‘Framing, Financing and Delivering a Green Basic Income’

Posted on April 29, 2024

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Reinhard Huss from UBI Lab Leeds will present this talk at the next Café Ėconomique Leeds session.

When? Tuesday May 7th 2024 starting @7.30pm

Where? Chapel Allerton Methodist Church, Leeds LS7 4NB

Reinhard will discuss the Basic Income Earth Network (BIEN) definition of Universal Basic Income (UBI) and some important gaps in the definition. The opposition against UBI is often focused on the issues of costs, affordability and feasibility. However, what matters in the end is the public demand and the political will to introduce UBI as a societal institution to offer everybody a secure social foundation. He will explain that UBI can support the socio-ecological transformation from an industrial extract-produce—consume-waste economy to a grand-children-friendly circular economy. We need to change our attitudes about UBI from ‘free money’ to a ‘right to subsistence’ and about our Commons from ‘free for all’ to our ‘collective inherited wealth’. The actual free-riding of our Commons (Air, Water, Soil, others) will be replaced by fees for their use. These fees will finance UBI and essential services. UBI delivery will be the responsibility of several Commons Trust Funds rather than the State.