When masses of workers start to lose their jobs to automation, workers will find it even more difficult to pay for the social insurance that provides them with a safety net. Therefore says Varoufakis we need another way to protect workers and another way to pay for it. Unemployed in Finland When the new year began, 2000 unemployed workers in Finland were chosen at random to participate in the country’s universal basic income experiment.
Those chosen will receive a basic income of $580 a month from the government instead of their unemployment insurance.
That amount will cover basic living expenses. Unlike […]
Full Post at www.portside.org