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Finland plans employment boost: Guarantees universal basic income to 2,000 citizens

• 2,000 people to randomly get the benefits • Citizens to continue getting the benefit even after getting a job

• Scheme aimed to relieve joblessness

HELSINKI, Finland – As part of a guaranteed income scheme, Finland has vowed to pay $600 a month to 2,000 randomly-selected citizens.The country’s centre-right government under Prime Minister Juha Sipila launched the social experiment in a bid to increase spending and employment nationwide, aside from ending poverty.The unemployment rate of Finland stood at 8.1 percent in November 2016.This trial is to last for two years and started on January 1, 2017 after […]

Finland to give citizens universal basic income because of robot invasion

Finland to give citizens universal basic income because of robot invasion

Finland is in danger of developing a reputation either as a nation of visionary ideas or one full of utopian communists.

Not many years ago, the country’s leaders declared superfast access to the internet a human right – which is fair enough.

Now it’s giving away free money to a couple of thousand of its citizens in anticipation of robots taking over their jobs and making them redundant. We have no idea whether these citizens are worthy of being among the first in the world to receive what’s been called the “universal basic income”, or whether they’re just a bunch […]

It is vital that Citizens benefit from plans for a basic income, says Record View

It is vital that Citizens benefit from plans for a basic income, says Record View

Record View Scotland could trial giving every citizen a basic income A basic income is simple in theory. If the state gives every citizen enough to live on as a right of citizenship, they will accept irregular, part-time work because they won’t lose welfare benefits if they do so.

The idea is at least two centuries old but it has become fashionable now as the increased use of robots to do quite sophisticated work will leave many citizens with little to do.

The Greens back the idea, so does the SNP conference, Labour’s John McDonnell is thinking about it and even […]

English is a life skill

English is a life skill

The advent of society can be traced back to the formation of groups of human beings who had common ways of expressing themselves.Whether through commonality of expression, through the sounds they made, or gestures, or in their behaviour while chasing down prey or resolving conflicts, human beings found a way to communicate successfully with one […]

The evolution of functional societies came about through the evolution of languages through which messages could be communicated by one and interpreted by another. The advent of society can be traced back to the formation of groups of human beings who had common […]

Why Finland is ahead of the US with guaranteed income

Why Finland is ahead of the US with guaranteed income

Why Finland is ahead of the US with guaranteed income: ‘It may be an empathy gap,’ says one expert.

Finland just rolled out a pilot program to test universal basic income, or UBI. And while the idea of regular cash handouts may sound tantalizing, out-of-work Americans shouldn’t hold their breaths.

The Scandinavian country announced yesterday that 2,000 randomly-selected, unemployed individuals between the ages 25 and 58 will receive a monthly cash payment of 560 euros ($582.90) for two years.The payments will continue even if the recipient finds work. The goal, according to the Finnish government, is to increase employment.A privately […]

Who Will Be Left Behind From The Factory Of The Future?

Who Will Be Left Behind From The Factory Of The Future?

Who will the future factory not need?

Most production workers and virtually all administrative, office and managerial personnel.

Automation takes out the production worker jobs, as has been the case over the last 40 years. Artificial Intelligence will take care of the rest.What will be different from the onslaught of automation which has progressively and at an increasing rate eliminated many jobs during the last 200 years is that new types of jobs will not be created in sufficient numbers to employ the unemployed. Nor will the unemployment occur spread by occupation in such a way as to distribute the pain […]

Money for nothing: What universal basic income means for you

Money for nothing: What universal basic income means for you

Image: Getty Images/blue jean images RF It’s not a new concept. In the late 1790s, American statesman Thomas Paine called for a universal payment of £15 per year to all his countrymen in exchange for the right to hold private property.

First suggested over 200 years ago, the idea of universal basic income never quite went away, and in many circles, it’s actually picking up steam.

Progressive Finland is officially the first sovereign nation to put it to the test. Two-thousand Finnish citizens, who were selected randomly from those currently receiving unemployment benefits or an income subsidy, will now receive €560 […]

Finland Experiments With The Universal Basic Income

Finland Experiments With The Universal Basic Income

via Flickr user (cc) Maverick Fang In America, liberals and conservatives disagree on the advantages and disadvantages over the government giving people money. For the most part, conservatives believe that government handouts encourage people to be lazy while liberals think the welfare system improves society by helping those in need. This year, Finland is putting these ideas to the test with a new experiment that gives people a universal basic income regardless of their employment status and income.

Starting this month, Finland has randomly selected 2,000 unemployed citizens to be given €560 euros ($587) a month. If they are on […]

Finland Tries Basic Income for Unemployed Citizens

Finland Tries Basic Income for Unemployed Citizens

Finland is officially the first European country to experiment with a universal basic income for all its unemployed citizens and the rest of the world is curiously taking note as to how the experiment will unfold.

According to The Guardian , the pilot program, which will run for two years, will guarantee that all unemployed Finns between the ages of 25 to 58 will receive a monthly basic income of €560 (around $582). This amount also replaces the social benefits they previously received and will be given even after they have started to work again. The program went into effect […]

Land of £475 a month dole – even if you work: Unemployed in Finland to be paid £6,000 a year as part of social experiment

Land of £475 a month dole - even if you work: Unemployed in Finland to be paid £6,000 a year as part of social experiment

Jobless people are being paid a guaranteed basic income of nearly £6,000 a year in a radical experiment in Finland.

The Scandinavian country became the first in Europe to trial such a scheme, with 2,000 unemployed receiving 560 Euros (£475) a month for two years from January 1.

The recipients are free to spend the money on anything they choose, do not need to prove they are looking for work and will still receive the basic income even if they do get a full- or part-time job. Finland’s Prime Minister Juha Sipila wants to tackle the country’s unemployment problem Finnish government […]