In June 2016, Switzerland voted in a referendum on the topic of introducing a basic income. If it had passed, all Swiss citizens, working or unemployed, would have received about $2,500 Swiss francs for adults and 625 francs for children per month as a guaranteed stipend from the government. Image credit Switzerland would have become the first country in the world to implement such an idea. Although the Swiss Federal Council rejected the initiative in August 2014, the rejection was more of a symbolic suggestion to vote against the basic income than a consequential political action: the Swiss people […]
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