Basic Income Party

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Not to be confused with Basic Income Alliance.

Basic Income Party
기본소득당
LeaderShin Ji-hye
Floor LeaderYong Hye-in
Secretary-General
Chair of the Policy Planning Committeevacant
Founded19 January 2020
Split fromLabor Party
Membership (2020)Increase 19,104
IdeologyBasic income[1]
Factions:
Social democracy
Social liberalism[2]
Political positionCentre-left
National affiliationPlatform Party (until 2020)
Colors  Mint Green
National Assembly
1 / 300
Municipal mayor and Gubernatorial
0 / 17
Municipal Mayors
0 / 226
Local Government
0 / 2,927
Website
https://www.basicincomeparty.kr/

The Basic Income Party (Korean: 기본소득당; Hanja: 基本所得黨) is a single-issue political party[1] in South Korea advocating for a basic income.

History[]

The Basic Income Party came into existence when the ninth leadership board of the Labor Party led by Yong Hye-in resigned on 15 July.[3] Before the official founding of the party on 19 January 2020, the Basic Income Party began establishing local chapters of the party across the cities and provinces of South Korea with the catch phrase ₩"600,000 a month for all."[4][5] The party announced via their Facebook page on 7 November that they reached 5000 members.[6] The party officially registered with the National Election Commission on 19 January 2020. The party puts a strong emphasis on that their members are mostly young adults.[7]

The party joined the Platform Party (party-list of the Democratic Party on 21 March 2020 for the 2020 South Korean legislative election. Two candidates ran for proportional representation.[8] Yong Hye-in was elected under the party-list proportional representation. After the election, Yong rejoined the party.

Ideology[]

The party advocates for the implementation of a ₩600,000 (roughly equivalent to 500 United States dollars) per month basic income for all citizens of South Korea.[9]

References[]

  1. ^ Jump up to: a b "한국 최초 '원이슈 정당' 기본소득당 창당 발기인 대회 (South Korea's first 'one-issue political party,' the promoter of the foundation of the Basic Income Party.)". Ohmynews. 9 September 2019.
  2. ^ "South Koreans are unhappy with the pace of political change". The Economist. 8 April 2020. ...In the election she is running as a candidate for the Basic Income Party, a small outfit with a socially liberal agenda advocating feminism and gay rights alongside its main...
  3. ^ "[9기 대표단 마지막 편지] 노동당 혁신의 걸음을 멈춥니다. - 노동당 :: 당원게시판". laborparty.kr (in Korean). Retrieved 15 April 2020.
  4. ^ 미디어오늘 (10 September 2019). "창당 나선 기본소득당 "모두에게 60만원을"". 미디어오늘 (in Korean). Retrieved 15 April 2020.
  5. ^ 지면보기, 입력 2019 11 16 00:02 수정 2019 11 16 00:12 | 661호 16면 (16 November 2019). ""전 국민에게 매달 60만원 지급…20대 힘으로 세상 바꿀 것"". 중앙일보 (in Korean). Retrieved 15 April 2020.
  6. ^ "기본소득당". www.facebook.com. Retrieved 15 April 2020.
  7. ^ ""모두에게 월 60만원"… 평균 연령 28세 '기본소득당' 창당". 여성신문 (in Korean). 22 January 2020. Retrieved 15 April 2020.
  8. ^ "기본소득당 "더불어시민당 참여 확정, 비례후보 2명 내기로"". 한국일보 (in Korean). 21 March 2020. Retrieved 15 April 2020.
  9. ^ 조정호 (18 December 2019). "기본소득당 21일 부산 창당…전 국민 월 60만원 지급 공약". 연합뉴스 (in Korean). Retrieved 15 April 2020.
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