Finland is considering giving every citizen a basic income

Finland is considering giving every citizen a basic income

12/30/2015

link

https://qz.com/566702/finland-plans-to-give-every-citizen-a-basic-income-of-800-euros-a-month/

summary

This article discusses Finland's plan to implement a universal basic income, where every citizen would receive a monthly payment of €800. The article explains the motivation behind this proposal, citing concerns about job automation and income inequality. It highlights Finland's pilot program, which aims to test the feasibility and impact of a basic income on employment and well-being. The article also addresses potential challenges and criticisms of such a system, including the cost and potential disincentives to work. It concludes by examining the potential implications and implications of Finland's experiment for other countries considering similar policies.

tags

basic income ꞏ finland ꞏ social welfare ꞏ economic policy ꞏ universal income ꞏ social security ꞏ poverty alleviation ꞏ income inequality ꞏ welfare state ꞏ social justice ꞏ economic equality ꞏ social reform ꞏ government policy ꞏ economic development ꞏ public welfare ꞏ social support ꞏ financial stability ꞏ citizen benefits ꞏ income guarantee ꞏ social safety net ꞏ wealth redistribution ꞏ economic empowerment ꞏ societal well-being ꞏ social change ꞏ economic sustainability ꞏ social experiment ꞏ income security ꞏ social progress ꞏ government welfare ꞏ economic fairness ꞏ social democracy