Guaranteed Minimum Income

This tag is associated with 3 posts

Basic Income in Canada – The story of Manitoba’s Mincome trial (from 1975 to 1979)

Manitoba’s Mincome trial, which ran from 1975 to 1979, is being spoken of respectfully now because guaranteed income has so rarely been tested in a thoughtful way. Mincome was designed consciously as an experiment, applied in two theatres. In the city of Winnipeg, 1,187 households were randomly chosen to receive a “negative income tax,” and … Continue reading

Universal Basic Income – GiveDirectly, a charity that gives 6,000 Kenyans enough money to escape poverty for a decade

GiveDirectly, a charity that gives money directly to poor people in Kenya and Uganda, is launching a big new project: a basic income. A basic income — also called a universal basic income (UBI), guaranteed minimum income, citizens’ dividend, demogrant, etc. — is a regular payment to a group of people just for being alive. Normally, … Continue reading

A Universal Basic Income (UBI) for a post-work economy

Many are now calling for a “universal basic income” (UBI)—where the state gives everyone enough to live on. This would put a floor under the class of people we’re calling the “precariat,” people for whom work doesn’t lead to increased financial security. It would free us from the bullshit, allowing everyone to benefit from automation, … Continue reading

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