Finland’s biggest trade union has declared the country’s experiment with basic income as unworkable, uneconomical and ultimately useless.

As reported by Bloomberg, the labour union said the results of a two-year pilot programme will fail to sway its opposition to a welfare-policy idea that’s gaining traction among those looking for an alternative in the post-industrial age.

“We think it takes social policy in the wrong direction,” said Ilkka Kaukoranta, chief economist of the Central Organ...


This story is part of New Europe's Premium content.

To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑
new europe join now