Revision as of 12:45, 27 February 2020

Basic income is not a new idea, but the automation with which we can do it is newer than these supporters Thomas More, John Locke and Thomas Paine.

Automatic Basic Income (ABI) will be a necessity for the survival of humanity and the planet. Some call this UBI, where the 'U' stands for either "Universal" or "Unconditional", depending on who you ask.

“If machines produce everything we need, the outcome will depend on how things are distributed. Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality.”
~ Stephen Hawking on technological unemployment^[1]

Organizations

BasicIncome.org - Basic Income Earth Network | w:Basic Income Earth Network
- Perustulo.org - BIEN Finland

UBIE.org - Unconditional Basic Income Europe
- BasicIncome.org.uk - Basic Income UK is a member of UBIE

Possible sources of money for ABI

Our automation wealth in the w:free software stack, which causes falling costs for companies and societies and more services for less money
Improved taxation e.g. the new model proposed by the w:OECD
w:Helicopter money i.e. central bank stimulating economy by printing money and giving it to the reservoir to pay for ABI

Addressing the need for tax reform

ABI around the world

Asia

Sikkim, India

w:Sikkim is a state in India, which has successfully developed hydro power projects and subsequently produces almost 10x as much electricity than it consumes and they will roll out ABI in the early 2020s.

Africa

GiveDirectly.org crowdsources funds to run an ABI scheme in Kenya. It is ABI, because the money is distributed through the M-Pesa mobile banking app^[2] hence it is automatic.

GiveDirectly.org w:GiveDirectly launched a basic income experiment in Kenya in 2016.

On 2019-11-21 a paper on the GiveDirectly experiment 'General equilibrium effects of cash transfers:experimental evidence from Kenya' was published.^[3].

Reporting on the GiveDirectly ABI experiment in Western Africa in reverse chronological order

2019-12-03 | Washington Post "global opinion" article 'What would happen if we randomly gave $1,000 to poor families? Now we know.'
2019-11-25 | 'A charity dropped a massive stimulus package on rural Kenya — and transformed the economy', Vox.com article

Basic income in wikis

Other wikis

Wikimedia foundation wikis

Wikipedia

The Finnish Wikipedia

Other

Links

/r/BasicIncome at reddit.com
Basic Income Wiki at reddit.com
r/CryptoUBI/ at reddit.com
http://groupcurrency.org/ Group Currency is a cryptocurrency that provides its identified members with a basic income, voting rights over a group fund (optional) and provides adequate means for transparency and accountability. (definition from website)

References

↑ https://www.reddit.com/user/Prof-Stephen-Hawking
↑ https://www.givedirectly.org/faq/
↑ Miguel, Edward; Egger, Dennis; Haushofer, Johannes; Niehaus, Paul; Walker, Michael (2019-11-21). "General equilibrium effects of cash transfers:experimental evidence from Kenya" (PDF). GiveDirectly.org. Retrieved 2019-12-12. Cite has empty unknown parameters: |separator=, |deadurl=, |registration=, and |subscription= (help); Check |authorlink1= value (help)CS1 maint: date and year (link)

[1] ttps://www.reddit.com/user/Prof-Stephen-Hawking

[GiveDirectlyFAQ-2] ttps://www.givedirectly.org/faq/

[GiveDirectlyStudy2019-3] Miguel, Edward; Egger, Dennis; Haushofer, Johannes; Niehaus, Paul; Walker, Michael (2019-11-21). "General equilibrium effects of cash transfers:experimental evidence from Kenya" (PDF). GiveDirectly.org. Retrieved 2019-12-12. Cite has empty unknown parameters: |separator=, |deadurl=, |registration=, and |subscription= (help); Check |authorlink1= value (help)CS1 maint: date and year (link)

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-<big>''' This article was moved to [https://develop.consumerium.org/wiki/Automatic_Basic_Income 'Automatic Basic Income' in the Consumerium.org development wiki] on 2020-02-22 '''</big>
 [[File:Le revenu de base, une vieille idée.png|thumb|right|700px|[[w:Basic income|Basic income]] is not a new idea, but the automation with which we can do it is newer than these supporters [[w:Thomas More|Thomas More]], [[w:John Locke|John Locke]] and [[w:Thomas Paine|Thomas Paine]].]]
 '''Automatic Basic Income''' ('''ABI''') will be a necessity for the survival of humanity and the planet. Some call this UBI, where the 'U' stands for either "''Universal''" or "''Unconditional''", depending on who you ask.