An excellent article on “basic income”, also discussed in Germany as “Grundeinkommen”:
We know it works great in Alaska and of course the “world’s greatest countries” such as Saudi Arabia, Kuwait, etc. They actually give some of the money from natural resources to their citizens.
In the US (except for Alaska), our assets including OUR resources such as oil and minerals are being funneled to the CORPORATIONS.
In case you’re wondering why I’m posting on this subject at a website about credit litigation …
If we had a basic income of $1,000/month, MANY people could take time to fight predatory lending practices, lying lawyers and court rules and policies designed to make it IMPOSSIBLE for a consumer to actually “win.” Having worked with home buyers and clients who needed to improve their credit rating for almost 25 years, I know that most people just don’t have the TIME to fight abusive creditors, debt buyers and their henchmen.
Back in the 70s I was sure that the 20-hour week was only 20 years away. But something happened just around the time Reagan was elected and instead of working fewer hours, we worked MORE hours to be able to survive.
And it doesn’t matter who was president since, the working people got to work harder and longer with few benefits while the rich got richer.
Obama threw us a bone with Obama Care. For me it’s a blessing because I actually got free health insurance now. Midland Funding’s henchmen argue that I don’t have any damages for emotional distress because I couldn’t afford to see a doctor.
Debt buyers claim that unless you are rich, you cannot be damaged!
I made the decision to drop out of this corrupt system many years ago and I moved to the desert in 2001. I have friends and clients who support me and I was able to put up a fight. If we had a basic income, I would have been able to publicize my litigation against Capital One (they sued me 3 times and finally gave up) and debt buyers Acarta and Midland and I would have had the time to contact regulators and legislators. MANY people could afford to FIGHT BACK against these vultures if they weren’t struggling to get by.
I doubt we’ll see basic income any time soon as the corporations know exactly how far they can push the people and they make sure that most people will have a place to live and food on the table — crappy GMO food that makes people sick and that of course results in even greater profits for the pharmaceuticals.
Most people are so busy working and watching TV, they don’t have the slightest clue what’s going on. For a lot more info basic income and many reference links please read:
Why Should We Support the Idea of an Unconditional Basic Income?