A Universal Basic Income (UBI) program would provide an unconditional cash stipend to every American, enabling all families to meet their most essential needs – with their dignity and self-efficacy intact. UBI would help families create an income floor to obtain necessities like shelter, food, and transportation, while also allowing freedom in how each family allocates its income. As a prospective remedy to structural barriers against employment and wealth accumulation for historically marginalized groups, UBI has the potential to significantly address the entrenched problems of economic exclusion and racial inequity.
Anne Price was interviewed by Income Outcome, a documentary project that explores the fundamentals of basic income and how this simple idea can help ordinary, struggling Americans overcome a rigged economy to achieve stability, prosperity, and freedom.
October 14, 2017
Insight staff attended the CASH Conference on Thursday, October 19, 2017, put on by the Economic Security Project. Held at the old San Francisco Mint building, the conference brought together activists, policy advocates, artists, economists, and elected officials to understand to explore how basic income can address the needs of our changing economy.
Insight President, Anne Price, was invited to speak on the panel exploring racial justice and basic income. Anne spoke about how our current welfare programs are steeped in race, and how a guaranteed income can help us address how we dehumanize and strip away dignity from recipients of safety net programs.
She also illuminated how Black women lead the way for welfare reform in the past, specifically asking that programs not be tied to work. A concept like Universal Basic Income (UBI) could help us achieve that original goal.
Stockton Mayor Michael Tubbs also announced the city’s experiment on a guaranteed income at the conference, generating lots of excitement and hope. The entire day was thought provoking and the Insight team is looking forward to continuing this work with the Economic Security Project.
For more information about Universal Basic Income, be sure to visit the Economic Security Project’s Medium page.
Universal Basic Income (UBI): A Silver Bullet to Reduce Poverty?
September 14, 2017
Bay Area Asset Funders Network held a panel discussion, Universal Basic Income (UBI): A Silver Bullet to Reduce Poverty, on September 14th to help both funders and practitioners gain a deeper understanding of Universal Basic Income (UBI) and its potential to address economic inequality.
The relatively old idea of UBI has gained renewed attention in response to increasing economic insecurity and inequality in America. It is seen as an opportunity to level the playing field by providing every individual in a community a regular cash payment without means-testing or a work requirement.