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Finland experiments with the devil-spawned idea of Universal Basic Income

8 thoughts on “Finland experiments with the devil-spawned idea of Universal Basic Income

  1. Early next year, the government plans to randomly select roughly 2,000 unemployed people — from white-collar coders to blue-collar construction workers. It will give them benefits automatically, absent bureaucratic hassle and minus penalties for amassing extra income.

    Continue reading the main story
    The government is eager to see what happens next. Will more people pursue jobs or start businesses? How many will stop working and squander their money on vodka? Will those liberated from the time-sucking entanglements of the unemployment system use their freedom to gain education, setting themselves up for promising new careers? These areas of inquiry extend beyond economic policy, into the realm of human nature.

    The answers — to be determined over a two-year trial — could shape social welfare policy far beyond Nordic terrain. In communities around the world, officials are exploring basic income as a way to lessen the vulnerabilities of working people exposed to the vagaries of global trade and automation. While basic income is still an emerging idea, one far from being deployed on a large scale, the growing experimentation underscores the deep need to find effective means to alleviate the perils of globalization.

    1. a. Continue reading the main story
      b. Roll eyes, continue to read
      c. Use +5 Wand of Wishfulness to extend to North Americia
      d. Cry
      e. All of the above

  2. Why not just employ them in big business and the military industrial complex, where everyone works like a beaver on a coke binge!

  3. Huh. I need to check out how this project is going:

    "A Silicon Valley start-up incubator, Y Combinator, is preparing a pilot project in Oakland, Calif., in which 100 families will receive unconditional cash grants ranging from $1,000 to $2,000 a month."

    My town has income disparities like you wouldn't (OK, you would) believe.

  4. I'll have to keep an eye on this. Though no matter how successful this plan turns out to be, I don't see this happening in the United States in my lifetime, sadly.

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