The concept of a universal basic income has already been suggested for arts workers hit by the pandemic, but what if there was a constant security and safety net for all, a payment always delivered to all citizens with no strings attached?
The idea was first floated by Thomas More in Utopia in 1516, is now being advocated by Pope Francis and President Michael D Higgins and is being considered by governments across the world. The basic income guarantee is frequently referred to as universal basic income (UBI).
UBI is a periodic payment paid at regular intervals as a cash payment without conditions, allowing those who receive it to decide what to spend it on. It is paid individually without a means test and is unconditional without a requirement to work or demonstrate a willingness to work.
In Ireland, the Green Party fought for a trial run for UBI to be included in the Programme for Government, and there is to be one at some stage over the next five years.
Among its most ardent supporters is Green Party Dublin Central TD Neasa Hourigan, co-author of the partys policy. The Green Party proposes a system of UBI in Ireland for all citizens in 2024, pending a successful trial. She envisages that the trial in Ireland will take between 18 and 20 months to plan and that the trial itself would run for two to three years.
A basic provision of economic resources would address poverty and economic inequality even though it doesnt promise to eradicate either, Hourigan says. She says that in Ireland we already recognise payments like these child benefit and state pension but UBI would close the gap between the two.
I am particularly wedded to UBI because it would have the greatest uplift for people on the margins of existing social welfare bands. The lowest income families should already be within the support network but those in part-time employment often find themselves just outside State help. UBI would address that and be particularly important for women and those who care.
The Greens are not alone in supporting UBI. It also has advocates in Fianna Fil such as Willie ODea, while outside government the Social Democrats have also expressed interest. The Department of Social Protection has said that the Low Pay Commission will examine UBI in due course.
It has been tested elsewhere. The longest trial run for UBI in the world is in Alaska. Since 1982, the state has been giving every woman, man, and child between $1,000 to $2,000 per year. A 2016 study by the University of Alaska found it reduced poverty up to 20 per cent.
In Finland, a two-year UBI study in 2017 and 2018 saw 2,000 unemployed Finns receive the payments of 560, with no obligation to seek a job and no reduction in payment if they accepted one. Participants reported greater feelings of autonomy, financial security, and confidence in the future, although it did not make them any more likely to find work.
[UBI is] a big idea but a transformative idea, in the way bringing in an old-age pension would have been seen as radical more than 100 years ago, says Bobby Lambert, joint co-ordinator of Basic Income Ireland, a campaign group for UBI in Ireland.
Lambert would rather the Irish trial did not focus on a group like the unemployed and rather a more general group of people, preferably a geographical area. To pay every resident in Ireland the basic income would cost an estimated 6.5 billion per annum.
Some taxes suggested to raise for money for UBI in the Green Party policy include pension funds, site value tax, speculative transaction tax and stamp duty for property trades that are not the principal private residence.
UBI would be given to each recipient from birth or point of residency, from cradle to grave, with the amount given to those under 26 years of age varied depending on wages in a similar way to how social welfare exists today with a set rate given to all adults over 26. Children under 18-years-old would receive 32.31 per week, according to the Green Party plan, with 112.70 for 18 to 21-year-olds, 157.80 for 21 to 25-year-olds and 203 for adults over 26 years old.
UBI is not without its critics. Laura Bambrick, the head of social policy and employment affairs at the Irish Congress of Trade Unions, finds the idea of replacing existing welfare safety nets concerning. The money needed to pay adequate UBI, she says, would be better spent on reforming social protection systems and building better quality public services.
Our welfare system is complex precisely because the root causes of poverty are complex, Bambrick says. A one-size-fits-all payment will hurt those with the greatest risk of poverty.
She believes that no UBI payment would work as well as an average European welfare system for the most vulnerable people. And she contends that providing welfare top-ups on top of UBI, as advocated by some proponents of this system, would end up being far too costly. [It] would make for a uniquely Irish UBI, and I look forward to seeing their maths. Hourigan says that the difference between the current welfare rates and UBI will be made up by further State payments.
Welfare and efficient use of resources also concerns Ian Goldin, Professor of Globalisation and Development at Oxford University, who has spoken against UBI in the past.
He says that if you gave everyone half the minimum wage in Ireland, it would be bigger than the budget of all social welfare. He points out that UBI is favoured by tech billionaires and right-wing libertarians as well as left-wing progressives, and it may be used by the rich to normalise the automation of employment and abolish existing welfare supports.
Its giving everyone a low amount of money and we will give unemployed people less than they need and unnecessarily so. That is not the answer to either poverty inequality or the future of work.
