Could a basic income support a circular economy?: Basic Income Network Scotland

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Basic Income Earth Network

With the increase in  research on the circular economy system, the basic income and circular economy relationship has also started to be considered. For example, this relationship was examined in the article ‘‘How could a Basic Income support a Circular Economy?’’ published on the Basic Income Network Scotland website on 23 July 2019. In fact, this article is based on the transcript of an interview between Timothea Armor, Basic Income Network Scotland Editor, and Teja Hudson, a zero waste consultant and founder of Zero.

  The current system of capitalism, free markets, and endless growth, according to Hudson, disappoints us socially. She points out that there are many people who want to make the world a better place, but this disappointment forces them to struggle just to survive. Therefore, she claims that we have lost many bright and creative minds due to preventable social inequalities such as poverty, hunger, disease, gender inequality, persecution, violence and lack of education. Finally, she suggests we need social change, and  these people represent a great untapped potential for that social change.

   Adding to Hudson’s argument, it is very difficult to be creative when you are stressed, under pressure or not inspired, and especially when you are worried about money. As a result of this, there are a lot of artists and creative people struggling to practice their art and instead  interrupted by the need to earn a living. Hudson summarizes the potential contribution of basic income to this problem with the following statement: “This is where Basic Income would be a revelation.”  She claims that by implementing a Basic Income, highly experienced creative people, free thinkers and problem solvers will be ready to help solve the problems of 10 billion people on a small planet instead of getting stuck in a dead end.

To read more, click here.

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