Hettie O’Brien

From The Blog
29 January 2018

Y Combinator, a San Francisco-based ‘seed accelerator’ for start-up companies, is working on a pilot for unconditional basic income. The project’s research director toldQuartz magazine it will explore ‘alternatives to the existing social safety net’ in a world in which robots take our jobs. They say subsistence grants dished out by corporate solutionists offer the answer. The Finnish government is halfway through a two-year trial, giving 2000 unemployed people €560 a month, with no obligation for them to look for work (or turn it down). Supporters of unconditional basic income include Mark Zuckerberg,Stephen Hawking, Elon Musk and Bernie Sanders.

Read anywhere with the London Review of Books app, available now from the App Store for Apple devices, Google Play for Android devices and Amazon for your Kindle Fire.

Sign up to our newsletter

For highlights from the latest issue, our archive and the blog, as well as news, events and exclusive promotions.

Newsletter Preferences