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Swiss Village Votes for Free Money. Now It Just Needs the Cash (bloomberg.com)

A village in Switzerland has decided to go ahead with an experiment on basic income, with a payout of 2,500 francs ($2,570) per month. The next step is to raise money to finance the plan via crowdfunding. From a report: More than 50 percent of the inhabitants of Rheinau, close to the German border, signed up for the project, according to the organizers website. At least half the 1,300 inhabitants needed to say 'yes,' and the count stood at 692 on Monday. The submitted ballots still have to be checked against government data to ensure eligibility. The decision comes two years after a proposal for a nationwide unconditional state stipend failed to pass in a national vote. Rheinau, on the banks of the river Rhine an hour by train from the banking hub of Zurich, was selected by filmmaker Rebecca Panian for the basic income trial. She says she became fascinated by the notion during the national debate before up the 2016 vote, decided to select a village as a guinea pig, and make a documentary.

1 of 191 comments (clear)

  1. The same thing is going on in thunder bay by themusicgod1 · · Score: 5, Insightful

    ...and, surprisingly, all the groups involved (city, the council of canadians, 'humans of basic income')...none of them have the budget and all expect someone else to pick up the tab for their free money. Funny how that works.

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