Swiss To Vote On Proposed Minimum Monthly Wage Of US$2,800
A petition garnered 120,000 signatures, which is more than enough to merit a government vote, possibly before the end of this year. If it passes, it will apply to every member of the working adult population.
What's the Latest Development?
After receiving a petition containing 120,000 signatures, the Swiss government will vote on a measure that, if passed, would provide every member of the working adult population with a minimum monthly wage of CHF2,500 (US$2,800). This minimum would apply to all jobs, even the lowest-paying ones. The exact date of the vote has not been set, but it could happen before the end of this year. Basic Income Initiative co-founder Enno Schmidt thinks its passage could represent a significant historical moment "like the abolition of slavery, or the civil rights movement."
What's the Big Idea?
By Swiss law, petitions that garner more than 100,000 signatures are brought to a government vote. One of these, scheduled for November 24, will determine whether CEO pay will be limited to 12 times that of the company's lowest-paid employees. The funds for the minimum monthly wage initiative would most likely come from Switzerland's social insurance system, which has caused concern among older citizens, says another Basic Income Initiative co-founder, Che Wagner: "They have fear, of course, for their pensions, and don’t instantly get that this is a replacement of an old system."
Photo Credit: Shutterstock.com
Upvote/downvote each of the videos below!
As you vote, keep in mind that we are looking for a winner with the most engaging social venture pitch - an idea you would want to invest in.
"Earth" features about 30 of the biggest names in entertainment.
- Lil Dicky is a rapper and comedian who released his debut album in 2015.
- His new music video, "Earth," features artists such as Justin Bieber, Ariana Grande, Ed Sheehan, Kevin Hart, and Leonardo DiCaprio.
- All proceeds of the music video will go to environmental causes, Dicky said.
Some evidence attributes a certain neurological phenomenon to a near death experience.
Time of death is considered when a person has gone into cardiac arrest. This is the cessation of the electrical impulse that drive the heartbeat. As a result, the heart locks up. The moment the heart stops is considered time of death. But does death overtake our mind immediately afterward or does it slowly creep in?
- A forensic artist in Scotland has made a hyper realistic model of an ancient dog.
- It was based on the skull of a dog dug up in Orkney, Scotland, which lived and died 4,000 years ago.
- The model gives us a glimpse of some of the first dogs humans befriended.
SMARTER FASTER trademarks owned by The Big Think, Inc. All rights reserved.