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Discover and read the best of Twitter Threads about #basicincome

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New @theRSAorg publication out today. Ideas for a 21st Century Enlightenment. It is accompanied by a survey that shows deep pessimism about the future and a strong desire to reach beyond #Brexit thersa.org/discover/publi…
75% see #brexit as distracting from other pressing issues - both remain and leave supporters agree. People do trust experts. But they want a greater voice and say themselves. Only 21% think Britain will be better in 2030 than today. And yet, we don't despair.
We propose a new way forward on education - @JulianAstle and @LauraJPartridge explore what education for enlightenment looks like - mission-led by teachers, parents, and communities. thersa.org/discover/educa… #edutwitter #education
Read 8 tweets
#BasicIncome I think the Conservatives are afraid to find out just how efficient and how much money the country would save if we went with a Basic Income. Why else would... obj.ca/article/pythia…
...they race to close it down before we can actually demonstrate with evidence? The money was *already* allocated for the pilot. It wasn't going to cost you anything extra to see it thru. Now with the legal battles and lawsuits as a result of this it might end up costing even...
more -- and we won't have the evidence. Lose/Lose all around

If they think they are right, Why not prove it? It was already happening. All they had to do was sit back and wait for the proof. One way or the other one of us was going to be right. They don't want that to happen.
Read 4 tweets
(1/17)

The Story Behind The Countryside Living Allowance…

…or…

How I discovered a policy that could raise wages and bring about full employment…

…a thread.

#CLA
(2/17)

Minimum wage can drive marginal workers into unemployment.

Or push them into undesirable jobs with no room for professional growth.

So a policy that can promote employment AND raises wages is the Holy Grail of Economics

#fullemployment #wages
(3/17)

It all began when I was working on a project for tax and welfare reform.

My job was to investigate the revenue generating potential of Land Value Tax and the ease of avoiding payment.

#LVT
Read 17 tweets
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I've been researching the idea of Unconditional Basic Income since 2013. Here's a list of findings I've compiled from various UBI experiments, unconditional cash transfer studies, and cash dividend research.

The data speaks for itself.

Data: reddit.com/r/BasicIncome/… #basicincome
1) "The design and framing of Mincome led participants to view payments through a pragmatic lens, rather than the moralistic lens through which welfare is viewed… this paper finds that Mincome participation did not produce social stigma."

onlinelibrary.wiley.com/doi/10.1111/ca… #BasicIncome
Although there was a slight decrease in hours worked per year when primary earners were provided a basic income guarantee in the 1970s, that emerged as a result of spending more time between jobs, reasonably looking for a *good* job instead of *any* job.

academia.edu/1159217/A_fail…
Read 21 tweets
You know how those who don't know any better can hug something to death? That's what those who love capitalism but hate #BasicIncome remind me of. Automation is here. We must now decouple income from work. Not implementing UBI means capitalism eats itself. Capitalism *needs* UBI.
Meanwhile, those who hate capitalism and want it to die, and who subsequently don't like UBI because it will save capitalism, are like butterfly lovers who hate caterpillars who believe caterpillars should die. Yes UBI will save capitalism, but from UBI postcapitalism can emerge.
So again, #BasicIncome is not left or right, it's forward. If the right prevents UBI, the economy will become starved of currency for market exchanges. If the left prevents UBI, they may get revolution, but mass suffering will occur, and fascism may result instead of socialism.
Read 13 tweets
"It is not the employer who pays the wages. Employers only handle the money. It is the customer who pays the wages."

Money is meant to circulate through economies. Customers buy stuff. That money becomes wages. Those wages buy stuff, etc.

Here's a diagram of how this works.
As factors of production become machines, factor incomes are reduced, which in turn reduces personal consumption, which in turn further reduces factor incomes.

