• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Financebasic income

This Swiss City Will Weigh Giving Its Citizens Free Money

Robert Hackett
By
Robert Hackett
Robert Hackett
Down Arrow Button Icon
Robert Hackett
By
Robert Hackett
Robert Hackett
Down Arrow Button Icon
April 19, 2016, 11:44 AM ET
Old Town. Lausanne. Switzerland
Old Town, Lausanne, Switzerland. (Photo by Marka/UIG via Getty Images)Marka—UIG via Getty Images

Basic income is the economic fad du jour.

A number of governments, including Finland, Ontario in Canada, and the Netherlands, are toying with the idea of giving their citizens free money to cover basic needs. Now the latest on the list of interested locales is Lausanne, Switzerland.

Lausanne’s city council on Tuesday narrowly passed a motion calling for it to run a basic income trial program, reports the French daily newspaper Le Nouvelliste. The motion, which is not legally binding, asks the city’s executive council to implement the scheme as an experiment. (The motion received 39 votes in favor, 37 against, and 8 abstentions.)

Get Data Sheet, Coins2Day’s technology newsletter.

Although the proposal doesn’t contain many details, it does clarify some points. The program would run in collaboration with the University of Lausanne, similar to the Dutch plan’s partnership with the University of Utrecht, reports the Basic Income Earth Network, a network of academics and activists who are interested in the idea of a basic income. And the trial would be limited—only a subset of Lausanne’s population of 130,000 would participate.

The concept of a universal basic income has drawn praise and condemnation from both sides of the political aisle, from left-wingers and right-wingers alike. Advocates of a basic income maintain that such a program would ease economic inequality and eliminate welfare state inefficiencies, while critics argue that such a program would create disincentives to work.

For more on income proposals, watch:

On June 5, Swiss citizens will vote on whether the country should provide about $2,500 Swiss francs per month to adults and about $625 Swiss francs per month to children. The Swiss parliament is overwhelmingly opposed to the basic income initiative, but could be circumvented in the referendum.

About the Author
Robert Hackett
By Robert Hackett
Instagram iconLinkedIn iconTwitter icon
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.