We have heard much about the basic income trial in Stockton, CA, and finally got some aggregate statistics earlier this year. These averages and other global reports are an important part of the story, but the actual experience of receiving unconditional cash is unique to each person. That becomes readily apparent through the in-depth profiles of five recipients, published by Bliss Broyard in New York Magazine. Broyard joined the podcast to reflect on her reporting and the lives she documented.
Read all of her profiles and an overall summary here: http://nymag.com/intelligencer/2019/10/universal-basic-income-stockton-california.html
While Andrew Yang has brought basic income to the national stage, we are seeing more and more state and local politicians exploring the idea as well. One of them is Morgan Harper, who is seeking to represent Ohio’s 3rd Congressional District. Harper is running on a number of transformative policies, including universal childcare, Medicare for all, and universal income. She joined the podcast to discuss her campaign, challenging an incumbent from the same party, and her take on basic income.
While there is much excitement around the various basic income pilots in progress or under consideration in the U.S. and around the world, it is worthwhile to ask what their value is, and how we can design them to maximize their value. Michael Stynes, CEO of the Jain Family Institute, and Steve Nunez, JFI’s Project Lead for their Guaranteed Income Initiative, have helped shape active and proposed UBI pilots, including the one going on now in Stockton, California. They joined the podcast to discuss their work, and the future of UBI experiments.
After the episode was recorded, JFI announced an exciting basic income trial in Marica, Brazil: https://www.businesswire.com/news/home/20191030006167/en/Announcing-Research-New-Large-Scale-Basic-Income-Policy
The Stockton SEED demonstration has drawn national attention as a modern basic income trial. Recently, we got the first reports from basic recipients there, who are receiving $500 a month, funded by the Economic Security Project. The results back up a lot of what we’ve already seen from cash transfer trials, but we also have some powerful stories of personal transformation, assisted by the extra cash. These stories provide powerful first hand accounts of what a little economic security can do. Sukhi Samra, Director of the Stockton Economic Empowerment Demonstration, joined the podcast to talk about what we’ve seen so far in Stockton.
For most of the late 20th century, having a job provided you with enough financial security to have a decent life in the United States. But today, millions of American workers are living in extreme precarity, just one emergency expense away from financial destitution. A new initiative called the Workers Strength Fund is aiming to combat this problem using unconditional cash.
If we were to fund a basic income of $1,000 a month with a wealth tax, a carbon tax, some program consolidation and deficit spending, how much would your bank account increase or decrease after your income and current government assistance are factored in? A new project, the UBI Calculator (ubicalculator.com), seeks to answer this question down to the dollar for many of the UBI plans being proposed today. The project’s creator, Conrad Shaw, joined the podcast to discuss the UBI Calculator and why he built it.
Recently we reached out to our audience asking for questions on basic income. This episode takes on three big ones: will rent and other costs increase, eating up the benefits of the UBI? How could a basic income fit into a national budget with other competing priorities such as single-payer healthcare and free community college? How might we forge a path to a national basic income?
As a reminder, you can support our work at the Basic Income Podcast by visiting glow.fm/basicincome.
Recently, legislation was introduced in Massachusetts to launch a state-funded basic income trial. The bill would create a pilot project involving 300 families over three years. We spoke with one of the legislators, Rep. Tami Gouveia, proposing this pilot about what is motivating it, and what it could achieve. The legislation is listed as H1632 in the state house and S84 in the state senate.
Robert Stayton proposes an outside-the-box idea for how to provide both ample clean energy and a basic income on the local, state or national level: solar dividends. This proposal would leverage the abundance of available solar energy with the regulatory ability to increase the price at which solar energy is purchased into the grid. To read more about Stayton’s proposal and the book that details it further, go to solardividends.org.
The favorite basic income advocate of many supporters is Martin Luther King Jr., who led the Poor People’s Campaign. This campaign has been revived in modern times by Rev. Liz Theoharis and Rev. Dr. William Barber, which looks at the issues facing poor people holistically. This includes issues as diverse as climate change, worker’s rights, housing and economic empowerment. Importantly, the campaign puts poor people at its center as a driving, shaping force. Rev. Theoharis joins the podcast to discuss the Poor People’s Campaign: A National Call for Moral Revival.
In this discussion episode, Jim lays out his ideas on how we should think about basic income in relation to other benefit programs like unemployment insurance and the Earned Income Tax Credit. We get into topics like whether basic income should count as taxable income, and the difference between the social safety net and the social contract.
Also, we now have a new way you can support the podcast! To donate to support our operational costs, and, if we reach a certain level, to promote the podcast, go to https://glow.fm/basicincome.
Basic income has been heralded as a policy that can partially address racial inequities in our economy and social benefit system, but how would the goals of racial equity inform basic income policy? Jhumpa Bhattacharya of the Insight Center for Community Economic Development joins the podcast to discuss this issue, and the vital importance of countenancing our racial history as we design future economic policy.
As basic income gains more recognition and interest, new proposals and ideas for what a basic income should look like are starting to emerge. While these proposals are occasionally studied on a one-off basis, the basic income conversation didn’t necessarily have a single hub where one could evaluate policies side by side. The UBI Center, founded by Max Ghenis, seeks to change that by providing economic breakdowns of leading basic income proposals. Max joined the podcast to discuss his work, what motivates it, and his evaluation of Andrew Yang’s Freedom Dividend.
A conversation with Rutger Bregman, author of Utopia for Realists: The Case for a Universal Basic Income, Open Borders and a 15-Hour Workweek. We discuss what brought him to the basic income movement, some historical basic income experiments, and how a basic income could benefit his home country of the Netherlands. This was one of our first episodes and originally aired in September of 2016.
Basic income advocates often talk about what a transformative impact universal basic income could have on society — but what issues and challenges will it actually solve? Jim and Owen share their thoughts on whether basic income is the solution to poverty, automation, wealth inequality, and more. This episode originally aired in February of 2018.
Canada’s basic income trials in trials in the 70s – the “Mincome” experiments – were largely forgotten until Dr. Evelyn Forget found records of the Mincome trials and individuals who had received a basic income. She discusses what she found, and the implications for Canada’s upcoming trials in Ontario. This episode originally aired in May of 2017.
Three years ago, few people had even heard of universal basic income. Now interest is growing across the country, and the idea is getting more exposure and support. What led to this shift? Owen and Jim delve into many of the factors at play, and discuss how we can take advantage of this moment. This episode originally aired in August of 2017.
Roy Bahat, Head of Bloomberg Beta, discusses the future of employment and why a universal basic income could spur innovation. He also discusses the mental leaps it requires to wrap our minds around the basic income, and what we can do to help others to make those leaps. This episode originally aired January, 2017.
Recently John McDonnell, shadow chancellor of the U.K.’s Labour Party announced that he would like to see state-funded basic income trials when the Labour Party returns to power. This has triggered an active discussion on basic income in the Labour Party and throughout the United Kingdom. Jamie Cooke, Head of RSA Scotland came back on the Basic Income Podcast to discuss these developments and where things might go from here.
On June 26th and 27th, the first Democratic Presidential debates were held in Miami, Florida. The debates gave basic income-focused Andrew Yang a national platform, and several other candidates pushed ideas such as a carbon dividend or expansion of the Earned Income Tax Credit that would put more cash in people’s hands. Owen and Jim discuss the debates and how the politics of the moment is shaping these conversations.