Finland's Basic Income Pilot Was Never Really A Universal Basic Income - 0 views
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The whole premise of a true universal income program is that people can be eligible to receive the supplemental payment regardless of whether or not they work. While the income threshold for receiving the benefit necessarily varies by context, generally the idea is to help people clear the poverty threshold wherever they live.
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In contrast, a significant part of the appeal of true UBI programs now comes from the fact that jobs–especially for less highly skilled workers–have not proven to be an adequate source of economic stability. And with automation threatening to make low-skilled jobs like cashier or waiter redundant, we can’t continue to rely on jobs as a path out of poverty. A UBI could certainly enable people to work if they would like to, but the point of it is that economic well-being should be a guarantee for all, regardless of labor.
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Since 1982, the Alaskan government has sent a check to every resident from an investment fund established with oil revenues. In 2015, when oil prices were high, the Alaska Dividend Fund sent every individual an annual check for $2,072, or $8,288 for a family of four. Nobody is arguing that this annual stipend is enough to live on, or to qualify as a true UBI (especially because it fluctuates with the price of oil), but it’s a proven model for how a government can collect and redistribute revenue. Perhaps, Marinescu says, Alaska could be instructive in how states could put a tax on carbon and use the revenues to boost incomes.
