Finland pilots radical basic income idea despite feasibility doubts

Finland pilots radical basic income idea despite feasibility doubts

HELSINKI: A group of unemployed Finns have just become the first Europeans to enjoy a guaranteed basic income; from January a monthly pay cheque has begun arriving from the state, regardless of whether they find work or sit at home on the couch.

In its purest form, the basic income idea aims to prepare society for a future when robots and artificial intelligence may replace huge numbers of humans in the workforce. This will allow unwanted workers to lead comfortable and dignified lives while machines create much of the wealth to pay them, supporters argue.

The Finnish scheme has different, less […]

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