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What Is Basic Income and How Does It Support Well-Being? [greatergood.berkeley.edu]

 

By Matthew T. Johnson and Elliot Johnson, Illustration: from article, Greater Good Magazine, June 16, 2023

In October 1936, 200 men marched from South Tyneside to London to protest against the poverty and unemployment in their town, Jarrow.

Nearly a century later, Jarrow is taking part in a small pilot scheme to test how universal basic income (UBI) could tackle financial insecurity and health inequalities—which continue to plague the town. Under the scheme, two groups—15 people in Jarrow and another 15 in East Finchley, London—will receive £1,600 a month for two years.

This micropilot will produce new U.K. data on the impact of the basic income in these communities, particularly the stories and experiences of the people that participate. This can be used for further research on the effects of UBI on a larger scale in these communities. This will help show if there is a case for a national basic income, or at least more comprehensive U.K. trials.

[Please click here to read more.]

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