Goldin also takes issue at the universality of UBI, saying it is a waste of needed funds to give the income to the wealthy. He says that societal safety nets and raising the wage of low-paid and vulnerable workers through the current system would be a more worthy use of resources.
The other issue frequently brought up by critics of UBI is the danger that an unconditional payment would disincentivise work, even though the trials done so far suggest that payments have little effect on employment.
Danny McCoy,chief executive of the Irish Business and Employers Confederation (Ibec), says UBI would undermine our current active labour market policies which would result in labour supply challenges and could diminish overall labour cost competitiveness in the economy.
He says that Ibec remains open to debate on the merits of UBI and research that indicates it could be positive for entrepreneurship. On that point, Lambert highlights a UBI project in Namibia, which found it helped local business as they had the financial security to work on business ideas.
Hourigan says that Covid-19 has changed the discussion and been valuable to the UBI debate. There has always been a real resistance to the idea that our current tax system and economic models could support such a payment. The Covid-19 crisis has refocused the minds of many towards the well-being of communities.
UBI is not going to solve the housing crisis, says Lambert. But it is part of a general investment for a better and fairer society.
Continue reading here:
Basic income for all: Has the Covid crisis given us a new economic model? - The Irish Times
- Income inequality in the United States - Wikipedia [Last Updated On: January 5th, 2017] [Originally Added On: January 5th, 2017]
- Basic Income as All-inclusive Democratic Subsidy - Basic Income News [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Basic income is superior to the job guarantee - Basic Income News [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- CANADA: Over 10000 people have signed to support Basic Income - Basic Income News [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- A response to 'The dangers of a basic income' - Basic Income News [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Ebay founder backs universal basic income test with $500000 pledge - Mashable [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- OPINION: Human rights, basic needs - The Guardian [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Left-Wing America Steps Up Calls For Free Money, Jobs Guarantee - Daily Caller [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Guaranteed basic income proposed. - Bayshore Broadcasting News Centre [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- World Economic Forum blog: Canada's basic income experiment will it work? - Basic Income News [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Expert: We Can Have Universal Basic Income and Jobs - Futurism - Futurism [Last Updated On: February 18th, 2017] [Originally Added On: February 18th, 2017]
- Ben Wray: Why both the right to work and the right not to work can set us free - CommonSpace [Last Updated On: February 20th, 2017] [Originally Added On: February 20th, 2017]
- VIDEO: Basic Income presentation at Meeting of the Minds Summit - Basic Income News [Last Updated On: February 22nd, 2017] [Originally Added On: February 22nd, 2017]
- Australia Needs A Universal Basic Income, And We Should Start ... - Huffington Post Australia [Last Updated On: February 24th, 2017] [Originally Added On: February 24th, 2017]
- A guaranteed income isn't the solution to widespread unemployment - Acton Institute (blog) [Last Updated On: March 1st, 2017] [Originally Added On: March 1st, 2017]
- Industry body bats for universal basic income for women - Times of India [Last Updated On: March 8th, 2017] [Originally Added On: March 8th, 2017]
- Basic Income in Argentine News - Basic Income News [Last Updated On: March 10th, 2017] [Originally Added On: March 10th, 2017]
- Basic-income guarantee is way to end poverty - Times Colonist [Last Updated On: March 11th, 2017] [Originally Added On: March 11th, 2017]
- Letters: Guaranteed income guarantees sloth - The Province [Last Updated On: June 6th, 2017] [Originally Added On: June 6th, 2017]
- Universal basic income: guarantee pay as way to improve quality of life - WatertownDailyTimes.com [Last Updated On: June 6th, 2017] [Originally Added On: June 6th, 2017]
- About That Universal Basic Income Idea - FITSNews [Last Updated On: June 6th, 2017] [Originally Added On: June 6th, 2017]
