Indonesian Economic Policy Universal Basic Income During the Covid-19 Pandemic for National Defense

The Universal Basic Income: Another Socialist Utopia? The concept of universal basic income (UBI) is presented as a tool for reducing poverty through guaranteed financial transfer by the state to each individual. The financial transfer, or UBI, allows a person to cover their minimum expenses. The idea is rooted in the 19th century and has gained popularity again in the last decade as a result of individuals and societies expecting a loss of labor opportunities due to digitalization, automation and technological progress in AI development. In this paper we address problems of economic policy in the case that UBI is introduced in Europe. We address fundamental questions that require answers before the concept is regarded as an applicable alternative to existing social systems. We consider the concept as another socialist utopia that cannot be implemented in existing economic systems in Europe. Only in case of a total system transformation can it be a viable alternative.

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Indonesian Economic Policy Universal Basic Income During the Covid-19 Pandemic for National Defense

10.31219/osf.io/h3r84 ◽

2021 ◽

Author(s):

Ivan Yulivan

Keyword(s):

Human Resources ◽

Population Data ◽

Research Strategy ◽

Community Relations ◽

Basic Income ◽

National Defense ◽

Literature Study ◽

Assistance Programs ◽

The Government ◽

The Impact

The impact of the COVID-19 pandemic has prompted the government to carry out social assistance programs. The purpose of this study is to analyze Universal Basic Income as a response to the COVID-19 pandemic which can simultaneously strengthen economic defenses in Indonesia as a form of peace dividends. This research uses the literature study method to previous relevant research strategy theory by identifying ends, ways, and means. The results of this study support universal basic income as a policy (ways) to deal with the crisis due to COVID-19 pandemic. UBI can provide an increase in Indonesia's economic growth and empower Indonesian people to be better prepared to face risks, which will lead people to innovate more. UBI can also strengthen the defense economy in Indonesia because by reducing poverty, unemployment and social inequality, the crime rate caused by the economy will decrease, human resources will increase, and community relations will be stronger (ends). The resources (Means) needed to implement UBI in Indonesia are the budget, existing regulations, human resources (HR), and the latest Indonesia’s population data.

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UNIVERSAL BASIC INCOME AS A FOUNDATION OF HAPPINESS-ORIENTED ECONOMIC POLICY OF A CONTEMPORARY STATE

10.31108/7.2021.52 ◽

2021 ◽

Author(s):

Roman PURII ◽

◽

Mariya FLEYCHUK ◽

Keyword(s):

Economic Policy ◽

Social Order ◽

Payment System ◽

Main Task ◽

Basic Income ◽

Tax Base ◽

Production Processes ◽

Social Discomfort ◽

The Government ◽

New Social Order

The contemporary capitalistic social order has reached its apogee and starts to decline. COVID-19 pandemic has exacerbated economic and financial problems. Digitalization of production processes, automation and robotization of production leads to the elimination of jobs, and hence, to a reduction of the tax base that leads to the destruction of existing institutions of social security. Universal Basic Income or Unconditional Basic Income (UBI) as a way of distribution of public goods and a form of social welfare has been considered in recent decades as the foundation for a social component of a new social order. We interpret UBI in terms of the Ukrainian citizens’ happiness. The main task of the government in this respect is to eliminate factors of social discomfort in citizens’ lives. UBI as a passive income provides a citizen with the feeling of dignity, creates favourable conditions for self-accomplishment, strengthens national identity, provides economy and the Ukrainian commodity producers with solvent customers. The Single Digital Fiscal Accounting Payment System (SDFAPS) is introduced as a tool for UBI implementation; it elimination corruption and serves as a foundation for a new social justice. Keywords: Universal Basic Income (UBI), happiness, a new social order, Single Digital Fiscal Accounting Payment System (SDFAPS).

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