Canada Tried Guaranteed Income Once, and It Worked

Our 1970s social experiment proved a tonic for unhealthy inequality. Let’s hope it spreads.

By Crawford Kilianpovwealth

It’s said: nothing can stop an idea whose time has come, but politicians know you can sure slow it down. A Canadian social experiment in the 1970s might have prevented 40 years of a widening income gap and social misery. Instead, conservative politicians — federal and provincial — ended the experiment and suppressed most of its findings.

Now the idea is coming back, not in Canada but in countries like Finland and Germany: the idea of a guaranteed annual income for everyone …

Follow the link to read more …

http://thetyee.ca/Opinion/2016/01/21/Finland-Guaranteed-Income/