A plan to save Europe: Pay every EU citizen a ‘Eurodividend’

A plan to save Europe: Pay every EU citizen a ‘Eurodividend’

Unthinkable: Finland has piloted a basic income scheme; could the EU follow suit?

A Europe-wide basic income ‘would provide our national welfare states with a common floor’. Photograph: Chris Ratcliffe/Bloomberg The idea of providing an unconditional basic income to every citizen “used to be regarded as the fantasy of a handful of lunatics,” Philippe Van Parijs and Yannick Vanderborght observe in a new book on the subject.

But support for the measure is growing with a rising number of economists and politicians seeing merit in the scheme as a way of dealing with anticipated massive job losses through technological displacement […]

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