Universal Basic Income – Utopian or Real?

Universal Basic Income (UBI) is one of those ideas that has divided public opinion into two opposing camps: Those who think it would result in disaster, as humans cannot be trusted. The other camp feels that a UBI would be liberating, allowing people to concentrate on the important things in life, not just earning a living. Rutger Bregman is a writer, widely acclaimed for his book, Utopia for Realists. In it, he champions Universal Basic Income and a 15 hour work week. So, we went to the Netherlands to ask him if the time for these ideas has arrived.

Universal Basic Income: animation

In Finland, income security is guaranteed to everyone. The Finnish government launched a basic income experiment in 2017 in a bid to simplify its social security system and provide stronger incentives for finding work. Up to 2000 people between 25-58 were chosen at random to participate in the trial. Watch this short video to find out how it works.