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The Limits of Basic Income

Basic income also does nothing to change who controls production, leaving it in the hands of undemocratic capital. It does not change the extent of commodification in our society—in other words, the ...
The policy of providing guaranteed cash incomes has gained momentum in recent years. This tool to tackle inequality has the ...
A New Jersey lawmaker is proposing a nationwide pilot program for a guaranteed basic income. The 3-year experiment would give 10,000 Americans a monthly basic income. The payments would cover the ...
Oregon's universal basic income measure failed, with 78.8% of voters opposing the policy. The measure proposed giving $1,600 annually to state residents, funded by a corporate tax increase. Basic ...
The idea of a universal basic income—a taxpayer-funded minimum monthly payment meant to reduce poverty and improve opportunity—is alluring. That’s especially true for low-income mothers of newborns.
Over half of Canadians feel “financially paralyzed” by the cost-of-living crisis, according to a recent poll. As life becomes more unaffordable for more people, we need governments to create policies ...
LA advanced a proposal for a new basic income program targeting domestic abuse survivors. It's inspired by the results of the city's BIG:LEAP program, a large-scale basic income pilot. BIG:LEAP found ...
Forbes contributors publish independent expert analyses and insights. AI researcher working with the UN and others to drive social change. The global economy stands at an inflection point. While ...
As an artist who brings complex stories to life through theater, I understand the power of storytelling to shape how we see the world — and what we believe is possible. Narratives can inspire hope, ...
Every era of seismic technological change has been accompanied by the fear that these will upend livelihoods and disrupt established ways of life. From the Luddites smashing looms in 19th-century ...