While I'm confident this will fail, for a myriad of causes that most of you all are aware of, I'm ultimately glad that these experiments are being conducted, none the less.

First, it will provide empirical evidence for such as system's failure, but perhaps more importantly it will reveal the absurd quality of life you can expect from such a system:

2,000–3,000 citizens already on unemployment benefits will begin to receive a monthly basic income of 560 euros (approx. $600). That basic income will replace their existing benefits. The amount is the same as the current guaranteed minimum level of Finnish social security support.

Secondly, 560 Euros in Scandinavia (more prosperous and wealthy than the so called 'PIIGS') will barely cover any living costs: my guess it will be food costs and maybe part of your energy bill provided you already have a place to stay: VAT is 24% there! I've had to live on similar budgets before, and that sum of money really motivates you to refelct on your life: really fast!

You quickly realize your time, the most finite of resources you possess, is being depleted under perpetual anguish and fear of what your life would be life if an unaccounted expense creeps into your life. It consumes you with you dread and paranoia.

You're literately walking on egg-shells all the time. If this is the Socialist/Communist ideal they can might as well go work in a gulag, at least there you have direct access to food.

PS: I'm getting flashbacks of Auroracoin now. And not in schadenfreude-way, but more in a data gathering manner and a unsettling and unnerving manner in which I can help but think: when will we learn that Human action is (almost entirely) fueled by self-interest?