stein’s comments to CNN is that they may deflate some motivation to push for a basic income. Stein has billed herself as a revolutionary candidate and yet she is hesitant about the guaranteed basic income. That may give some potential basic income supporters hesitation about the policy.
After Stein’s new comments, it is unclear which candidate is the most friendly to basic income. Libertarian presidential candidate Gary Johnson said he was “open” to a basic income and supports a Fair Tax, which includes a prebate check that would essentially create a universal basic income.
Hopefully, Stein will take a more proactive approach with the basic income and support experiments to determine whether she is right about its practicality.
Basic income is not just a vision. It is a critical movement for the twenty first century.
Image By Paul Stein – https://www.flickr.com/photos/kapkap/7999998562/sizes/m/in/photostream/, CC BY-SA 2.0, https://commons.wikimedia.org/w/index.php?curid=21702881
by Guest Contributor | Aug 8, 2016 | News
Article originally appeared on the Libertarian Republic by Brett Linley
At the FreedomFest convention in Las Vegas, Nevada, Gary Johnson took a stance puzzling to many libertarians. Per the Basic Income Earth Network, Johnson conveyed that he would be “open” to the idea of Universal Basic Income.
To many fiscal conservatives, UBI seems like a blanket handout to engorge the welfare state. However, Governor Johnson claims a libertarian justification for the system. “Like many libertarians, Johnson said he liked the idea of the UBI because of its potential to save money in bureaucratic costs, freeing up more money to give people directly.”
In fact, Johnson is not the lone free market defender of UBI. Other prominent libertarian voices have spoken up to defend the idea in the past.
Milton Friedman advocated for the Negative Income Tax, acknowledged as a close cousin to UBI. Libertarianism.org published a piece by Matt Zwolinski in 2013 about the concept’s libertarian merits.
Some will automatically deride Universal Basic Income as socialism, and dismiss it immediately. However, when structured correctly, UBI could actually become a positive force for liberty. All libertarians should give an honest look at the policy before passing judgment.
How Universal Basic Income Promotes Liberty
Most libertarians can agree that the welfare state, as it stands, is a mess. With that in mind, the issue becomes what we can do to make it less convoluted. UBI provides a unique opportunity to tackle this issue.
The only way that such a system would be workable, or even desirable, is if we scrap all existing welfare programs. The government would have to phase out programs such as Social Security, Medicare, and food stamps with everything else. In their place, we’d receive a streamlined process that would provide new, efficient economic incentives.
It is also no small consideration that the federal bureaucracy would substantially recede. All of the complex agencies tasked with administering various programs would become one. It is certainly easier to imagine monitoring potential waste and abuse in one program than a dozen.
At first glance, it may be hard to believe that handing out checks provides efficient incentives. The important economic question to keep in mind, however, is “compared to what?”
As much as libertarians would like to see all welfare programs abolished and replaced with nothing, politicians and voters will never support leaving so many objectively worse off. While current welfare programs actively encourage people not to work, UBI would remove these disincentives.
How Universal Basic Income Gets People to Work
Under our current welfare system, people can be booted off welfare once they reach a certain income level. Upon losing their welfare checks, people can actually end up as net losers. The system in place incentivizes people to stay unemployed so they can maintain their current standard of living.
Under UBI, people would be able to pursue employment without fear of becoming worse off. As American Enterprise Institute scholar Charles Murray advocated in the Wall Street Journal, the benefits would decrease slowly as income rises in an ideal system. However, a certain immovable standard would be necessary in face of Social Security’s abolition. People still will need that source of retirement income.
Certainly, some people will abuse UBI and use it to live off the fat of the government. What’s important to recognize is that people already do this under the current system. Many people value their welfare wages plus their free time over the wages made from working. In the latter case, as aforementioned, working can make them net losers who no longer have any free time.
When it comes to considering whether UBI will make this problem worse, it appears unlikely. While some may dropout of the workforce, others may join. This can be an opportunity to help the most economically disadvantaged and bring about a respectable society.
Johnson’s Advocacy of Universal Basic Income is Good for America
People often deride libertarians for failing to take interest in the less fortunate. While the market truly is the tide that lifts all ships, some boats have holes through no fault of their own. Given the governmental structure we find ourselves in, instead of the one we wish we had, few options are available.
No monarchs exist to lay down libertarian law, and certain political realities must be accepted to fix the broken welfare state. Johnson realizes that even if he becomes president, he will not be able to throw millions of welfare recipients into the economy Obama has created without a life raft.
What Johnson can do is propose a system that can attract bipartisan support while making America more free. Not many such proposals exist, but UBI is one of them.
Maintaining and strengthening the protections for America’s most vulnerable satisfies Democrats. Cutting down bureaucracy and getting people to work can draw Republicans. Johnson understands that when applied correctly, UBI can improve lives. With the proper consideration, that’s something libertarians should support.
