Finland considers basic income to reform welfare system
Source: BBC
With unemployment an increasing concern, four out of five Finns now are in favour of a basic income.
"A basic income? Yes, I'd gladly have 1,000 (£700, $1,100) a month," says one man at a centre for the unemployed in Pori, near Finland's west coast. But the amount is unlikely to be anywhere near that high.
He is the among the jobless who have come to an old, wooden building in city, where they can get cheap food, shop at a second-hand market, and take part in a variety of activities on offer.
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"A basic income would encourage people to take a temporary job," says Paivi Hietikko, who helps out at the centre. Although she has no regular income at the moment, she does receive a payment for her work here.
Read more: http://www.bbc.com/news/world-europe-33977636
Finland has a means-tested welfare system, which this would seek to replace with an unconditional basic income.
The Finnish unemployment rate is 9.4% currently.
JDPriestly
(57,936 posts)a share of the income that technology earns for our countries. I think this is a good idea.
Why should only a few people enjoy the income that machines earn? The machines replace us in the workplace. We can't get jobs or at least not jobs that we can earn a living doing, so why not share some of the profits that machines make. The inventors and producers of the machines can still enjoy their share of the wealth the machines produce without much human effort. The alternative is to make work for a lot of people doing jobs that aren't really needed.
When work becomes available, it will be more profitable to work than to simply live on the basic income. But as long as jobs and work are scarce, why not provide a very basic amount of money to each person.
candelista
(1,986 posts)But in this period, the rulers of our society--the 1%-- prefer the stick to the carrot. The carrot cuts into profits. The stick, not so much.
Blue_Tires
(55,445 posts)Gormy Cuss
(30,884 posts)and the observation by Hietkko is spot on -- it would encourage people to take temporary work. It would also encourage new business ventures.