Pandemic, Racial Inequality, Women's Rights. Is UBI a part of the solution?

Universal Income Newsletter, Issue #5

The UBI Network (https://ubinetwork.org) is a group of volunteers dedicated to finding a practical path to delivering Universal Income to the citizens of the World.

We are examining non-governmental, actionable, software based strategies, leveraging blockchain technology, to make a global single solution to the likely workless future as automation replaces jobs.

We want to enable merchants who sell goods or services to send spendable tokens (like modern discount tokens and cash-back program)s to the wallet of every citizen, globally. We will top up the tokens to a monthly minimum with Universal Reward Tokens.

This will involve the use of Blockchain to create a Rewards Chain capable of managing the distributions and a company managing the wallets and transactions. We are working on details as a team.

This newsletter is free and gathers together the most interesting content of the week. It is selected due to its topicality or its substance, not because we necessarily agree with the content. Indeed, most weeks there is much to disagree with …..


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After The Pandemic: What is the world of work going to look like?

Sky News

After The Pandemic: What is the world of work going to look like? Sky News is joined this week by names from culture, politics, economics, science and tech to discuss post-pandemic life. 

‘When All Men Are Paid for Existing’: Universal Basic Income Has Arrived

National Review

Amid all the momentous events that have defined the coronavirus pandemic, the decision by both the Trump administration and, in near-unanimous votes, both houses of Congress to institute a “stimulus” program — an element of which amounts to a de facto universal basic income (UBI) — is perhaps the least appreciated.It is an argument that might have more force had not conservative political parties in the Western world found it so difficult to rein in an expanding welfare state that can no longer be afforded, something that became all too obvious in the battles over “austerity” after the European debt crisis.

Every single German child to get £270 in new scheme to boost economy

Mirror Online

Merkel said the support programme would help "the economy to find its feet and grow again" - and Spain has a similar idea.On May 18, the Spanish Government unveiled plans to introduce a 'Guaranteed Minimum Income' to ease the pressure of coronavirus on poorer families.

NEWARK RELEASES GUARANTEED INCOME REPORT

InsiderNJ

Mayor Baraka has been a vocal supporter of the need for such a policy since he announced last spring that he was launching Newark’s Guaranteed Income Task Force to explore how regular, unconditional infusions of cash— could advance the needs of city residents.NEWARK RELEASES GUARANTEED INCOME REPORT AND THIS IS WHAT THE PILOT PROGRAM COULD LOOK LIKE Pilot program to focus on residents facing housing insecurity Newark, NJ–June 4, 2020—  Mayor Ras J.

Is a Universal Basic Income Program Worth the Costs?

ReasonMany libertarians, including myself, have always been open to the idea of moving away from traditional welfare programs to cash payments.In a world where governments already redistribute income with all of the inefficiency that comes with overlapping bureaucracies, frequently resulting a very mediocre welfare system, the notion of direct cash payments has some appeal due to its relative simplicity and fairness.

Ex-Yang Aide Is Running for Congress with Bitcoin and UBI on His Mind

CoinDesk

“There’s acute urgency to ensure that Bitcoin and cryptocurrency have mass adoption and have a regulatory framework that enables their innovation in New York and in the United States,” Herzog said.Looking out his window at the rebuilt One World Trade Center (better known as the Freedom Tower), he explained why he thinks about Bitcoin through a civil rights framework and why he sees a pressing need for a universal basic income (UBI), a signature issue for Herzog’s former boss Yang.

Kamala Harris And Andrew Yang Renew Call For $2,000 A Month Stimulus Check

ForbesKamala Harris and Andrew Yang renewed their call this week for you to get a $2,000 a month stimulus check.Both Harris and Yang have supported monthly stimulus checks, and Yang, in particular, centered his presidential campaign on the idea of universal basic income.

The success of the furlough scheme—and the fear of what comes next

Prospect

There has clearly been some fraud on the furlough scheme, with many tales of employers who take the cash actually requiring employees still to work.Whilst the emergency of the pandemic might have provided a defence to employers for not adhering to this minimum period, the existence of the furlough scheme means that it will be difficult to argue that it is not reasonably practicable for them to consult unions, staff reps or employees.

Rutger Bregman on His Intellectual Journey and the Problems of the Speaking Circuit

History News Network

He was essentially self-publishing a book in English, the translation funded by De Correspondent, called Utopia for Realists: The Case for a Universal Basic Income, Open Borders, and a 15-Hour Workweek.When I read one paper back later, I had no idea what I was talking about.”

Spain rekindles a radical idea: a Europe-wide minimum income

The Guardian

Now, as Europe reels from tens of thousands of coronavirus deaths and millions of lost jobs in the worst recession for generations, ministers from Spain, Italy and Portugal say the time has come to revive a radical idea: a pan-EU minimum income.Iglesias saw the programme in Spain – and similar schemes in Italy, Portugal and several other EU countries – as distinct from the proposal for a pan-EU minimum income.

Government debt and Covid-19 – why there’s no need to worry

Positive Money

This is unsurprising as the government extends life support to the economy with increased spending and borrowing, whilst collecting less tax revenue, due to higher unemployment and the business sector on pause.Currently, despite rising government debt levels, demand for gilts is incredibly high as investors consider it to be a safe asset in these uncertain times.

Finland & Universal basic income

MarketExpress

For four years the journalist had been looking for permanent work, attending job center classes and receiving state benefits alongside the odd freelance job, before he found out he had been selected for the country’s universal basic income experiment, which began in 2017.A “basic income guinea pig” — that’s how Tuomas Muraja describes himself in the title of his book about the two years he received €560 ($616) a month from Finland’s government.

Does Finland show the way to universal basic income?

Deutsche Welle

For four years the journalist had been looking for permanent work, attending job center classes and receiving state benefits alongside the odd freelance job, before he found out he had been selected for the country's universal basic income experiment, which began in 2017.A "basic income guinea pig" — that's how Tuomas Muraja describes himself in the title of his book about the two years he received €560 ($616) a month from Finland's government.