Finland’s basic income trial underway. Initial findings aren’t conclusive.

Finland’s basic income trial underway. Initial findings aren’t conclusive.

Finnish officials say the initial findings of a nationwide experiment with basic income has not increased employment among those participating during the first year of the trial. During the year, about 2,000 randomly selected, unemployed people got a tax-free 560-euro ($636) monthly income with no questions asked. The general well-being of the participants seems to have increased.

Timothy
Timothy
DKO
DKO 1 year

"But real universal basic income has never been tried!"

Gaz Matic
Gaz Matic 1 year

Why would they? Free money doesn’t increase incentives. It does the opposite. This has been known for years due to welfare

Critical Thinking
Critical Thinking 1 year

This title is misleading. The article clearly states that this experiment is only at the halfway mark and there is not enough data to draw any conclusions, but of course you always get negative responses whenever there are attempts to improve social programs. Simply 'getting a job' is not enough if it doesn't pay a living wage. This current form of capitalism as it's being run by the wealthy is not working for the vast majority of the planet. We need another system without oligarchs, plutocrats or neo-liberals/neo-cons.

Anubis
Anubis 1 year

If you are going to give people money for doing nothing do you really expect them to become hyper productive? If you believed that you might as well believe in Alchemy too.

Will Miller
Will Miller 1 year

Please don't feed the animals. They'll grow accustomed to it and forget how to live in the wild.

Ralph
Ralph 1 year

who actually expected people who get paid for nothing to work more?

IIZard
IIZard 1 year

Funnily enough, lazy people are still lazy even when you throw other people's money at them

Crimson Jester
Crimson Jester 1 year

no duh

Dongus Dongus
Dongus Dongus 1 year

For you anericans out there: 560€ is very little. About $634. Definitley not enough for rent. Definitley also more of an unemployment welfare then UBI. Which i thought was for when all the jobs become automated. Not saying more or less would fix it or break it, just putting it out there.

Experiment Eks
Experiment Eks 1 year

Imagine my shock! Who knew that people would be content with doing nothing of they're guaranteed a steady paycheck?

Zachary Brooks
Zachary Brooks 1 year

I can see the timeline now: As robots take over low skilled and minimum wage jobs UBI is required to allow persons to continue to live, then we will see complaints that UBI is not a “living wage” and people will demand more money for no increase of usefulness or skills to society at all.

Colin M.
Colin M. 1 year

A lot of comments here from people who clearly did jot read any articles and/or do not understand the point of these "experiments".

Heather Melothrien
Heather Melothrien 1 year

It would be nice to see actual data at the end of this.

Max Maidment
Max Maidment 1 year

We just have to try it on a bigger scale and for a full generation! Come on let's try just socialism one more time, what's the worst that could happen?

DrSlushee
DrSlushee 1 year

Raise of hands who think this is gonna fail poorly.

Douglas Coxe
Douglas Coxe 1 year

Why this didn’t boost employment, yet. Because the citizens that need this assistance are probably paying down personal debts. Reducing personal debt obviously increases personal happiness to their indebted situation(s). Or if not in debt, then this adds a cushion of income to cover potential emergency expenses. Either way relieving anxiety.

Seth Napier
Seth Napier 1 year

Ya don't say?!

Bryn van Dijk
Bryn van Dijk 1 year

That's really only enough to buy 14 beers over there

Oliver Biscuit
Oliver Biscuit 1 year

If they want to give me an extra alottment of money each month, I'd gladly take it... In the form of a tax break.

Jack King
Jack King 1 year

it would be nice if humans would work even if they will get paid anyway, but humans are lazy as hell, that paycheck is practically a hostage to force you to do your job.

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