The case for a universal basic income, no questions asked by Peter Martin SMH
As automation steadily eliminates even the kind of well-paid jobs most of us have always wanted, that time (for a universal basic income-ed) may be approaching.
What if the right to an income was as basic as the right to vote? In Australia you don't get money unless you work, or can prove you've been trying to find work or are disabled or jump through some other sort of hoop. At 65 you get the pension...In Kenya a $30 million trial is about to give 6000 citizens a basic income for 12 years to find out what difference it makes. An earlier trial found it lowered their stress hormones, improved their psychological health and cut their spending on alcohol and tobacco.
A trial in Uganda found those who got automatic payments invested more in education and starting up their own businesses. Four years on they earned 40 per cent more than those who hadn't....Yet if we are honest, those of us with good jobs should probably admit that we have them largely through luck and the accident of where we were born. Much of our income isn't the result of our own efforts, it's a dividend from our society – a dividend we deny those without those jobs.
Switzerland just had a referendum on providing each of its adults with a basic income of $3450 per month. It failed. Finland, Canada and the Netherlands are about to run trials. In Australia, and New Zealand where the idea is being promoted heavily, the basic income might be $12,000 per year – not enough to live on, but a fallback that would enable hard-up jobseekers to turn down potentially dangerous or illegal jobs such as prostitution...
The French poet Victor Hugo famously proclaimed there was "nothing more powerful than an idea whose time has come".
As automation steadily eliminates even the kind of well-paid jobs most of us have always wanted, that time may be approaching.
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