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Another Universal Basic Income Experiment is Underway, This Time in Canada (technologyreview.com)

Lindsay, a compact rectangle amid the lakes northeast of Toronto, is at the heart of one of the world's biggest tests of a guaranteed basic income. Technology Review: In a three-year pilot funded by the provincial government, about 4,000 people in Ontario are getting monthly stipends to boost them to at least 75 percent of the poverty line. That translates to a minimum annual income of $17,000 in Canadian dollars (about $13,000 US) for single people, $24,000 for married couples. Lindsay has about half the people in the pilot -- some 10 percent of the town's population. The report outlines that the Canadian province's vision for a basic income -- and the underlying experiment -- differs from that of the one we have seen in Silicon Valley. The report continues: The Canadians are testing it as an efficient antipoverty mechanism, a way to give a relatively small segment of the population more flexibility to find work and to strengthen other strands of the safety net. That's not what Silicon Valley seems to imagine, which is a universal basic income that placates broad swaths of the population.

The most obvious problem with that idea? Math. Many economists concluded long ago that it would be too expensive, especially when compared with the cost of programs to create new jobs and train people for them. That's why the idea didn't take off after tests in the 1960s and '70s. It's largely why Finland recently abandoned a basic-income plan after a small test.

3 of 403 comments (clear)

  1. It's all about attention... by MindPrison · · Score: 4, Interesting

    ...was it Finland that did this experiment first?

    But it's a modern PR thing, oh-we-are-so-progressive, we're going to try this, we're ahead of the heard. I've seen so many countries try this by now (and later ditching it, when it wasn't making the news anymore) that I don't quite believe in the sincerity behind the project.

    I'm all for Universal Basic Income, because I personally believe that no one should starve to death, and everyone should have a basic platform where they could work themselves up from rock-bottom to a worthy place in society. And of their own choice, not what WE think is a worthy place. We're all different - there's a place for us all.

    But these half assed experiments aren't impressive, just depressive. And they always make the news, as if they where amazing, innovative, new and fantastic.

    There's nothing fantastic, new or amazing by it. There's only "PR - LOOK how innovative we are, we're giving it a go".

    No you're not. 4K is a drop in the ocean, in fact - it's a drop in a freaking POND somewhere. If you want to see the real ramification of it all, if you want to see the actual effect, it got to be introduced as a WHOLE for everyone. People aren't automatically going to ditch their job, no one wants to live on existence minimum. but it will give oddball individuals a chance to grow into their position in life. It will give people who lost their jobs to automation - a chance to re-educate themselves, it will give people time to reflect, and not just shrivel up and die on some street corner somewhere.

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  2. 60 years of steadily increasing productivity by rsilvergun · · Score: 5, Interesting

    means things are pretty different today then they were in the 60s. And we've got a massive, massive push for automation coming. Basic income doesn't make sense when you need everybody working. Those days are coming to and end. We can't all be Doctors and engineers. A lot of us just aren't smart enough. And we can't retrain everybody. Not everybody can learn a complex new job. Most can't past the age of 30.

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  3. Re:Student stipend... by Anonymous Coward · · Score: 5, Interesting

    The problem is not lack of income. The problem is irresponsible behavior.

    What you're missing is that lack of income causes irrisponsible behaviour. Someone who is preoccupied with money problems effectively looses 13 IQ points, according to this research, making them more likely to make bad decisions that perpetuate their problems.

    Someone I know has a low income and used to have a drinking problem. What enabled her to stop drinking was a period during which she got some extra money. That was temporary, but because she quit drinking she could get by much easier afterwards. When I asked her what had prevented her from just quitting the habit before her answer was that it was the daily stress of not having enough money that made her drink to soften it. The extra money took away the stress for long enough to tackle the drinking habit.