I have just looked at a ‘Basic Income’ Conversation‘ film and discussion. This is organised by the ‘Basic Income Conversation’.
I confess I was rather disappointed by the narrative – lots of alleged problems with ‘too good to be true’, too much money spending and so on…
I tried to suggest that there was not a problem with ‘money spending’ but neither my question – or in the end any others! were called.
I did learn that there was a Basic Income project in South Korea where one province (around Seoul) issues a basic income to young people in a local currency. That certainly needs further research…
And in the current circumstances with the ‘three million’ excluded from similar help to those on furlough the goal for a Basic Income is wide open – inflation anywhere, except for that specifically caused by Brexit, is a remote possibility.
There is much fuss about how ‘lockdown’ is responsible for poor mental health. But this is certainly no more serious than poor mental health caused by financial insecurity.
We cannot currently avoid lockdown but we could so easily change, instantly, the financial insecurity.
Basic Income would enable a much more decent life without anxiety. Isn’t that what money is for?