by Madeleine KandoSwitzerland recently rejected a proposal to introduce a guaranteed basic income for all. This would guarantee that all citizens or families have an income sufficient to live on, provided they meet certain conditions. It was not expected to pass, but the mere fact that it was on the ballot is significant.
Although Switzerland is the first nation to propose such a plan, it has been experimented with on a smaller scale in various locations. In the late 70's, the Mincome Project was run in Canada, to determine whether a guaranteed, unconditional annual income would be preferable to a welfare system and its negative effect on people's willingness to work. The pilot program showed that, contrary to what people feared, guaranteeing a minimum income did not result in people working less. It showed improved health and many other benefits. Another pilot project is underway in Finland, where around 10,000 people could soon be receiving €550 each month. Read more...