- Basic income plan doable: Northern study - The Sudbury Star [Last Updated On: June 6th, 2017] [Originally Added On: June 6th, 2017]
- Study of Iran's basic income shows it did not harm employment - Basic Income News [Last Updated On: June 7th, 2017] [Originally Added On: June 7th, 2017]
- Should all Americans receive a guaranteed income? - First Coast News [Last Updated On: June 20th, 2017] [Originally Added On: June 20th, 2017]
- Should all Americans receive a guaranteed income? - KPNX 12 News TV [Last Updated On: June 21st, 2017] [Originally Added On: June 21st, 2017]
- Should all Americans receive a guaranteed income? - 9NEWS.com [Last Updated On: June 21st, 2017] [Originally Added On: June 21st, 2017]
- Should all Americans receive a guaranteed income? - KHOU [Last Updated On: June 24th, 2017] [Originally Added On: June 24th, 2017]
- Net incomes under a Basic Income system - Basic Income News [Last Updated On: July 1st, 2017] [Originally Added On: July 1st, 2017]
- Basic Income Guarantee program moving forward for 2000 Lindsay residents - Kawartha Media Group [Last Updated On: July 8th, 2017] [Originally Added On: July 8th, 2017]
- UBI is just a bedtime story Elon Musk tells himself to help the super-wealthy sleep - Quartz [Last Updated On: July 14th, 2017] [Originally Added On: July 14th, 2017]
- NDP leadership candidate visits Guelph (8 photos) - GuelphToday [Last Updated On: July 18th, 2017] [Originally Added On: July 18th, 2017]
- Does Basic Income Solve Anything? Grasp the Arguments for and ... - Futurism [Last Updated On: July 21st, 2017] [Originally Added On: July 21st, 2017]
- Value in using tax system for basic income: Report - The Sudbury Star [Last Updated On: July 21st, 2017] [Originally Added On: July 21st, 2017]
- NEW ORLEANS, LA, US: Local basic income group begins to hold monthly meetings - Basic Income News [Last Updated On: July 25th, 2017] [Originally Added On: July 25th, 2017]
- More Calgarians struggle to feed their families over the summer months - CBC.ca [Last Updated On: July 26th, 2017] [Originally Added On: July 26th, 2017]
- Renfrew County dietitian recognized by board of health for provincial award - www.insideottawavalley.com/ [Last Updated On: July 27th, 2017] [Originally Added On: July 27th, 2017]
- EDITORIAL: Island needs dollars, not data, to cope with poverty - The Guardian [Last Updated On: July 29th, 2017] [Originally Added On: July 29th, 2017]
- DON PRIDMORE: Be careful what you wish for... - The Guardian [Last Updated On: August 1st, 2017] [Originally Added On: August 1st, 2017]
- Is a Well-Paying Job the next Entitlement Program? - Big Think (blog) [Last Updated On: August 5th, 2017] [Originally Added On: August 5th, 2017]
- Let's talk about a supplemental income - The Hindu [Last Updated On: August 7th, 2017] [Originally Added On: August 7th, 2017]
- Universal basic income proponent to speak in Boise - Idaho Press-Tribune [Last Updated On: August 7th, 2017] [Originally Added On: August 7th, 2017]
- Hashtag Trending Battery-free phone, Apple's China backlash - IT World Canada [Last Updated On: August 10th, 2017] [Originally Added On: August 10th, 2017]
- New Zealand Fabians host Basic Income panel - Basic Income News [Last Updated On: August 13th, 2017] [Originally Added On: August 13th, 2017]
- Universal Basic Infrastructure to help decrease India's poverty - Economic Times [Last Updated On: August 14th, 2017] [Originally Added On: August 14th, 2017]
- After lifting minimum wage, NDP government prepares to consult public about reducing poverty - Straight.com [Last Updated On: August 16th, 2017] [Originally Added On: August 16th, 2017]
- How Cities Can Rebuild the Social Safety Net - CityLab [Last Updated On: August 24th, 2017] [Originally Added On: August 24th, 2017]
- Food shopping at dollar stores | Brantford Expositor - Brantford Expositor [Last Updated On: August 24th, 2017] [Originally Added On: August 24th, 2017]
- 'Me too' and the basic income guarantee | Basic Income News [Last Updated On: February 6th, 2018] [Originally Added On: February 6th, 2018]
- Basic Income Now | It's time for dignity for all [Last Updated On: March 17th, 2018] [Originally Added On: March 17th, 2018]
- Is a Basic Income Guarantee the Right Choice for Ontario? [Last Updated On: June 27th, 2018] [Originally Added On: June 27th, 2018]
- The Ethics and Economics of the Basic Income Guarantee ... [Last Updated On: September 18th, 2018] [Originally Added On: September 18th, 2018]
- Basic Income Guarantee - Your Right to Economic Security ... [Last Updated On: November 8th, 2018] [Originally Added On: November 8th, 2018]
