Universal basic income trial in UK
Thirty people could be paid £1,600 a month without any obligation under proposals for the first trial of a universal basic income in England.
Researchers from think tank Autonomy are seeking financial backing for a two-year pilot programme to see how it would change the lives of the group.
Supporters say schemes can simplify the welfare system and tackle poverty.
Participants will be drawn from central Jarrow, in north-east England, and East Finchley, in north London.
The concept of a universal basic income sees government pays all individuals a set salary regardless of their means.
https://www.bbc.co.uk/news/uk-65806599
Interesting idea but I think it should be means tested as I don't see the point of paying £1600 a month to someone in a £100k a year job.
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Paul
too little, too late
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Why is it always in the region of about 15 to 20k? It's always to much even for a trial and nothing can be gained of its impact to the economy.
Still no idea where the money can come from without causing harm and no idea why trials are always run and quietly end with nothing being concluded.
It also won't be UBI if it's not universal. The whole point is to be universal and not means tested. If it ever was means tested then not much point in working anymore.
This is another one of my gripes about it. It's always floated as an idea to help everyone and be "universal" but soon the discussion of means testing pops up and it deteriorates from there.
Broadly speaking, a lot of the support for UBI comes from groups or people who can't cope in a capitalist society or even, I assume a communist society where labour is glamourised.
it's capital's ploy to seem progressive, but really it's just to keep capitalism alive. If and when it's ever implemented widely. Else, totally ineffective.
_________________
EAT THE RICH
WPs Three Word Story (WIP)
http://mrpieceofwork.byethost33.com/wp3/
My text only website
https://rawtext.club/~mrpieceofwork/
"Imagine Life Without Money"
I think it will be very interesting to see the results.
I understand what Rossall is saying that it should be means tested but surely the point is that it shouldn't be means tested? It's a way of equalising everyone. And I imagine that if UBI works, people won't need all these £100K jobs or they won't even exist anymore. Especially if AI comes along and does most jobs for us.
Interesting comments from these people:
“Our society is going to require some form of basic income in the coming years, given the tumult of climate change, tech disruption and industrial transition that lies ahead. This is why building the evidence base and public engagement now is so important, so the ground is well prepared for national implementation.”
In 2020, more than 170 MPs and peers urged the government to introduce a universal basic income to “give everyone the financial support they need to provide for themselves and their families” during the coronavirus pandemic.
Cleo Goodman, a co-founder of the initiative Basic Income Conversation, said: “We’re hopeful that this plan will result in the first ever basic income pilots in England. No one should ever be facing poverty, having to choose between heating and eating, in one of the wealthiest countries in the world. Basic income has the potential to simplify the welfare system and tackle poverty in Britain.”
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I understand what Rossall is saying that it should be means tested but surely the point is that it shouldn't be means tested? It's a way of equalising everyone. And I imagine that if UBI works, people won't need all these £100K jobs or they won't even exist anymore. Especially if AI comes along and does most jobs for us.
Interesting comments from these people:
“Our society is going to require some form of basic income in the coming years, given the tumult of climate change, tech disruption and industrial transition that lies ahead. This is why building the evidence base and public engagement now is so important, so the ground is well prepared for national implementation.”
In 2020, more than 170 MPs and peers urged the government to introduce a universal basic income to “give everyone the financial support they need to provide for themselves and their families” during the coronavirus pandemic.
Cleo Goodman, a co-founder of the initiative Basic Income Conversation, said: “We’re hopeful that this plan will result in the first ever basic income pilots in England. No one should ever be facing poverty, having to choose between heating and eating, in one of the wealthiest countries in the world. Basic income has the potential to simplify the welfare system and tackle poverty in Britain.”
I think Estonia (or some other Baltic country) done the same for similar reasons and they concluded it made no difference. I think it might have actually been trying to get people into the jobs market again though.
I just think it'll cause serious inflation. Many articles and people say that it doesn't increase the actual amount of money in an economy but fail to factor in the type of money. Removing wealth from the stock market and business and converting it into cash to promptly give to everyone and everyone hardly seems like a good idea. Seems like it would cause a lot of inflation to me while also devaluing a currency.
It is so hard to tell without a large experiment, I mean lots of people. I thought the Scandinavian countries had done large experiments with UBI and concluded it made a difference but their lives are pretty good anyway.
It seems crazy that large numbers of people are struggling to survive in Britain, one of the richest countries in the world. I wonder where that money could have gone...
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The two areas tthey've chosen are very different. In Jarrow in the north east someone in a council house could probably have quite a comfortable lifestyle and run a car on £1600 a month whereas in Finchley, London they would struggle renting privately. It probably wouldn't even cover the rent on a one bedroomed flat.
Tbh I think the current welfare system is probably the least worst option with the exception of the overly harsh UC sanctions regime brought in by the Tories.
_________________
Diagnosed with Schizophrenia, ADHD - Inattentive type and undiagnosed aspergers. Also drink heavily.
Interests: music (especially 80s), computers, electronics, amateur radio, soccer (Liverpool).
Paul
Last edited by Rossall on 05 Jun 2023, 11:27 am, edited 3 times in total.
It seems crazy that large numbers of people are struggling to survive in Britain, one of the richest countries in the world. I wonder where that money could have gone...
Nordic nations have large amounts of oil wealth supporting their mediocre economies so that needs to be taken into account. Nordic nations can get away with it for a limited amount of time, they're like the Saudi Arabia of Europe.
From what I can gather, the funds for UBI will supposedly come from corps but I think the money is better left in business accounts and stocks than turned into liquid cash and handed out to everyone. Liquidising business war-chests and stocks and converting it into cash is only one step below printing money.
It'll probably devalue a currency very quickly when the world catches on that huge amounts of business wealth is being plundered on boose, cigs and feckless spending. Not only will that cause inflation to rise, but also the sudden cash injection from business to individuals will cause inflation to death spiral out of control.
People aren't all going to spend it on booze, cigs and feckless spending though. They will use it to buy food, clothes, heating- vital things like that. People aren't poor because they spend their money recklessly- they're poor because they don't have any money.
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Absolute poverty like you describe is actually quite rare in the UK. Relative poverty is common but still those living in relative poverty usually make ends meet on the essentials.
I think the vast majority of UBI wouldn't be spent on the essentials but rather the non-essentials. It's the cash injection on non-essentials that might end up backfiring and also, ruthlessly the fact people can afford all the essentials without needing to work anymore making working somewhat optional.
I just don't see an economy like that lasting longer than 1 year. The currency will probably nose dive in value just by the government announcing they're rolling out UBI nation wide, and that's before a penny is even given out.
