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“People Shouldn’t Have To Work”: Person Shares How The World Would Work If Everyone Had Universal Basic Income

“People Shouldn’t Have To Work”: Person Shares How The World Would Work If Everyone Had Universal Basic Income

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Universal basic income (UBI) is a governmental public program for a periodic payment delivered to all citizens of a given population without a means test or work requirement. If the level is sufficient to meet a person’s basic needs (i.e., at or above the poverty line) it is sometimes called a full basic income. If it is less than that amount, it may be called a partial basic income.

The general idea that the government should give every citizen money with no strings attached has been around since the 16th century. But lately, it has experienced a remarkable resurgence with advocates ranging from Facebook founder Mark Zuckerberg to libertarian economist Milton Friedman.

Twitter user Lori Summers is also on that list. Lori published a comprehensive thread where they explained why they think UBI is a blessing, not a curse.

More info: Twitter

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Image credits: madlori

One of the reasons why talks about UBI resurfaced was a two-year study Finland ran in 2017 and 2018, during which the government gave 2,000 unemployed people (aged between 25 and 58) monthly payments without asking anything in return.

The payments of €560 per month were unconditional, so they weren’t reduced if an individual got a job or a pay rise. The study was nationwide and selected recipients weren’t able to opt-out because the test was written into legislation.

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Image credits: madlori

Image credits: madlori

The study compared the employment and well-being of basic income recipients against a control group of 173,000 people who were on unemployment benefits. Between November 2017 and October 2018, people on basic income worked an average of 78 days while those on unemployment benefits worked six days less.

There was a greater increase in employment for people in families with children, as well as those whose first language wasn’t Finnish or Swedish. However, the researchers aren’t yet sure why.

When surveyed, people who received universal basic income instead of regular unemployment benefits reported better financial well-being, mental health, and cognitive functioning, as well as higher levels of confidence in the future.

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But some experts believe the experiment didn’t go that well. In an article for Jacobin, Jimmy O’Donnell, a senior research assistant at The Brookings Institution, pointed out what he thought were a few major problems.

The first, he said, was a change in social attitude in Finland. Many politicians and their constituents began to view basic income as a way to encourage poor work ethic. This contributed to a second issue: the prime minister’s office was only willing to offer a budget of 20 million euros (roughly $24 million) for the trial.

Furthermore, it wanted the policy to be implemented quickly, forcing researchers to rush the experiment’s design. The researchers behind the trial had originally planned to include 10,000 participants and were considering payments of around 1,000 euros per month. But that wasn’t possible with the budget they got.

The sharp timeline also forced the team to limit the participants to unemployed residents, since they already had administrative data for that group.

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Stynes also identified another flaw: the design of the trial dictated that basic income was only a part of the services given to the recipients, and they were required to forgo certain other benefits in order to receive the money.

In the end, the trial only involved people who were already receiving Finland’s standard conditional benefits — things like unemployment benefits, housing allowances, social assistance, and illness compensation that are afforded to unemployed residents by law.

A control group of unemployed people (around 5,000 residents) continued to receive these services. The treatment group, meanwhile, received a portion (but not all) of the same conditional benefits they had been getting before, in addition to small basic-income payments of 560 euros per month.

In 2017, that resulted in the control group receiving 7,300 euros ($8,000) in unemployment benefits and 1,300 euros ($1,400) in social assistance. The treatment group, meanwhile, only received 5,800 euros ($6,400) in unemployment benefits and 940 euros ($1,000) in social assistance that year.

What does all of this mean? Well, the data is difficult to parse out.

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A Pew Research Center survey, conducted online in August 2020, of 11,000 U.S. adults found that a narrow majority (54%) oppose the federal government providing a guaranteed income of $1,000 per month to all adults, while 45% support it

Here’s what people said after reading Lori’s thread

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Mindaugas Balčiauskas

Mindaugas Balčiauskas

Author, BoredPanda staff

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I'm a visual editor at Bored Panda. I kickstart my day with a mug of coffee bigger than my head, ready to tackle Photoshop. I navigate through the digital jungle with finesse, fueled by bamboo breaks and caffeine kicks. When the workday winds down, you might catch me devouring bamboo snacks while binging on the latest TV show, gaming or I could be out in nature, soaking up the tranquility and communing with my inner panda.