- Basic income could end food insecurity - Upstream [Last Updated On: January 3rd, 2019] [Originally Added On: January 3rd, 2019]
- 'Hartz reforms': how a benefits shakeup changed Germany ... [Last Updated On: January 28th, 2019] [Originally Added On: January 28th, 2019]
- Quick notes from Basic Income Guarantee Panel - falicon.com [Last Updated On: January 28th, 2019] [Originally Added On: January 28th, 2019]
- New book reviews the Namibian Basic Income pilot - Basic Income News [Last Updated On: October 1st, 2019] [Originally Added On: October 1st, 2019]
- Democrats focus on some Midwestern issues at Westerville debate, a departure from past three forums - cleveland.com [Last Updated On: October 16th, 2019] [Originally Added On: October 16th, 2019]
- Assembly Elections 2019: Why is the Congress evasive about NYAY scheme this poll season? - Moneycontrol.com [Last Updated On: October 16th, 2019] [Originally Added On: October 16th, 2019]
- Letter to the Editor: Universal basic income is inevitable as we head toward a fully automated society - The Post [Last Updated On: October 16th, 2019] [Originally Added On: October 16th, 2019]
- Democratic debate highlights: best and most substantive answers of the night - Vox.com [Last Updated On: October 16th, 2019] [Originally Added On: October 16th, 2019]
- Sanders: 'Damn right we will' have a job for every American | TheHill - The Hill [Last Updated On: October 16th, 2019] [Originally Added On: October 16th, 2019]
- 'Most Americans Don't Want To Work for the Federal Government' Says Andrew Yang, Trashing Federal Jobs Guarantee - Reason [Last Updated On: October 16th, 2019] [Originally Added On: October 16th, 2019]
- Basic Income as 40 Acres and a Mule - Basic Income News [Last Updated On: October 16th, 2019] [Originally Added On: October 16th, 2019]
- WAYNE YOUNG: Island voices must be heard - The Guardian [Last Updated On: December 15th, 2019] [Originally Added On: December 15th, 2019]
- The Guardian view on Finlands new PM: a different type of leadership - The Guardian [Last Updated On: December 15th, 2019] [Originally Added On: December 15th, 2019]
- 5 Psychological Forces That Turn People into Political Hacks | Aaron Pomerantz - Foundation for Economic Education [Last Updated On: January 13th, 2020] [Originally Added On: January 13th, 2020]
- P.E.I. groups say basic Income should not replace addictions, other supports - The Journal Pioneer [Last Updated On: January 27th, 2020] [Originally Added On: January 27th, 2020]
- Trump to let states overhaul Medicaid for the poor, seeking to change Obamacare without legislation - Washington Examiner [Last Updated On: January 30th, 2020] [Originally Added On: January 30th, 2020]
- Find ways to improve the revenue of farmers: Congress - The Hindu [Last Updated On: January 30th, 2020] [Originally Added On: January 30th, 2020]
- Eliminating Child Poverty With a Government Check - The New York Times [Last Updated On: January 30th, 2020] [Originally Added On: January 30th, 2020]
- Andrew Yang Expects 'Many' of His Supporters to Back Sanders in Iowa: We 'Have a Lot of Overlap' - Newsweek [Last Updated On: January 30th, 2020] [Originally Added On: January 30th, 2020]
- Life, Liberty, and Basic Income | Opinion - Harvard Crimson [Last Updated On: February 29th, 2020] [Originally Added On: February 29th, 2020]
- Lockdown to fight coronavirus is going to hit most Indian workers very hard - Livemint [Last Updated On: March 26th, 2020] [Originally Added On: March 26th, 2020]
- Beware of a lopsided lockdown - The Hindu [Last Updated On: March 26th, 2020] [Originally Added On: March 26th, 2020]
- We face a war against coronavirus and must mobilise accordingly | Free to read - Financial Times [Last Updated On: March 26th, 2020] [Originally Added On: March 26th, 2020]
- Coronavirus: Iain Duncan Smith says dont bring in universal basic income during pandemic as it would be disincentive to work - The Independent [Last Updated On: March 26th, 2020] [Originally Added On: March 26th, 2020]
- Solidarity Economicsfor the Coronavirus Crisis and Beyond - The American Prospect [Last Updated On: March 26th, 2020] [Originally Added On: March 26th, 2020]
- I've lived through plenty of social shocks this time we must learn the lessons - The Guardian [Last Updated On: March 31st, 2020] [Originally Added On: March 31st, 2020]
- Common Arguments Against Basic Income Don't apply to the Emergency BI - Basic Income News [Last Updated On: March 31st, 2020] [Originally Added On: March 31st, 2020]
- How a Basic Income And Jobs Guarantee Can Save The Economy From Coronavirus - The National Interest [Last Updated On: March 31st, 2020] [Originally Added On: March 31st, 2020]