In parts of California there are plans to give people no-strings-attached cash, whether they have a job or not. It’s hoped these trials could be the solution to a potentially jobless dystopian future. Film supported by Mishcon de Reya
Click here to subscribe to The Economist on YouTube: https://econ.st/2xvTKdy
For more from Economist Films visit: http://films.economist.com/
Check out The Economist’s full video catalogue: http://econ.st/20IehQk
Like The Economist on Facebook: https://www.facebook.com/TheEconomist/
Follow The Economist on Twitter: https://twitter.com/theeconomist
Follow us on Instagram: https://www.instagram.com/theeconomist/
Follow us on Medium: https://medium.com/@the_economist
source
It should be $3,000 monthly UBI for everyone. No questions asked.
too expensive???? but people are no expensive, hahah
Sure of you want a distopia its just what we need
Socialism
You just carry around a card or even something embedded in your skin. You go to a store or an eating place and you get what you want to purchase.
High quality companies don't get clients. That is completely wrong, just check how many Lamborghini were selled….??
Fund it with a Land Tax
If not ubi than tubi ie targetted ubi to ppl below the poverty line is an idea whose time has urgently come
Yes , Yes and Yes.
hilarious to see Sam Altman referred to as president of Y-Combinator instead of OpenAI 😂
Imagine thinking an automated future would be distopian… once everything is free to produce, everything will be free and plentiful… if we can survive Climate Change
it should be a requirement to at least work part time to get a "top off"
but giving people free money isnt going to work . because the more money you hand out the more the price of goods go up , hence grocceries and rent due to covid 19
This, in the long run, will incite people to do less in order to get UBI. People need to work more. Get the skills to thrive in the new economy.
This is the dumbest idea in the world. It’s Marxism under a different name.
SOciety is over. This is pulling plug on society.
My only criticism of this is near the end, the gentleman assumes cost savings from automation would be passed to consumers…😂😂😂. That’s more idealistic than UBI.
If I had universal basic income I'd start a small business, maybe have a kid and go back to college, I don't mind if we lose some fast food workers and less scamming phone calls
Nothing is free 🤓🖕
No it just make laziness and creates disgruntled employees
??
With the open borders of the US and the UK UBI would increase immigration to an even greater extent. The welfare state needs to either control immigration or end.
"Work" is what the wealthy and professionals do, "Jobs" are what the underclasses do, and UBI won't be enough for Rent, Food, Insurance, Transportation, Schools at all. How about making the government discern again?
If people really want this … they would petition and get it on a ballot..
It will only promote health ,happiness ,innovation ,enterpreneurship ,passion following ,welfare ,backup to take riska etc.
i don't see a single critic in this, even inflation problem might be addressed by increasing the supply or promoting enterpreneurship and buisness and also providing ubi can become a basis for poor people to start a buisness, that requires a initial capital and that will only contribute to welfare.
It's just imaginative state that society won't come in conflict for fundamental need of majority,the decisive being proletariat however their number reduced as Engels rightly said "abolition of anti thesis between town and village is utopia just like abolition of anti thesis between capitalist and wage workers"
It’s just communism rebranded with a cute, adorable name.
Any handouts must be non-transferable vouchers for food, clothing, rent etc. Not cash to buy luxury items or drugs. UBI cash payments cause prices to skyrocket too. A reduction in population is what's really required, a reversal of the population expansion seen under the industrial revolution. Automation will make this happen, and must not be interfered with.
Of course, it can. We subscribe to Capitalism and capital must circulate under Capitalism We enjoy it for that consistency and convenience. The socialism of equality and equal protection of our own at-will employment laws for unemployment compensation in our at-will employment States can help even more by actually solving for capitalism's natural rate of unemployment via market friendly means. And, in the US, the legal and physical infrastructure is already in place and merely needs to be upgraded like infrastructure in general.
I would need 500 au a week to live comfortably.
There is online petition for european ubi, need 1 million people end on 25 june
Ubi would pay for itself in the long run. For example people are less likely going to prison if they know that they're not going to receive their Ubi during the periods of being locked up.
People would have to focus less on survival, which causes many issues in our society. One of the biggest motivations of crime is because of poverty. This doesn't mean all criminal activity is because of poverty but poverty is one of the major reasons why people commit crime.
THERE ARE STRINGS ATTACHED EVERYONE. DON'T BE GULLIBLE. IT'S GOING TO BE A NIGHTMARE. NO UBI.
DO NOT ACCEPT UBI. It's a trap. They're going to get you hooked on it
and then force you to get vaccinated, and multiple other things that are
not their business, if you want to keep your money. Their track record
STRONGLY suggests it's going to be a trap. They've been dangling
entrapment carrots in front of everyone all along. GET OR STAY SELF
SUFFICIENT EVERYONE.
does 100 dollar a month to buy basic food help? it cant solve all financial needs but at least people wont starve.
Comments are closed.