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

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