Friday, 3 June 2016

Basic Income Gathers Steam Across Europe #olsx #occupy #basicincome

Basic Income Gathers Steam Across Europe

Basic Income Gathers Steam Across Europe
By Daniel Raventós and Julie Wark / counterpunch.org
In the last few months basic income—an unconditional cash payment to every member of the population—has been getting more and more attention in the media and social networks. Three items are especially interesting.
First, Yanis Varoufakis, the able Greek economist, Minister for Finance in the first Syriza government and well known for his trenchant opposition to Troika austerity measures bashing the poor and already vulnerable majority of the population, has become such a media star that every time he gives an opinion on political economy, some theoretical aspect of economics or economic policy, his words are widely disseminated. Hence, his remarks on basic income, which he described as “a necessity” at the Future of Work conference in Zurich on 5 May 2016, are of no small import.

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