Will a guaranteed income ever come to America?
When activists in Switzerland dumped 8 million Swiss coins – one for each citizen – in front of the Parliament building in Bern last fall, the rest of the world took notice. Not just because it was a compelling publicity stunt, but because the activists secured enough signatures to get a referendum on an unconditional basic income on the ballot. If it’s adopted as part of the Swiss constitution, citizens, regardless of whether they work, would receive 30,000 Swiss Francs (about $34,000) a year.
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