Tag: basic income

Kiosked Finnish flags fly at half-mast outside City Hall in Hyvinkaa May 26, 2012 [Representational Image]. Finland, the far north European nation may just become the first country to provide basic income to its citizens.

As part of a unique experiment, the Finnish government has decided to give basic income of Euro 650 (approx Rs 46, 257) to unemployed citizens in a bid to boost employment, cut government red tape and reduce poverty, the Guardian reported.

Also read: Switzerland considers paying $2,500 per month to every citizen Starting from January 1, the government will pick up a random sample of 2,000 […]

Full Post at www.ibtimes.co.in

‘Basic Income: the centrepiece of a just society’ Karl Widerquist (intrrnational expert on UBI)

As part of the series on Universal Basic Income, The Social Change and Community Wellbeing research centre at MMU and Steady State Manchester warmly invite you to another event exploring the Universal Basic Income

Come along on Monday 30th January 2017 1-3pm, Brooks Building, Manchester Metropolitan University, M15 6GX Room 3.31 Who will be talking? Karl Widerquist, Associate Professor at Georgetown University-Qatar, is an internationally renowned scholar and activist, advocating and researching a Universal Basic Income. Karl holds doctorates in both economics and […]

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Motorized mannequins hold signs that read "Hire Me" in Toronto, May 23, 2014. Photo: Reuters/Mark Blinch In an effort to understand how to combat unemployment, poverty and social inequality, Finland and Scotland are embarking on bold and ambitious economic experiments that will have their governments pilot a Universal Basic Income (UBI) for every citizen, regardless of their employment status, albeit with a few caveats.

The program has already begun in Finland and is restricted to 2,000 participants who were selected at random out of a pool of people who were receiving some sort of unemployment benefits or income subsidy. The […]

Full Post at www.ibtimes.com

One of Finland’s New Year’s resolutions is to give FREE money to the unemployed for two years, in an effort to get people back to work.

Starting yesterday, Jan. 1, 2017 and lasting until 2019, Finland’s social security department will distribute approximately $585 every month to over 2,000 unemployed Finns. Finns will receive the income regardless of if they find employment or not over the next 2 years. The idea of giving something revenue for doing nothing does not make any sense at all. Finland hopes that this will get plenty of people to get up and get back to […]

Full Post at easterndaily.com

This should be interesting to watch . Finland is about to embark on an extremely ambitious journey to test one of the most controversial economic theories of our time. The country’s social security institution known as Kela will be handing free money to thousands of jobless citizens on a monthly basis for the next two years. It’s a test of an economic strategy known as Basic Income, which at its core is essentially free money for every person once they reach a certain age, without any prerequisites. The idea behind Basic Income is that by giving every individual a […]

Full Post at www.bootsandsabers.com

Finland is trialing a Basic Income project that has the potential to create a more robust safety net for the multitude of Western middle and lower class employees that are being disrupted on almost every front – economic, political, technological and ideologically. Just as the swamp is about to be backfilled in Washington instead of draining the excess of neoliberals that caused most of the problems, the problem to widening inequality and job security may have a solution.

More from AP : Olli Kangas from the Finnish government agency KELA, which is responsible for the country’s social benefits, said Monday […]

Full Post at www.macrobusiness.com.au

With centralized social welfare systems breaking down, the world will be watching Finland’s experiment

Finland is testing the idea of a Basic Income – paying €560 to a select group of citizens regardless of whether they work or not.

The experiment will be watched closely, as the rise in automation and precarious work is revealing the severe flaws in the current social welfare system. I am a big fan of the Basic Income, though I have recently given more thought to the problem of making sure people are incentivized to find work. This matters, because it’s tough to imagine that people […]

Full Post at www.spencerfernando.com

Raf Manji , a Christchurch City Councillor and chair of the Strategy and Finance committee, has been advocating for a universal basic income in recent media appearances, including an interview on Radio New Zealand (RNZ) and a TEDx talk in Christchurch. One of his major themes is that a basic income must be seen as part of a new social contract, and that we need to reconceive the idea of citizenship. Raf Manji (left) CC BY-NC-ND 2.0 TEDx EQChCh On November 8, 2016, Manji guested on an RNZ segment called “ Is UBI an idea whose time has come? […]

Full Post at basicincome.org

2,000 people in a pilot project will soon receive a basic income regardless of employment income or other government benefits, as part of a groundbreaking government project. Finland has become the first country in Europe to pay its unemployed citizens a basic monthly income, amounting to 560 euros ($587 US), in a unique social experiment which is hoped to cut government red tape, reduce poverty and boost employment.

Olli Kangas from the Finnish government agency KELA, which is responsible for the country’s social benefits, said Monday that the two-year trial with the 2,000 randomly picked citizens who receive unemployment benefits […]

Full Post at www.cbc.ca