Automatic Basic Income

From Wikistudy.ByJuho.fi
Revision as of 14:48, 4 December 2019 by Jukeboksi (talk | contribs) (w:GiveDirectly uses the w:M-Pesa mobile banking app + <ref name="GiveDirectlyFAQ">)
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.

Organizations

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[1] hence it is automatic.

Basic income in wikis

Other wikis

Wikimedia foundation wikis

Wikipedia

The Finnish Wikipedia

Other

Links