The European Sting

Five years ago, when I first heard about it, the idea had been all but forgotten. Most people I talked to had never heard of it either.

Now, suddenly, it’s everywhere.

Finland conducted a major trial, Canada has just launched an even bigger experiment and a test in Kenya is the mother of them all.

What I’m referring to is, of course, basic income. This is an unconditional cash transfer that is enough to your cover basic needs. It is guaranteed to everyone, whether young or old, rich or poor, overworked or out of work.

From Scotland to India, and from Silicon Valley to Kenya, policymakers all over the world have become interested in basic income as an answer to poverty, unemployment and the bureaucratic behemoth of the modern welfare state.

By Doreen Nicoll 

Trying to support a family while holding down several part-time jobs. Accepting short-term contracts without benefits. Working full time but earning wages so low your annual income falls below the poverty line. Trying to survive month to month on inadequate unemployment insurance or social assistance payments. This is what life is like for many Canadians. Unfortunately, the numbers of financially disadvantaged Canadians continues to grow as precarious employment becomes the new normal.

Financial insecurity is at the root of many personal and societal problems. Individuals and families are liable to experience inadequate housing, greater food insecurity, poorer health, significantly greater health-care costs, bouts of depression and suicidal thoughts arising from hopelessness. While society is challenged by increasing homelessness, hunger, health-care costs, demands on judicial and correctional services. Yet, the solution to situational and chronic poverty is quite simple — Canadians need a Guaranteed Livable Income (GLI).