The Case for a Universal Basic Income

244 6.00pm Thu 26 Jan 2017

The Buchanan Institute is proposing a universal basic income, a guaranteed weekly or monthly payment for all citizens, that will provide everyone with a secure financial foundation to build their lives.

About this event

Come along and hear about an idea that is gaining traction around the world and could transform our society. The Buchanan Institute is proposing a universal basic income, a guaranteed weekly or monthly payment for all citizens, that will provide everyone with a secure financial foundation to build their lives. We are delighted to be launching in partnership with the Royal Society of Arts (RSA) and that one of our confirmed speakers is Cllr Matt Kerr, who is leading the efforts to implement a basic income pilot for Glasgow citizens. This is a chance to come and hear and get involved in this transformative idea and how it can be implemented in Scotland and the UK in 2017 and beyond. There will be wine, beer and refreshments available at the beginning of the event too. We look forward to seeing you there! Read more about the Buchanan Institute's proposal below: A Secure Foundation to Build our Lives: Making the case for a Universal Basic Income The idea of a universal basic income, a guaranteed monthly or weekly payment paid equally to all citizens, is gaining traction among governments, politicians and policy makers across the world. Pilot schemes have recently been launched in the Netherlands, Finland, Canada, Namibia and India.In Scotland, the Councils of Fife and Glasgow are considering being the first places in the UK to introduce a UBI pilot experiment. Our economy has changed dramatically since much of the current welfare system was designed during the Second World War. The security of 'full employment' and 'jobs for life' have been largely replaced with a rise in part-time, flexible work, self-employment, the 'gig economy' and, for many, increasing insecurity. A growing coalition across the political spectrum believe our current, complex and often punitive welfare system is not fit for supporting people in this modern economy. It is the Buchanan Institute's contention that the current welfare system should be replaced with a universal basic income, providing everyone with a secure foundation to build their lives. Our proposal will give people guaranteed income security in an insecure job market, support re-training education and voluntary contributions (such as caring for elderly relatives) and always make work pay. It is also practical, financially achievable and could be implemented immediately with the necessary political will. For a more in-depth summary of the Buchanan Institute's universal basic income proposal, see here: https://www.thersa.org/discover/publications-and-articles/rsa-blogs/2016/12/universal-basic-income https://www.eventbrite.co.uk/e/the-case-for-a-universal-basic-income-launch-event-2612017-tickets-31127461074?aff=ehomefriend

Speakers

Jamie Cooke, Jonny Ross-Tatam, Cllr Matt Kerr

Venue

Lecture Theatre 1, Appleton Tower 11 Crichton Street University of Edinburgh Edinburgh EH8 9LE EH8 9LE

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