💸 Instead of starting at $0, what if you had universal basic income (UBI) as a foundation to build on? 🎥 Docuseries coming soon 👇 Follow join the convo
During the basic income pilot featured in our docuseries (coming soon), each participant received $1000 per month for 2.5 years.
So, we're asking you: Instead of starting at $0, what if you had universal basic income as a foundation to build on?
open.substack.com/pub/bootst…
In one of the largest & longest-running UBI trials in the world, GiveDirectly has given millions of dollars (no strings attached) to ~23,000 people across 195 African villages since 2017.
Listen to the participant stories here:
youtube.com/watch?v=wpHfkpa0…
“Basic income is the most effective core policy to save the people, save the country, and save the market economy in a future society where jobs are disappearing and polarization is severe.”
-Lee Jae Myung, President of South Korea
Believe it or not, a country has already launched the world’s first national universal basic income program: the Marshall Islands.
Through direct deposit, check, or Stablecoin (cryptocurrency), all resident citizens of the Marshall Islands will receive $200 per quarter.
In 2018, then-Governor Lee Jae Myung led a youth basic income program in the Gyeonggi Province that provided 1 million won (about $663) annually in local currency to 175,000 24-year-olds.
As a result, small- and medium-size businesses in the area had a surge in sales.
While being “too trusting” can leave people vulnerable to manipulation or exploitation, trust in others is essential for our society and economy to function.
So, how do we rebuild trust in each other?
đź’¸ 6 online resources for your UBI personal curriculum:
(1) UBI Calculator
Created by Conrad Shaw, this is a tool for U.S. individuals/families to calculate the effects of universal basic income on their household finances and on the U.S. economy.
ubicalculator.com/
(5) Map of Basic Income Pilots
Another resource for the map fans. BasicIncomePilots.com to search through active and concluded pilots in the United States. You can even add them to an easy-to-understand comparison chart.
(6) UBIdata
An all-in-one platform for the map and chart fans that is “a growing online knowledge repository... disseminating key information about basic income pilots, proposals and policy debates around the world.”
ubidata.io/
In Europe’s first government-backed basic income trial, Finland paid 2,000 unemployed citizens a monthly income of €560 (~$634; £490) from Jan 2017-Dec 2018.
Findings showed no radical change in employment rates but showed a boost in mental well-being & life satisfaction.
While being “too trusting” can leave people vulnerable to manipulation or exploitation, trust in others is essential for our society and economy to function.
So, how do we rebuild trust in each other?
Read more at bootstrapstv.com đź’›
Photo: Matt Collamer (Unsplash)
Online discussions about UBI are full of people doubting others’ ability to spend the money “correctly.”
But flip the question around and ask them about themselves, and suddenly they trust their own intentions completely.
It’s a curious self-versus-others paradox.
"Some said the basic income allowed them to go back to the life they had before they became unemployed, while others said it gave them the power to say no to low-paid insecure jobs, and thus increased their sense of autonomy."
- Blomberg-Kroll on Finland's 2017-2018 UBI trial
Personal curriculums are self-directed learning journeys that celebrate intellectual curiosity outside of formal education.
Here are some recommendations of interactive online tools for your personal curriculum on basic income!
What other websites should we add to this list? đź’›