Can universal basic income fix a crisis thats already begun , Big Think
Can universal basic income fix a crisis that s already begun Watch the newest video from Big Think: Learn skills from the world s top minds at Big Think Edge: The COVID19 pandemic has thrown millions of Americans into unemployment, highlighting the impracticality of living paycheck to paycheck, which a shocking number of Americans must do. Yet pandemic unemployment is just a glimpse of the fallout the US can expect in a future where more and more jobs are automated. Is universal basic income the answer In this video, a range of experts from economists to entrepreneurs and historians explore different facets of basic income, like why we need it, how it s different to welfare, and how we ll pay for it. Yanis Varoufakis, Greece s former Minister of Finance, explains why he s not in favor of a UBI tax, but rather the creation o
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