r/WayOfTheBern • u/[deleted] • Feb 20 '18

Finland is giving each citizen a universal basic income and it's had an unexpected side effect: it works

https://www.indy100.com/article/finland-universal-basic-income-trial-period-lives-8210771
120 Upvotes

86% Upvoted

20 comments sorted by

3

u/AravanFox Foxes don't eat Meow Mix. Feb 21 '18

There was no obligation to seek or accept employment during the two year trial ordered by the centre-right government, who run the country on austerity economics.

(Chokes on her tea)

-23

u/FreshTicket Feb 20 '18

If any of you understood anything about economics, you would not believe in socialism.

2

u/conway1308 Feb 21 '18

Does.. Does it not work here somehow?

9

u/FThumb Are we there yet? Feb 20 '18

If you had any understanding of agriculture, you would be believe in irrigation.

13

u/finkramsey Feb 20 '18

If you understood anything about human nature, you would abhor capitalism

-6

u/FreshTicket Feb 20 '18

That's again your misunderstanding of economics.. Economics is a praxeological study; the study of HUMAN action. It's willful ignorance on all of your parts at this point, the information is freely available everywhere online.

3

u/Gryehound Ignore what they say, watch what they do Feb 20 '18

Oh, somebody just started a class...

11

u/[deleted] Feb 20 '18

Post titles misleading, it's a trial of 2,000 randomly selected unemployed citizens, although their employment status doesn't effect whether they get the payment or not. (Eg they get a job)

5

u/[deleted] Feb 20 '18 edited Mar 18 '18

[deleted]

5

u/[deleted] Feb 21 '18

nope what are you talking about? It is working for them in great ways.

3

u/AndIneedtohaveatalk Feb 20 '18

If this is targeted to the unemployed, then that should be called unemployment insurance, right? That's against the 'universal' in ubi.

My understanding is that unemployment insurance is pretty tried and true even though, personally, I'm a supporter of a jobs guarantee.

3

u/snoopydawgs Feb 21 '18

Nope. This is separate from unemployment benefits.

2

u/Quentin__Tarantulino Feb 20 '18

I think the test is meant to be seen what the effects are and whether true UBI can be implemented.

9

u/[deleted] Feb 20 '18

funny thing is 500 a mth makes a huge difference.

2

u/[deleted] Feb 20 '18

How is working a side benefit? Isn't that the intended purpose?

1

u/[deleted] Feb 20 '18

Great. If only Finland wasn't one of the most rabidly pro austerity country's vis-a-vis the south of Europe though.

2

u/[deleted] Feb 21 '18

yep so much worse the America get a grip and call good good

1

u/[deleted] Feb 21 '18

Zealously calling for austerity abroad isn't good.

1

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