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A basic income for everyone? Yes, Finland shows it really can work
Excerpt:
We are a nation that feels just giving money away is somehow backward or even useless. People are people, and if they don-wanna-werk, then they wont regardless of the money shoveled at them for free.
Perhaps that's a vestige of two-centuries ago when working had a mystical almost-religious air about it. Most of America was considered a "haven free from religious persecution", which was rampant at the time in Europe. (The16th century.)
Of course, we've evolved (supposedly) since then! We no longer fight over Religion but the one over political persuasion is nonetheless vigorous. At least in breath, and thankfully not in bullets.
Which simply goes to show how, as human beings, we have evolved. We no longer kill one another, but we do turn a blind-eye to the 46 million of our population who live below the Poverty Threshold. Not quite the same as slaughtering people in battle though, is it.
A MIT study of the matter (see here) did come up with the basic facts, however. Which are these:
"So, what! That's the way the cookie crumbles" - some will say.
Of course, those who do think in that manner are the ones who are typically earning far better incomes - so why, indeed, should they care that a Basic Income can extend livespans?
They have far more important matters to concern them. Like today's DJ-value ...
Excerpt:
In a speck of a village deep in the Finnish countryside, a man gets money for free. Each month, almost €560 (£500) is dropped into his bank account, with no strings attached. The cash is his to use as he wants. Who is his benefactor? The Helsinki government. The prelude to a thriller, perhaps, or some reality TV. But Juha Järvinen’s story is ultimately more exciting. He is a human lab rat in an experiment that could help to shape the future of the west.
Last Christmas, Järvinen was selected by the state as one of 2,000 unemployed people for a trial of universal basic income. You may have heard of UBI, or the policy of literally giving people money for nothing. It’s an idea that lights up the brains of both radical leftists – John McDonnell and Bernie Sanders – and Silicon Valley plutocrats such as Mark Zuckerberg and Elon Musk. And in the long slump that has followed the banking crash, it is one of the few alternatives put forward that doesn’t taste like a reheat.
Finland publish any results until the two-year pilot is over at the end of 2018. In the meantime, we rely on the testimony of participants such as Järvinen. Which is why I have to fly to Helsinki, then drive the five hours to meet him.
Ask Järvinen what difference money for nothing has made to his life, and you are marched over to his workshop. Inside is film-making equipment, a blackboard on which is scrawled plans for an artists’ version of Airbnb, and an entire little room where he makes shaman drums that sell for up to €900. All this while helping to bring up six children. All those free euros have driven him to work harder than ever.
Perhaps that's a vestige of two-centuries ago when working had a mystical almost-religious air about it. Most of America was considered a "haven free from religious persecution", which was rampant at the time in Europe. (The16th century.)
Of course, we've evolved (supposedly) since then! We no longer fight over Religion but the one over political persuasion is nonetheless vigorous. At least in breath, and thankfully not in bullets.
Which simply goes to show how, as human beings, we have evolved. We no longer kill one another, but we do turn a blind-eye to the 46 million of our population who live below the Poverty Threshold. Not quite the same as slaughtering people in battle though, is it.
A MIT study of the matter (see here) did come up with the basic facts, however. Which are these:
More precisely, the study shows that in the U.S., the richest 1 percent of men lives 14.6 years longer on average than the poorest 1 percent of men, while among women in those wealth percentiles, the difference is 10.1 years on average.
Of course, those who do think in that manner are the ones who are typically earning far better incomes - so why, indeed, should they care that a Basic Income can extend livespans?
They have far more important matters to concern them. Like today's DJ-value ...