Truly amazing that this prestigious global consultancy firm is pushing such pie in the sky absurd, utopian nonsense that would bankrupt any country that implements UBI!
"Readers who are familiar with the inequality debate or the fears that robots will take all of our jobs will almost certainly have heard about the idea of a universal basic income. As typically conceived, basic-income programs are meant to provide a financial safety net, with no obligations and without the bureaucracy and associated administrative costs of means-tested benefits."
It will take at least 10-20 more years before robots will be able to do many laborious tasks! And who designs and builds robots?
"... However, to date Finland is the only country that has managed to complete a nationwide randomized control trial of a basic-income program. ... It is also worth noting that the methods and conclusions of the Finnish study were not undisputed ... In Finland’s two-year study, a treatment group of 2,000 randomly picked, initially unemployed people received a guaranteed, unconditional, and automatic cash payment of a modest €560 per month instead of a basic unemployment allowance in similar amounts. ... Interestingly, the final results of Finland’s program, released this spring, found that a basic income actually had a positive impact on employment. People on the basic income were more likely to be employed than those in the control group, and the differences were statistically significant, albeit small."
An experiment to inform universal basic income | McKinsey As income inequality and economic upheaval take center stage, is a guaranteed minimum income worth considering? Results from a two-year experiment in Finland offer clues.
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