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Basic Income Party

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Basic Income Party
기본소득당
Cơ bản đoạt được đảng
LeaderOh Jun-ho (acting)
Secretary-GeneralMun Mi-jeong
Floor LeaderYong Hye-in
Founded19 January 2020
Split fromLabor Party
Membership(December 2022)Decrease19,874[1]
Ideology
National affiliationNew Progressive Alliance
ColorsMint green
Dark green
National Assembly
1 / 300
Municipal mayor and Gubernatorial
0 / 17
Municipal Mayors
0 / 26
Local Government
0 / 2,988
Website
www.basicincomeparty.krEdit this at Wikidata
Basic Income Party
Hangul
기본소득당
Hanja
Cơ bản đoạt được đảng
Revised RomanizationGibonsodeukdang
McCune–ReischauerKibonsodŭktang

TheBasic Income Party(BIP;Korean:기본소득당;RR:Gibonsodeukdang) is asingle-issue[3]political partyin South Korea advocating for auniversal basic income(UBI). For the2024 Parliamentary election,the Basic Income Party formed a coalition with theOpen Democratic Partyand the Social Democratic Party, called theNew Progressive Alliance.[4]

History

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The Basic Income Party came into existence when the ninth leadership board of theLabor Partyled byYong Hye-inresigned on 15 July.[5]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."[6][7]The party announced via their Facebook page on 7 November that they reached 5,000 members.[8]The party officially registered with theNational Election Commissionon 19 January 2020. The party puts a strong emphasis on that their members are mostly young adults.[9]

The party joined thePlatform Party(party-list of theDemocratic Party) on 21 March 2020 for the2020 South Korean legislative election.Two candidates ran forproportional representation.[10]Yong Hye-inwas elected under theparty-list proportional representation.After the election, Yong rejoined the party.

The party declared its support for Jin Kyo-hoon, the candidate of the Democratic Party of Korea, in the Gangseo-gu mayor by-election.[11]

Ideology

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As of 2019, the party advocated for the implementation of a600,000 (then roughly equivalent to 500United States dollars) per monthuniversal basic incomefor all citizens of South Korea.[12]

In theMarch 2022 presidential electionthe party's candidate, Oh Jun-ho, ran on a policy of a universal basic income of 650,000 South Korean won (then$530) a month for all adults in South Korea.[13]

Although the party has no official ideology, it and its leader Shin Ji-hye have been described as socially liberal, advocatingfeminismandLGBT rightsand seeking to improve thesocial safety netand remedy social disadvantages.[2][14]

Election results

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President

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Election Candidate Votes % Result
2022 Oh Jun-ho 18,105 0.05 Not elected

Legislature

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Election Leader Constituency Party list Seats Position Status
Votes % Seats +/- Votes % Seats +/- No. +/–
2020 Park Gi-hong 4,658 0.0
0 / 253
new
0 / 300
new 36th Extra-parliamentary
Election Location Candidate Votes % Place Result
2020 Parliamentary Eunpyeong B, Seoul Shin Min-ju 2,600 1.89% 4th Loss
2020 Parliamentary Goyang D, Gyeonggi Province Shin Ji-hye 2,058 1.28% 4th Loss
2021 Seoul Mayor Seoul, citywide Shin Ji-hye 23,628 0.48 5th Loss
2022 Daegu Mayor Daegu, citywide Shin Won-ho 7,542 0.87% 4 of 4 Loss
2022 Incheon Mayor Incheon, citywide Kim Han-byeol 6,079 0.5 4th Loss
2022 Gwangju Mayor Gwangju, citywide Moon Hyeon-cheol 3,344 0.75 5th Loss
2022 Gyeonggi Governor Gyeonggi, Provincial Seo Tae-seong 9,314 0.16 6th Loss

See also

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References

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  1. ^"2022년도 정당의 활동개황".nec.go.kr(in Korean). p. 13.Retrieved7 May2024.
  2. ^ab"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. ^"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.
  4. ^""Same meaning as the anti-imperialist coalition" "Trick in the 3rd zone" [민주, '꼼수 위성정당' 회귀] ".World's News Now.5 February 2024.Retrieved7 February2024.
  5. ^"[9기 대표단 마지막 편지] 노동당 혁신의 걸음을 멈춥니다. - 노동당:: 당원게시판".laborparty.kr(in Korean). Archived fromthe originalon 7 April 2021.Retrieved15 April2020.
  6. ^"창당 나선 기본소득당" 모두에게 60만원을 "".Media Today(in Korean). 10 September 2019.Retrieved15 April2020.
  7. ^""전 국민에게 매달 60만원 지급…20대 힘으로 세상 바꿀 것"".JoongAng Ilbo(in Korean). 16 November 2019.Retrieved15 April2020.
  8. ^"기본소득당".facebook.Retrieved15 April2020.
  9. ^""모두에게 월 60만원"… 평균 연령 28세 '기본소득당' 창당 ".여성신문(in Korean). 22 January 2020.Retrieved15 April2020.
  10. ^"기본소득당" 더불어시민당 참여 확정, 비례후보 2명 내기로 "".Hankook Ilbo(in Korean). 21 March 2020.Retrieved15 April2020.
  11. ^"사회민주당".사회민주당.
  12. ^조, 정호 (18 December 2019)."기본소득당 21일 부산 창당…전 국민 월 60만원 지급 공약".Yonhap News Agency(in Korean).Retrieved15 April2020.
  13. ^"The also-rans: South Korea's long-shot presidential candidates".France 24.7 March 2022.Retrieved10 December2023.
  14. ^"Minor Seoul mayoral candidates pledge to support women, LGBTQ people".The Korea Herald.31 March 2021.Retrieved28 September2021.Socially liberal politician Shin Ji-hye of the Basic Income Party has pledged to provide a monthly basic income of 250,000 won ($220) for all Seoul citizens to build a better social safety net and remedy social disadvantages.
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