5 ways that basic income could actually work

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It seems that basic income is on the lips of everyone today. From Finland to the Netherlands, Switzerland to Canada, governments and cities have embraced the idea as one worth testing. Although talk of basic income has been around for some time, it seems that now there is a real push, an unwavering drive and motivation to see how the idea could work in practice.

Beyond the hype, however, lie some crucial questions that need to be addressed. With support from all sides of the political spectrum and interest from cities and states all over the world, it is evident that the discussion on basic income is painstakingly broad in scope and variety.

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What do we even mean when we talk about basic income? Are we all talking about the same thing?

As the following years will undoubtedly be vital stepping stones in the testing and development of one of the most important social innovations of the 21st century, the need to focus on the nuances is growing. While it is unbelievably exhilarating that so many have begun to see basic income as something worth trying, now is not the time to stop. Rather, it is time to start the conversation, to go from abstract to concrete: What kind of basic income are you advocating for and why should it be implemented?

To help start this discussion, we asked some prominent basic income proponents what their answers are. Yes, these are deceptively simple questions and no, we did not give them nearly enough room to fully flesh out all the nuances that come along with the deal.

Nevertheless, this is a beginning, a spark to the needed public discussion on what a basic income could be and should be. With these visionaries showing the way, next it is your turn. Join the discussion and tell us what your answers are!