By Joe Foster
This week, we recognized the International Day for the Eradication of Poverty on Oct. 17. Unfortunately, Canadians have come to accept that poverty is inevitable. Is this true? Actually, we can indeed make poverty history. The costs to our economy and well-being are too significant to do otherwise.
Next to the weather, health care and its costs are probably the items most talked about by Canadians. There are two factors that influence our health and therefore our health costs. The first is the up-front cost (preventative health care) and the second is mopping up afterwards (generally referred to as treatment).Read more
By Joe Foster
It is estimated that about 40 percent of the North American population form the “precariat,” the term coined by Guy Standing in his 2008 paper, “How Cash Transfers Promote the Case for Basic Income.”
A key result of looming poverty is the enormous financial strain placed on families, especially those hovering near the poverty line. For example, any small mishap can mean a family not being able to pay the rent and suddenly becoming engulfed in the poverty abyss.Read more
By Roderick Benns
On International Human Rights Day, a Perth, Ontario man says he believes a basic income guarantee for all should be one of those human rights.
Rob Rainer, a well-known basic income advocate, says he believes that basic income is a means “to help ensure that such internationally recognized social and economic rights as the right to food, housing and a standard of living adequate for the health of oneself and one’s family, are honoured and protected.”
A basic income guarantee is known by many names, including a guaranteed annual income, a minimum income and a negative income tax, among others.Read more