Covid-19 is laying bare the fundamental stupidity of our economic system. There is a better way.
All around the world governments are trying to weigh the economic and real world harm of effective suppression/mitigation strategies vs the potential danger of not effectively containing the pandemic. Given current circumstances, and the assumptions they operate under, it’s a legitimately difficult decision. Poverty is a killer too.
But it doesn’t have to be this way…
Universal basic income is the only fair option in COVID-19 crisis
Have we all of a sudden forgotten that the global system in the current pandemic crisis was itself a system in crisis? To respond to these unprecedented levels of social uncertainty, psychological anxiety and material insecurity, we cannot apply usual thinking, half-measures and old solutions.
Article in Independent Australia by Loriana Luccioni, 12 April 2020
Spain commits to Universal Basic Income
Business Insider and Bloomberg are reporting that Spain is about to introduce a permanent Universal Basic Income, to support people and help restore the economy in the wake of the Covid-19 pandemic.