How to set up a universal basic income for all Europeans

 

Belgian Economist François Denuit suggests introducing the euro-dividend as a new pillar of social rights on which member states could build up their own basic income policies. A big leap forward towards building a truly and ambitious Social Europe.

A month ago, following a public consultation involving more than 16,500 participants drawn from civil society, the European Commission made public its reflection on the social dimension of the European Union (EU) and adopted a recommendation in favour of a “European pillar of social rights”. While we should applaud the willingness of the institution and its president, Jean-Claude Juncker, to re-engage with its right of initiative in social affairs, this proposal must be accompanied by other initiatives if the Commission hopes to meet its aim of a “social triple A” for the EU. A systematic support for national social protection systems in the form of a euro-dividend could offer a complementary and ambitious way to address current social, economic and political issues. Continue reading