Wednesday, August 19, 2020

Universal Basic Income trial begins in Germany


"Germany is about to become the latest country to trial a universal basic income after 1,500 people signed up to a three-year experiment into how it affects the economy and the wellbeing of recipients.

As part of the study, 120 individuals will receive the equivalent of $1,430 a month for 3 years, which is just above Germany's poverty line, with their life outcomes compared to another group of 1,380 people who will not receive the payments."


The pandemic has shown that our economic system is not working correctly.  Time for changes.