In Case You Missed This... 'Swiss Voters Consider Guaranteed Income For All' [View all]

[WillyT]

Swiss Voters Consider Guaranteed Income For All
HereAndNow.org
Wednesday, November 27, 2013

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Swiss residents will soon vote on a referendum that would provide an unconditional monthly income to every adult. If passed, each citizen will be guaranteed $2,800 per month — that’s $33,600 a year.

The guaranteed income concept is gaining steam in many parts of the world: there are pilot projects in India, Brazil and Namibia.

Both liberals and conservatives find merit in providing basic incomes to individuals — for different reasons. Progressives see it as an anti-poverty measure; conservatives believe it will reduce the size of government by getting rid of food stamps and welfare programs.

There are concerns about whether it would create a disincentive to work, but some experts say the effect might be smaller than expected.

A study by economist Evelyn Forget of the University of Manitoba examined a small rural town in Canada, where...

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Link: http://hereandnow.wbur.org/2013/11/27/swiss-guaranteed-income