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Mindaugas Balčiauskas

Mindaugas Balčiauskas

Author, BoredPanda staff

I'm a visual editor at Bored Panda. I kickstart my day with a mug of coffee bigger than my head, ready to tackle Photoshop. I navigate through the digital jungle with finesse, fueled by bamboo breaks and caffeine kicks. When the workday winds down, you might catch me devouring bamboo snacks while binging on the latest TV show, gaming or I could be out in nature, soaking up the tranquility and communing with my inner panda.

Rokas Laurinavičius

Rokas Laurinavičius

Writer, BoredPanda staff

Read more »

Rokas is a writer at Bored Panda with a BA in Communication. After working for a sculptor, he fell in love with visual storytelling and enjoys covering everything from TV shows (any Sopranos fans out there?) to photography. Throughout his years in Bored Panda, over 300 million people have read the posts he's written, which is probably more than he could count to.

Read less »

Rokas Laurinavičius

Rokas Laurinavičius

Writer, BoredPanda staff

Rokas is a writer at Bored Panda with a BA in Communication. After working for a sculptor, he fell in love with visual storytelling and enjoys covering everything from TV shows (any Sopranos fans out there?) to photography. Throughout his years in Bored Panda, over 300 million people have read the posts he's written, which is probably more than he could count to.

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Hans
Community Member
3 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Rejecting the idea of a citizen's dividend as a socialist dream is naive. In fact, many good argument for universal basic income schemes have been brought forward, and some experiments, such as in Finnland, have yielded noteworthy results. However, the reality is not as easy as proposed in a few tweets.

Hans
Community Member
3 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

There lie great challenges with income inequality, particularly driven by the fact that interest on capital growths faster than salaries (which leads to greater inequality). Moreover, automation and artficial intelligence will make many jobs superfluous. You cannot simply say "Let's give every citizen sum X" but an transformation of the economic system, including taxation and social matters, would be needed.

Load More Replies...
Karin Jansen
Community Member
3 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

For anyone who might be interested: the book "Utopia for realists" by Rutger Bregman gives a wonderful overview on the matter of a universal basic income and the experiments done. I found it to be truly mind-boggling.

Daria B
Community Member
3 years ago (edited) DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

To be honest, we studied Utopia (the actual novel) in university, and the excerpt we used for our classes made me conclude that Utopia was a pretty repressive place itself...

Load More Replies...
Patricio2223
Community Member
3 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

stupid conversation to even have. Money comes from creating value. It's like bartering, but more convenient. If you're not creating value, where is the money going to come from? So a few people have to work their butts off so you can stay home and be lazy? Give me a break.

Hans
Community Member
3 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

You are missing one point here. The planet, our earth, is creating endless value to all living being every day. The rationale of a citizen's dividend is to let *everyone* partcipate in for example what is made from drilling for oil. Whether that works is disputed, but there is in a way value creation without doing a thing.

Load More Replies...
Load More Comments
Hans
Community Member
3 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Rejecting the idea of a citizen's dividend as a socialist dream is naive. In fact, many good argument for universal basic income schemes have been brought forward, and some experiments, such as in Finnland, have yielded noteworthy results. However, the reality is not as easy as proposed in a few tweets.

Hans
Community Member
3 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

There lie great challenges with income inequality, particularly driven by the fact that interest on capital growths faster than salaries (which leads to greater inequality). Moreover, automation and artficial intelligence will make many jobs superfluous. You cannot simply say "Let's give every citizen sum X" but an transformation of the economic system, including taxation and social matters, would be needed.

Load More Replies...
Karin Jansen
Community Member
3 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

For anyone who might be interested: the book "Utopia for realists" by Rutger Bregman gives a wonderful overview on the matter of a universal basic income and the experiments done. I found it to be truly mind-boggling.

Daria B
Community Member
3 years ago (edited) DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

To be honest, we studied Utopia (the actual novel) in university, and the excerpt we used for our classes made me conclude that Utopia was a pretty repressive place itself...

Load More Replies...
Patricio2223
Community Member
3 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

stupid conversation to even have. Money comes from creating value. It's like bartering, but more convenient. If you're not creating value, where is the money going to come from? So a few people have to work their butts off so you can stay home and be lazy? Give me a break.

Hans
Community Member
3 years ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

You are missing one point here. The planet, our earth, is creating endless value to all living being every day. The rationale of a citizen's dividend is to let *everyone* partcipate in for example what is made from drilling for oil. Whether that works is disputed, but there is in a way value creation without doing a thing.

Load More Replies...
Load More Comments
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