Finland’s basic income experiment wasn’t really one, because it was only applied to unemployed people, while a fundamental requirement for a Universal Basic Income (UBI) is to be completely unconditional.
A Universal Basic Income (UBI) has specific requirements in order to work, and one of the most important of them, universality was missing in Finland’s experiment, meaning that Finland never tested a UBI at all.
Some politicians are blaming UBI for promoting Socialism, and many people are believing them, but wrongly UBI is pure Capitalism, the only difference is that the failed welfare system is being replaced by a Universal Basic Income (UBI).
As UBI becomes more and more popular, the false arguments against it become popular too, people who call UBI a “socialist policy” and so on, these arguments are based on ideology and do no represent facts, as UBI has basically nothing to do with Socialism at all.
A Universal Basic Income would let people choose their basic needs, reducing some free, but expensive for the government services and benefits and therefore reducing government size.
Universal Basic Income (UBI) would bring real freedom to our society, allowing even more people to get higher education, get involved in science and medicine, while the free time created by guaranteed survival would allow people to work on projects that can bring innovation.
Note that a Universal Basic Income would result to a reduction in government spending on pointless welfare programs, useless social services and a huge boost for the economy.