Tag Archives: Basic Income Guarantee

Canada to start BIG experiment

The province of Ontario, we learn this week, is set to become the first region of the country to test a “basic income”, a social support system that does away with means-tested welfare and replaces it with a single, universal payment that every citizen is entitled to. It is the ultimate leveller – and, as such, is the latest fad in leftish circles. And, apparently, Trudeau and his party are interested in extending this idea further.

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Swiss to Vote on Basic Income Guarantee

(Reuters) – Switzerland will hold a vote on whether to introduce a basic income for all adults, in a further sign of growing public activism over pay inequality since the financial crisis.

A grassroots committee is calling for all adults in Switzerland to receive an unconditional income of 2,500 Swiss francs ($2,800) per month from the state, with the aim of providing a financial safety net for the population.

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Cyprus: Minimum Income Guarantee

PRESIDENT NICOS Anastasiades yesterday announced the complete reform of social policy based on the principle of securing a Guaranteed Minimum Income for all citizens, financed in large part by eliminating non-targeted allowances.

The general principle of this new “revolutionary reform”, as he called it, is to guarantee that all citizens have an income sufficient to live on, provided they meet certain conditions.

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Turn the Fed on its Head

I have watched with quiet fascination the evolution/resurgence of alternative politics since the financial meltdown of 2008. In my opinion, we have (at least) two broad camps developing: a Ron Paul brand of libertarianism that seeks to return to a prior vision of capitalism lost, and a new brand of Economic Democrat (often reflected in the Occupy Movement and/or Green Party or the ‘New Economy’ movement) that seeks a balance between capitalism as we know it and the people at large, who are more often than not suffering the brunt of capitalism run amok.


The ideas explored in my article above were initially outlined in my book of essays A World Without War.  But the book is not just about ideas; it’s about a new mindset. A mindset that asks you to find your own individual contribution to society’s problems by wrestling with the big picture — about how culture, politics, economics, media and other social forces can work in concert to influence our behavior. Our problems will not go away. We must collectively work together to find new solutions.
— D.R. Thompson

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