Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

A Shared Base Income


Published on

A presentation on the shared base income, a form of unconditional, guaranteed income paid to all. This presentation gives an introduction to the unconditional income, explaining what it is and giving a fair amount of information on why it might be a good thing.

Published in: Economy & Finance, Technology
  • Be the first to comment

  • Be the first to like this

A Shared Base Income

  1. 1. An Unconditional Income – A Shared Base Income
  2. 2. Introduction <ul><li>Different terms: Shared base income, Basic income guarantee, Universal income, Grundeinkommen, Guaranteed income, Citizen's income, Unconditional basic income, Negative income tax, … </li></ul><ul><li>A universal income for all above the age of entitlement (say 11 years). </li></ul><ul><li>A base income giving some security to all. </li></ul>
  3. 3. Funding <ul><li>Four main means of funding: </li></ul><ul><li>Through a value added tax on goods and services (such as VAT or GST), </li></ul><ul><li>Through direct taxation on incomes (personal and corporate), </li></ul><ul><li>Through rebates on income tax so to maintain a base level of income (a negative income tax), </li></ul><ul><li>Or through some form of tax on capital (land-plant), … </li></ul>
  4. 4. Funding <ul><li>Also other methods, such as land value taxation ( http:// / ), taxes more directly redistributing wealth, taxes on speculation and banks, dividends on carbon credits, and through money creation, … </li></ul>
  5. 5. A Shared Base Income <ul><li>Is based in a half share of all the income from trade in goods and services. </li></ul><ul><li>This means a 50% tax on salaries and wages, and business profits. </li></ul><ul><li>A half share is simple and so easier to implement than many tiers and forms of taxation. </li></ul><ul><li>It can also be thought more transparently fairer, as it half for me and half for you. </li></ul>
  6. 6. Level of Income <ul><li>It begins small, but the contribution it enables increases its value. </li></ul><ul><li>It rises and falls with the rises and falls in national income, making national income a direct and realisable matter for all. </li></ul><ul><li>Thus it encourages a sense of community, even in large populations. </li></ul>
  7. 7. A Simpler System <ul><li>An shared base income might eventually replace the welfare system of multiple allowances. </li></ul><ul><li>It is compatible with less state spending on health and education. </li></ul><ul><li>It is compatible with greater use of the internet for self-education and health diagnosis. </li></ul>
  8. 8. An Ethical System <ul><li>A shared base income is part of an ethical economic system that operates for ‘fulfilment without harm’. </li></ul><ul><li>Helps equalise opportunity. </li></ul><ul><li>Organises sharing. </li></ul><ul><li>Recognises the factor of luck in what abilities we inherit and how fortunate we are. </li></ul><ul><li>Treats everyone as a human being entitled to life as a right. </li></ul><ul><li>Can create a sense of obligation to give back. </li></ul>
  9. 9. A Better Incentive <ul><li>Changing the primary incentive of our system from money to fulfilment. </li></ul><ul><li>Enables people to choose more flexibility and greater leisure. </li></ul><ul><li>Encourages the greater automation and mechanisation of tasks. </li></ul><ul><li>Enables more volunteering and greater community participation… </li></ul>
  10. 10. A Better Incentive <ul><li>Removes the stigma associated with unemployment and other benefits. </li></ul><ul><li>Diminishes crime through a shared sense of belonging. </li></ul><ul><li>Can help people break from abusive situations. </li></ul><ul><li>Means people can choose to contribute and work at their ‘own job’. </li></ul>
  11. 11. Common Questions (Critiques) <ul><li>Would people still work? </li></ul><ul><li>Can we afford it? </li></ul>
  12. 12. Examples <ul><li>No actual unconditional income has yet been introduced in any one nation; however, … </li></ul><ul><li>Alaska – The Alaska Dividend. </li></ul><ul><li>Brazil – ReCivitas NGO. </li></ul><ul><li>Iran – partial BIG to replace oil subsidies. </li></ul><ul><li>American & Canadian negative income tax experiments in the ’70s. </li></ul><ul><li>Africa, … </li></ul>
  13. 13. Exponents <ul><li>Bernard Russell, “…a certain small income, sufficient for necessaries, should be secured to all, whether they work or not…” Proposed Roads To Freedom (1918) </li></ul>
  14. 14. Exponents <ul><li>John Kenneth Galbraith (economist), “…provision of a basic income as a matter of general right… If the individual cannot find (or does not seek) employment, he or she has this income on which to survive.” The Affluent Society (1958) </li></ul>
  15. 15. Exponents <ul><li>Martin Luther King, Jr., “I am now convinced that the simplest approach will prove to be the most effective - the solution to poverty is to abolish it directly by a now widely discussed measure: The Guaranteed Income.” Where Do We Go From Here? (1967) </li></ul>
  16. 16. Exponents <ul><li>Philippe Van Parijs (Belgian political economist), “A basic income is an income paid by a political community to all its members on an individual basis, without means test or work requirement.” Basic Income: A Simple and Powerful Idea for the 21st Century (2000)., Redesigning Distribution. </li></ul>
  17. 17. Exponents <ul><li>Götz Werner (German tycoon) “…the point of an income is to enable [people] to work [contribute], rather than income being the reason for working.” Grundeinkommen (2008) </li></ul>
  18. 18. Grundeinkommen <ul><li>In the film people are asked if they would continue to work if an unconditional basic income were introduced, and the results of a survey are given. Sixty percent say they would continue to go to work as before. Thirty percent would continue but part-time or in a different job. Ten percent say they would take a break and then do something different like looking after others or studying. </li></ul><ul><li>But asked if they thought other people would go to work, eighty percent said, 'No, it would be impossible to get others to work if there was a basic income.' </li></ul>
  19. 19. Movements <ul><li>BIEN (Basic Income Earth Network) & affiliates… </li></ul><ul><li>Germany – Netzwerk Grundeinkommon. </li></ul><ul><li>Brazil – ReCivitas NGO. </li></ul><ul><li>UK - Green Party (Citizens Income), Citizens Income Trust, … </li></ul><ul><li>… </li></ul>
  20. 20. Further Information <ul><li>A Shared Base Income – ; </li></ul><ul><li>Universal Income sites – www.bien . , http:// </li></ul><ul><li>Political Party Advocates </li></ul><ul><li>Journal – 'Basic Income Studies' http:// / </li></ul><ul><li>US BIG Newsletter ( [email_address] ) </li></ul>