On 17 June we hosted a webinar with Guy Standing, co-founder of BIEN (Basic Income Earth Network) and formerly with ILO (International Labour Organisation); Tom McDonnell, Economist with NERI (The Nevin Economic Research Institute); and Read more…
What is Basic Income?
Basic Income is the proposal that the state should make a regular payment to every individual resident regardless of circumstances, without any means test or work requirement. It would be enough to live a frugal but decent life without additional income. There are many good reasons to do this, here are our top three:
No one should be deprived of their basic needs, no matter what their circumstances of birth or accidents of life.
Quality of Life
Everyone should have control over the balance between paid work and the other obligations, interests and concerns that make life worth living.
We must support risk-taking entrepreneurs, eliminate the poverty trap, and inject spending power into communities neglected by the globalised economy.