I took some time out to attend the Basic Income Guarantee talk tonightoverall a really really interesting discussion that Im still processing a bit in my head.
I also used the event to practice myvisual note taking skills (related to another book Im reading)so I thought I would just take a minute to upload/share a copy of those notes here (along with some personal takeaways and caveats).
#1. The single biggest, and most important, note I came away with is that Basic Income Guarantee is really a discussion about basic FREEDOM for individuals and not really so much about individual wealth or revenue.
#2. My handwriting is most likely tough to read here (and in real life too)my artwork is also seriously lacking here (and in real life too)so Ill try to post some notes below to explain some things (but also feel free to ask questions/leave comments about anything you need deciphered).
and a few other quick bits I added on a second page:
throughout the talks, I also wrote a handful of questions (that ended up mostly being answered via questions the rest of the crowd asked and/or the panelists decided to mention in related answers)here is the list of questions I had jotted down during the initial talk portion:
A.) Downside? Who is against this?
General answer was some companies; some fear too much freedom given to the masses; there is a potential moral challenge to what people would/will do with freedom; the current wealthy/middle may feel devalued/threatened.
B.) If oil goes away what does Alaska do? How would it affect the state?
In my opinion this was mostly addressed by the answers to A.
C.) What dependancies would this build? How is it kept in check to remain useful?
A couple of people in the crowd expressed concern that prices would simply rise as a result of this the panel (especially Albert) made the point that most of this only works in a deflationary economy, but they also touched on the fact that distribution and scale of the plan would ensure more freedom to the consumers (and hence the balance of price power would actually become *more* equal between consumers and sellers).
D.) How to get it started/tested?
Most agreed that an iterative approach was the most likely waysome private initiatives are already doing things/testing versions of this which is leading and driving the discussion if nothing else
E.) How does healthcare fit into this? If we cant get universal healthcare, how can we get this?
Albert touched on this in response to some of the other questions but didnt have the opportunity to really deep dive into itbut hes clearly thinking about it and I expect will address it more going forward.
F.) What can this crowd do to help? What are our action items/take aways?
Essentially the panel just wants the word and the discussion to spread at this point.
SOnow to explain a few key things about my notes above:
1. Unfort. I had Michael Lewis and Nathan Schneider mixed up throughout most of my note taking (Michael is the one that talked about political hurdles, freedom, and trade offs; Nathan was the one coming from the time management angle and was the biggest proponent of doing this all outside of government [and not testing the ideas by taking anything *away* from the current poor])
2. The interesting thing about the panel was that everyone came to the idea/desire for a basic income guarantee from a completely different angle (Albert; robots and tech make it reasonable/possible. Peter; Climate & environment changes make it required. Michael; political hurdles are getting too high and difficult for the majority of people to get any value out of current gov. programs. Nathan; Time management is forcing the issue because we no longer have time for *anything* but, often meaningless, work).
3. There was no real opposing view; many in the crowd appeared to have askeptical reactionbut mostly, I think, because they havent fully dug into the source material the panelists have been sharing (yet).
4. I knew about Alberts work around this topic (its also how I knew about the event) but was not aware of the othersof the panel, I found Michaels take very rooted in reality and at least possibleI will dig into all of the panelists content/ideas a bit more over the next few weeks, but Im excited to dig into Michaels stuff the most.
5. Unrelated to anything really, but holy cow do people need to work on asking questionsevery single question that came from the crowd was a multi-minute ramble fest (kinda like this post)they were great questions, but they took a lot to get out.
6. There is clearly a lot of growing passion around this topicthats both encouraging and excitingI hope it continues to grow.
7. If you want to get involved in this topic and other stuff around it you should check out the web site they mentioned at the end http://basicincome.nyc, follow the panelists on twitter (and their blogs), and also check out @civichall
Read more:
Quick notes from Basic Income Guarantee Panel - falicon.com
- 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]
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- 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]
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- EDITORIAL: Island needs dollars, not data, to cope with poverty - The Guardian [Last Updated On: July 29th, 2017] [Originally Added On: July 29th, 2017]
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- 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]
- 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]
- Starvation in the time of Corona: momentum for the Universal Basic Dividend - DiEM25 [Last Updated On: May 9th, 2020] [Originally Added On: May 9th, 2020]