Image Source:
By Wikideas1 (talk) (Uploads) – , CC BY-SA 2.0, https://commons.wikimedia.org/w/index.php?curid=49782720
by Tyler Prochazka | Aug 3, 2016 | Opinion
As the US Presidential race heats up, most of the candidates have already made their opinions known regarding Universal Basic Income. Regardless, it is imperative that the United States fund new basic income pilot programs to test how a basic income would affect the current economy.
The United States experimented with a type of basic income in the 1960s and 70s, but it is time to collect new data. This is the first step toward implementing a full UBI in the United States.
Recent pilot programs throughout the world, such as in India, have given the basic income movement ammunition to push its message, showing improved educational, health and entrepreneurial outcomes. A pilot program in the United States would show policymakers that a basic income is far superior to our outdated bureaucratic safety net.
Sign this petition to ask all of the US presidential candidates to take a pledge to fund basic income pilot programs throughout the country.
by Tyler Prochazka | Jul 18, 2016 | News
With the US libertarian presidential candidate pushing double-digits in the polls for the first time in history, many are starting to take former New Mexico governor Gary Johnson’s policy ideas seriously. While signing books at the libertarian Freedom Fest conference, Johnson said he was “open” to the idea of a Universal Basic Income (UBI).
Like many libertarians, Johnson said he liked the idea of the UBI because of its potential to save money in bureaucratic costs, freeing up more money to give people directly. During the exchange, we discussed how directly giving a basic income would increase the value of each dollar spent for the recipient, as opposed to in-kind services, such as food stamps, which restrict purchases.
At the same time, I asked Johnson about his position on the carbon tax and using these funds to fund the basic income. He once again said he was “open” to the idea.
“There are a lot of smart libertarians that support the carbon tax, so I don’t discount the idea,” Johnson said.
Johnson was attending Freedom Fest in Las Vegas to discuss term limits and answer questions about his candidacy with his running mate, former Massachusetts governor William Weld. He is currently polling around 13 percent against Donald Trump, Jill Stein, and Hillary Clinton.
Photo source: Instagram
by Dawn Howard | Feb 12, 2016 | Opinion
Founded in 2014 by futurist and philosopher Zoltan Istvan, the Transhumanist Party is an American non-profit political organization, which advocates the use of non-discriminatory implementations of science and technology to solve a majority of the world’s problems. Despite being in its early stages, the Transhumanist party has been incredibly inspirational for millions of people who are seeking modern, progressive solutions to the challenges we face as a species.
The current leader of the Transhumanist Party, Zoltan Istvan, is running for US president in 2016. At the heart of Zoltan’s platform is a focus on the use of science and technology in the pursuit of immortality. He also promotes free education for all, an end to US military actions abroad, and the implementation of a Universal Basic Income (UBI).
Zoltan’s campaign platform can found here.
Zoltan was kind enough to answer a few questions for Basic Income News, specifically regarding his support for a UBI.
Dawn Howard: You have made UBI part of your 2016 presidential election platform. Can you tell us who you are thinking about appointing as your chief economics advisor? Does he or she have experience designing or implementing UBI pilots?
Zoltan Istvan: A UBI Plan is a huge part of my campaign. As someone who contemplates technology all day long, I am sure that robots are going to take many if not nearly all jobs in the next 10 to 35 years. So we need a way to transition society to being able to happily live in an age where there are no jobs. UBI is the perfect vehicle.
While I have advisors helping me sort out the basics of implementing a basic income, I can’t reveal who might fill the role of implementing that program. But we would draw on experts that have already had some experience in their own nations of doing so.
DH: Several countries including Canada, India and most recently Finland have already tested or are in the process of testing basic income for a small portion of their population. How do you feel about this type of research, and do you think it could work in the US?
ZI: One of the best things to happen to the world in the last few years is having smaller populated nations test out a UBI. It gives the larger nations the evidence they need to confidently implement their own plans one day, and it offers a road map to follow.
DH: Many in the UBI community speak of a “transition” in terms of the timeline between passing legislation and full implementation. In as little or as much detail as you wish, can you tell us what you think this transition would look like?
ZI: I think the transition would probably take five to six years to fulfill from the point legislation passed to everyone having a basic income. While I support a quick transition, we also must be careful not to disturb our national economy too much as this historic process takes place. It would be better to do it slowly, but correctly, rather than force it and lead to a recession, or worse. Capitalism is changing due to technology, and may not even survive 30 years into the future. We must be able to change with it and help the needs of every single citizen out there. But we must also not be hasty.
For more information about Zoltan’s presidential campaign, visit his web site here.
Photo: Zoltan Istvan, leader of the Transhumanist Party and US presidential candidate. Credit: Business Insider.