Basic Income Guarantee Blog
Karl Widerquist of the U.S. Basic Income Guarantee Network
"The Basic Income Guarantee (BIG) is a government ensured guarantee that no one’s income will fall below the level necessary to meet their most basic needs for any reason.
As Bertrand Russell put it in 1918, "A certain small income, sufficient for necessities, should be secured for all, whether they work or not, and that a larger income should be given to those who are willing to engage in some work which the community recognizes as useful.
On this basis we may build further." Thus, with BIG no one is destitute but everyone has the positive incentive to work.
BIG is an efficient, effective, and equitable solution to poverty that promotes individual freedom and leaves the beneficial aspects of a market economy in place."
Izuba Information | 2002 · 2021