2017-01-31 17:00

French Socialist Plan Has Robots Funding Money for All

Winner of the left-wing primaries ahead of France‘s 2017 presidential elections Benoit Hamon. SIPA/ Scanpix
Winner of the left-wing primaries ahead of France‘s 2017 presidential elections Benoit Hamon. SIPA/ Scanpix
Most politicians promise more jobs. France‘s Socialist presidential candidate is saying there may not be many in the future, but you‘ll get paid anyway.

Benoit Hamon won France‘s Socialist Party primary by proposing a basic income for all, an idea that every opponent said is unrealistic and unaffordable but which appealed to Socialist voters who‘ve turned their back on party leaders.

The signature issue of the 49-year-old former education minister would mean the introduction of a 750-euros ($810) a month payment to all citizens. He says it will help alleviate poverty and make up for a shortage of work as the economy progressively automates. Challenged by his opponents over its cost, he says a tax on industrial robots could help to pay for it.

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