Sunday, December 6, 2015

Finland moving toward basic income guarantee



Discussion of a basic income guarantee has moved beyond talk in Finland, according to an article at Quartz:

The Finnish government is currently drawing up plans to introduce a national basic income. A final proposal won’t be presented until November 2016, but if all goes to schedule, Finland will scrap all existing benefits and instead hand out 800 euros per month—to everyone.

It sounds far-fetched, but it’s looking likely that Finland will carry through with the idea. Whereas several Dutch cities will introduce basic income next year and Switzerland is holding a referendum on the subject, there is strongest political and public support for the idea in Finland.

At least in its broad outlines, the proposal seems to follow the suggestion by proponents such as Charles Murray: To scrap other benefits and replace it with the basic income guarantee.