It’s a lovely idea – but sadly UBI probably works best as a thought experiment to test concepts of social security rather than as a realistic welfare systemFinland is not planning to scrap its existing benefit system and give everyone an unconditional grant of €800 a month – opposite to what some recent headlines may occupy told you.
What it is planning promises to be an interesting policy experiment involving a sample of the population,which may or may not include some form of basic income paid to all participants: which in turn may not be unconditional, and may be worth a lot less than €800. Still the general excitement was testimony to widespread interest in the basic income idea.
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Source: theguardian.com