Sepp Hasslberger: Basic Income Guarantee Gaining Traction as a Global Big Idea

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Sepp Hasslberger
Sepp Hasslberger

There’s a world wide movement starting, to cover everyone’s basic expenses. Imagine what this will do to free us up to actually participate in the political process, and to learn and teach … or to do that big project we always had to delay because we just couldn’t find the time for it…

Small Yet BIG: The Basic Income Guarantee

EXTRACT

This once utopian vision is gaining ground, fast. A global network of academics, activists, non-governmental organisations (NGOs) and private groups are working towards the implementation of Basic Income Guarantees (BIGs) in some of the world’s most impoverished regions. It is a small idea, both in terms of its simplicity and in terms of the sums of money involved. But it is having a big impact. In addition to reducing poverty and inequality, assessment results from pilot projects overwhelmingly indicate that providing a monthly income of only $10 to every person in some of the poorest communities on earth is good for business.