The initial results from a landmark basic income trial in Finland have cast doubt on the increasingly popular concept’s viability as a large-scale solution to automation, despite improving wellbeing.
In the trial, 2,000 unemployed Finnish people were given a monthly flat rate of €560 (£490) instead of benefits payments, which was guaranteed regardless of whether they got a job or not.
It had been hoped that the safety net the money provided would lead to a greater level of employment among the trial participants, however the initial results show this has not been the case. It did, however, increased levels of […]
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