A growing movement
Swiss activists submitted more than 100,000 signatures needed to get a vote on a guaranteed income Friday, October 4, 2013. In a symbolic gesture, they dumped a truckload of 8 million five-cent coins outside the parliament building in Berne, one for every Swiss citizen.
There's a growing movement in Europe against pay inequality and the right for a basic income.
Switzerland is one of Europe's richest countries but does not have a minimum wage law.
But growing public activism over pay inequality since the 2008 financial crisis has already led to two referendum drives on CEO pay.
In March 2013, Swiss voters overwhelmingly passed one of the world's strictest controls on executive pay, forcing public companies to give shareholders a binding vote on compensation. Voters ignored the business lobby's claim that such curbs would undermine the country’s investor-friendly image.