Basic Income Trial Useless, Finland’s Largest Union Says

Basic Income Trial Useless, Finland's Largest Union Says

A month into Finland’s experiment with a basic income, the idea is taking criticism from an unexpected source: The country’s largest labour union.

“We think it takes social policy in the wrong direction,” Ilkka Kaukoranta, chief economist at the Central Organization of Finnish Trade Unions (SAK), told Bloomberg . The union’s membership of 1 million includes more than one out of every five people in Finland.

But supporters of a basic income say unions are simply afraid of losing membership, should the idea be implemented. Pedestrians crossing a street in Helsinki, Finland. The country’s government is running two-year a trial of […]

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