“Ethical Markets has helped spread this debate about Universal Basic Income (UBI) and its earlier forms for decades! At last it is emerging as the obsolete economic models are failing world wide, see my review of Guy Standing’s “Corruption of Capitalism” on Seekingalpha with 4 million financial subscribers, and my interview in FORBES by Christopher Skroupa and my earlier column “Friedman and Bernanke Were Right: Helicopter Money or Qualitative Easing?”. We are glad to see our colleague Michael Hopkins relate these concepts to Corporate Social Responsibility (CSR) with his systems expertise!
~Hazel Henderson, Editor“
Universal Basic Income (BI) & Corporate Social Responsibility (CSR): Is there a link?
The idea of an unconditional basic income has three historical roots. The idea of a minimum income first appeared at the beginning of the 16th century. The idea of an unconditional one-off grant first appeared at the end of the 18th century. And the two were combined for the first time to form the idea of an unconditional (now universal) basic income near the middle of the 19th century. http://basicincome.org/basic-income/history/ accessed Jan 4 2018
“The first principle “requires equality in the assignment of basic rights and duties”. The second is that “social and economic inequalities (e.g. of wealth or authority) are only just if they result in compensating benefits for everyone and in particular for the least advantaged members of society.” John Rawls, ‘A Theory of Justice’, 1971