Post by @codinghorror@infosec.exchange

@codinghorror@infosec.exchange 3 hours ago

It's not well known, but South Korea is running a large, innovative rural basic income pilot https://rgmii.org/blog/koreas-basic-income-is-beating-rural-extinction/

Korea's Rural Basic Income program map of counties that are rural, and which are in the pilots

Rural Guaranteed Minimum Income Initiative • RGMII

From Ghost Towns to Growing Towns, Korea’s Basic Income is Beating Rural Extinction

Staring down a demographic cliff and the declining population of country heartlands, South Korea’s Ministry of Agriculture, Food and Rural Affairs (MAFRA) is extending its monthly Rural Basic Income pilot across 17 rural counties. The aim is to show that guaranteed income is a powerful tool for community survival

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notsoloud

@notsoloud@expressional.social 1 hour ago

@codinghorror
Currency conversion: The program pays 1M Won/year which is 50€/month and double that for young people. So not life-transforming money, but definitely enough to help local employment as it can only be spent locally.