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June 5, 2016 08:00 am

Universal Basic Income Programs Arrive

An anonymous reader writes: Y Combinator will give 100 randomly-selected families in Oakland between $1,000 and $2,000 each month as a test, continuing the payments for between six months and a year. And The Guardian reports that Finland and The Netherlands also are preparing pilot programs to test Universal Basic Income, while Switzerland will vote on a similar program this week. One Australian site is now also asking whether the program could work in Australia, noting that currently the country spends around $3 billion on their Centrelink welfare system, "so simplification can offer huge potential savings." The Guardian sums up the case for a Universal Basic Income as a reaction to improving technology. "In a future in which robots decimate the jobs but not necessarily the wealth of nations...states should be able to afford to pay all their citizens a basic income unconditional of needs or requirements... In an increasingly digital economy, it would also provide a necessary injection of cash so people can afford to buy the apps and gadgets produced by the new robot workforce." I'd be curious to hear what Slashdot readers think about the possibility of a government-run Universal Basic Income program.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/w1whx7fo2cg/universal-basic-income-programs-arrive

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