June 5, 2016 will be remembered as an important landmark in the worldwide march towards the implementation of unconditional basic income (UBI) schemes. All Swiss citizens were asked that day to express their approval of or opposition to the following proposal:
- The Confederation introduces an unconditional basic income.
- The basic income must enable the whole population to live a dignified life and to participate in public life.
- The law will determine the funding and level of the basic income.
The proposal was rejected, with 76.9% of the voters against, 23.1% in favour. Why was this rejection predictable? And why is it such an important step forward?
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