'Universal basic income is a brilliant idea'. Here's why.

The welfare state is broken. UBI is the smarter, more effective option.

  • The welfare state is an ineffective and expensive system that hurts and targets the poor more than it helps. Universal basic income is a better alternative that could work.
  • The question becomes, then, where would the money for UBI come from? There are a myriad of reasons why UBI via taxes would be a bad idea. Instead, we should look to socially produced capital.
  • Companies rely on people to be successful, so a percentage of all shares of all companies should go into a public equity trust and the dividends should be distributed to every member of society equally.

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Study: Lifestyles of the wealthy are to blame for climate change

As it turns out, people who can afford to fly all the time use more energy than anybody else.

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  • The rich use much more energy per person than the poor do.
  • This holds up no matter where you go.
  • The findings suggest that, as the global poor gain wealth, strategies to keep emissions and energy use down will have to aim at several areas of consumption.
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3 ethical catastrophes you can help stop, right now

Deciding how we ought to live is one of the greatest challenges of being alive. Ask yourself these important questions to gain clarity, with philosopher Peter Singer.

  • Philosopher Peter Singer cites his top three ethical issues in the world today as: extreme poverty; climate change, which is related to poverty; and the way humans treat animals.
  • Any rational being should be interested in trying to understand how they ought to live, and whether they are doing things that are right or wrong. Singer suggests asking yourself important questions. When it comes to extreme poverty, ask: "Is it okay for me just to be living my life in my society and not doing anything for people who, through no fault of their own, are living in extreme poverty?"
  • For climate change, ask how you can put pressure on political leaders to take serious steps to prevent a climate change catastrophe that will disproportionately affect the poor. When it comes to animal cruelty, ask: "Am I complicit in the suffering that's being inflicted on animals, especially in factory farms but in other forms of farming as well? Am I complicit in that when I buy those products? And, if so, does that mean that I need to stop buying them?"
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3 easy ways to help people in extreme poverty

There are many different ways of helping people in extreme poverty. Philosopher Peter Singer explains how you can do it.

  • Widely described as one of the most influential living philosophers, Peter Singer provides concrete and straightforward ways of combatting poverty.
  • You can have a major impact by donating to organizations like the Seva Foundation or Fred Hollows Foundation, which perform cataract surgery; the Fistula Foundation, which corrects potentially ruinous complications that occur while giving birth; and Village Enterprise, which fosters and funds enterprise in small villages.
  • A free download of the 10th anniversary edition of The Life You Can Save: How to Do Your Part to End World Poverty is available here.
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Basic income: Could cash handouts revitalize the economy?

Americans just want to pay their bills. Is universal basic income the path to financial stability and economic opportunity?

  • Chris Hughes, cofounder of Facebook, sees universal basic income as a way to stabilize the lives of those who need it most. A foundation of $500 per month could solve many of today's economic problems.
  • Much of the criticism surrounding UBI comes from a place of myth and mistrust. If you give someone cash, how can you be sure they'll spend it responsibly? The fact is, cash is the most effective way of providing economic mobility.
  • To reboot the American dream, we must address the moral and practical issue that many Americans lack basic financial stability. To bolster the economy and avoid another depression, UBI could be the answer.
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