Saturday, June 4, 2016

Swiss consider/reject a guaranteed income

Switzerland will become the first country in the world to hold a nationwide referendum on the introduction of a basic income on Sunday.
The proposal, if passed, would give every adult legally resident in Switzerland an unconditional income of 2,500 Swiss francs (£1,755; $2,554) a month, whether they work or not.
Supporters point to the fact that 21st-Century work is increasingly automated, with more and more traditional jobs, in factories, retail and even in finance and accounting, being done by machines. And they do not need salaries.

Swiss voters have overwhelmingly rejected a proposal to introduce a guaranteed basic income for all.
Final results from Sunday's referendum showed that nearly 77% opposed the plan, with only 23% backing it.
The proposal had called for adults to be paid an unconditional monthly income, whether they worked or not.

1 comment:

  1. I can hear the screams of conservative pundits already.