Friday, December 28, 2018

The travails of the universal basic income.

Universal basic income had a rough 2018

Some of the biggest and most promising experiments were plagued by delays and shutdowns.

Silicon Valley loves the idea of universal basic income. Many in the tech elites tout it as the answer to job losses caused by automation, if only people would give it a chance.

The idea is that all citizens receive a set amount of money from the government to cover food, housing, and clothing, without regard to income or employment status. This minimum stipend can be supplemented with wages from work. Advocates say it will help fight poverty by giving people the flexibility to find work and strengthen their safety net, or that it offers a way to support people who might be negatively affected by automation.
Getting people on board with basic income requires data, which is what numerous tests have been trying to obtain. But this year, a number of experiments were cut short, delayed, or ended after a short time. That also means the possible data supply got cut off.

Back in June we declared, “Basic income could work—if you do it Canada style.” We talked to the people on the ground getting the checks in Ontario’s 4,000-person test and saw how it was changing the community. Then, just two months later, it was announced that the program is endingin the new year rather than running for three years. The last checks will be delivered to participants in March 2019.

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