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submitted 11 months ago* (last edited 11 months ago) by yenahmik@lemmy.world to c/upliftingnews@lemmy.world

It's an unprecedented โ€“ and massive โ€“ experiment: Since 2017 the U.S.-based charity GiveDirectly has been providing thousands of villagers in Kenya what's called a "universal basic income" โ€“ a cash grant of about $50, delivered every month, with the commitment to keep the payments coming for 12 years. It is a crucial test of what many consider one of the most cutting-edge ideas for alleviating global poverty. This week a team of independent researchers who have been studying the impact released their first results.

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[-] Dave@lemmy.nz 6 points 11 months ago

I'm super curious what this would look like in a western country where poverty is different. It would need a lot more money for the equivalent payment so I guess Kenya is easier to find money for, but for example I wonder if people are as likely to start a new business or do we not have the same market gaps due to large companies or franchises filling those gaps?

[-] natur@lemmy.ml 2 points 11 months ago

good point. most small businesses have been eliminated in the u.s. by the walmarts and the targets and new ones would do no better at competing. but 'uplifting' that it may work in less developed more poverty stricken countries.

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this post was submitted on 07 Dec 2023
163 points (97.7% liked)

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