The Finnish Model
Helsinki prepares to give every citizen €800 per month and shut down its welfare bureaucracy.
Career politicians have become incredibly boring. This helps to explain the appearance of rebel parties in every Western democracy. These new splinter groups include the Ciudadanos in Spain, the National Front in France, the Tea Party in the United States, and the Independentists in Catalonia and Scotland. Voters have grown tired of accepting the same old tunes, whistled from both Left and Right. Constantly recycled policies and programs offer no solutions to difficult, long-term, and often intergenerational problems, such as unemployment among the unqualified youth, or the excessive dependence of certain groups on the welfare state. The same goes for the debate over immigration. One side demonizes globalization; the other decries nationalism.
New ideas are far from lacking, however. Economists and sociologists in universities, laboratories, and foundations provide a steady stream of fresh approaches to these problems. But politicians don’t seem to read much these days, preferring the advice of a closed circle of marketing consultants and dried-up slogan manufacturers. This makes Finland’s move toward instituting a universal basic income (UBI)—often referred to by economists as a negative income tax—all the more refreshing. The negative income tax is often associated with the free-market economist Milton Friedman, who defended it with passion and flair in the 1970s.
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