Basic Income Revisited
On June 5, Swiss voters overwhelmingly rejected, by 77% to 23%, the proposition that every citizen should be guaranteed an unconditional basic income. But, with up to one-third of all jobs at risk from automation over the next 20 years, that lopsided outcome doesn’t mean the issue is going away anytime soon.
LONDON – Britain isn’t the only country holding a referendum this month. On June 5, Swiss voters overwhelmingly rejected, by 77% to 23%, the proposition that every citizen should be guaranteed an unconditional basic income (UBI). But that lopsided outcome doesn’t mean the issue is going away anytime soon.