Here are the top political news stories for today.
@BDZW99S5 days5D
https://www.nber.org/papers/w24312
https://www.aeaweb.org/articles?id=10.1257/pol.20200143
Google Stockton SEED and GiveDirectly
And more and more. A dozen or so attempts have been made and each was a resounding success. It typically shows a small improvement in growth and a very big improvement in health, poverty reduction, wellbeing and economic security.
@BCPXRD72mos2MO
@BBMW2624mos4MO
@BB29QDV4mos4MO
One can see a list of studies with supporting links here: https://en.wikipedia.org/wiki/Universal_basic_income_pilots
This one contextualizes the work disincentive that exists in practice, demonstrating that society is not significantly harmed by that which does exist; it may be paywalled though (it was free to read years ago): https://philpapers.org/rec/PASWTT
For moral arguments:
This book makes a strong moral argument for "freedom as the power to say no" and is free to read from the author: https://widerquist.com/wp-content/uploads/2024/03/Freedom-as-the-Power-to-Say-No-Independence… Read more
@B9WFMMJ5mos5MO
@B879HDR8mos8MO
@B866D7M8mos8MO
https://economictimes.indiatimes.com/news/international/global-trends/us-news-over-1000-job-cuts-rattle-tech-industry-in-2025-amazon-meta-google-intel-lay-off-thousands-of-employees-check-full-list-of-companies/articleshow/125029264.cms?from=mdr
https://www.nbcnews.com/business/business-news/tens-thousands-layoffs-are-blamed-ai-are-companies-actually-getting-rcna240221
https://www.bbc.co.uk/news/articles/c07vmllz38jo
While it's not yet fully here as AI is still in it's infancy, the fear of it is real and justified as someone who works in the tech sector. I've personally seen the… Read more
@B43Q8D21yr1Y
It would reduce mental health issues in terms of the stress and worry about basic living requirements. It would also massively simplify the complex benefits systems and reduce the stigma around people who are legitimately on benefits. If people don't want to work they are always going to find ways around it, so stop trying to get people who don't want to work to work and start focussing on those who do, by providing a better education system based on the technology we have available to us now and what's coming in the near future, more funding for higher education, better apprenticeships and less stress on pupils.
@9M4NP4X2yrs2Y
@9HQS2XT2yrs2Y
Money is a motivation to work - to provide for yourself, your family, your country. UBI removes a considerable portion of this motivation by giving people an income regardless of work done. It supports a laziness. Also, there are plenty of benefits already in existence for those who struggle to make ends meet with their pay-check.
@B92QC64Plaid Cymru 6mos6MO
A experiment was conducted in California (SEED) where 125 adults were given $500 extra per month on a prepaid for credit card on top of their incomes for 2 years and this money was tracked and categorized.
At the end of the experiments it found that Full time employment rose among the adults (28% --> 40%)
The expenditures on the credit cards were categorized as shown below:
Food: 36.92%
Sales/Merchandise: 22.70% (the report notes some of this likely includes food from big-box/wholesale stores)
Utilities: 11.34%
Auto care: 8.77%
Services: 6.90%
Transportation: 3.45%
Medical: 3.06%
In… Read more
Self-care/recreation: 2.09%
@B8YMY6R 6mos6MO
Test cases in Scandinavia, and the new scheme for artists/musicians in Ireland are demonstrating the positive impact UBI can have. Piketty's "Capital in the Twenty-First Century" presents a comprehensive analysis of the impact of capital flow over the past century and makes a compelling case that concentration, rather than distribution, of capital causes more economic harm in terms of growth.
@9LVKB8S2yrs2Y
@rowanbanks 2yrs2Y
@9LV6NHD 2yrs2Y
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