Automation breaks this system without the provision of income external to the loop, aka unconditional basic income.
If you love the idea of decentralized market economies and hate the idea of unconditional basic income, you've got a real problem on your hands because the former requires the latter. Markets require customers who require money. As money goes to fewer hands, markets break down.
Read 9 tweets
Today is #MayDay and #InternationalWorkersDay and #LabourDay and beyond recognizing the past victories of the labor movement in achieving milestones like the 8-hour day, we really need to talk about the future of the labor movement in a world increasingly automated by machines...
As automation continues, potentially eliminating 1/2 of all existing jobs by 2030, eroding security & buying power through the growth of part-time jobs, low-paid work, temp labor, gig labor and freelancing, unconditional basic income represents the ability to empower ALL workers.
The ability for everyone to say NO to any & all employers would have an undeniable effect on bargaining power. It'd mean greater profit sharing, higher wages, shorter days/weeks, improved working conditions, more flexibility, etc. UBI can even function as a universal strike fund.
Read 16 tweets
"Why should the rich who don't need it get Unconditional #BasicIncome (UBI) too?" asks the person who would never think of suggesting that public K-12 schooling and access to police & fire protection only be made available to those households earning less than $100,000 per year.
Don't worry about the rich when it comes to UBI. They will all be net payers, paying more in than they get out, just as they already do with schooling where they pay for public school but instead opt to pay even more for private school. The universality of UBI is its strength.
It is not wasteful to provide UBI to those who don't need it. First of all, who are you to say who needs it and who doesn't? Secondly, trying to save money by doing so creates stigma and divides the population, weakening the program. Programs for the poor are poor programs.
Read 6 tweets
Maslow's Hierarchy of Needs is a psychological theory that explains human motivation. In his theory, people will prioritize their lowest level of needs before they can focus on their higher level needs. #basicincome #ubi medium.com/basic-income/u…
A lack of the ability to meet ones basic needs creates a "scarcity mentality". Everyone experiences it at some point, from not enough money, food, or time. This mentality can best explain why poor people make poor decisions. #basicincome #ubi
When someone lacks the resources to cover their basic needs, they become extrinsically motivated to seek work. This often creates a different work attitude than those who are intrinsically motivated to work, because they're working to fulfill different needs. #basicincome #ubi
Read 7 tweets
It's #SinglePayerSunday!
Beware the scams!
Vote #MedicareForAll!
Vote #SinglePayer in 2018!
Be a #MedicareForAllVoter
It's #SinglePayer supporters who are being pragmatic, not the opponents
#MedicareForAll #SinglePayerSunday latimes.com/opinion/reader…
The popularity of #SinglePayer health care:
Letter to the editor
#MedicareForAll #SinglePayerSunday
oregonlive.com/opinion/index.…
Read 94 tweets
If we put jobs underneath a microscope, we see they're comprised to varying degrees of income, work, purpose, and security.

Once we realize this, it's that much easier to understand that what we need isn't jobs themselves, but what they're supposed to provide us.

#BasicIncome
An unconditional basic income not only provides the income component of jobs directly, but it also better enables the earning of additional income, especially compared to welfare programs that punish the earning of additional income through withdrawal of conditional benefits.
Unconditional basic income better enables all forms of work by recognizing and making possible unpaid work as an option currently reserved only for those who can afford the option. UBI creates more work choices, and allows people to choose the work that's the best fit for them.
Read 5 tweets
There's a new book coming out in April with an urgent call for Universal Basic Income. It's titled "The War on Normal People" (@WoNP_Book) and the author is @AndrewYangVFA. It's a must-read! Stay tuned to this thread for excerpts.

Pre-order: amzn.to/2iRRByv #BasicIncome
Here's the Table of Contents to get an idea of just how many important points this book covers, and the fact it also offers real and entirely necessary solutions like Unconditional Basic Income as America's Freedom Dividend. Make no mistake, we need UBI ASAFP.

#BasicIncome #UBI
"A wave of automation and job loss is no longer a dystopian vision of the future - it's well underway. The numbers have been telling a story for a while now that we have been ignoring… this is the most pressing economic and social issue of our time."

Exactly.

#BasicIncome #UBI
Read 21 tweets
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