The colossal problem with universal basic income | Douglas Rushkoff | Big Think

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The colossal problem with universal basic income New videos DAILY: https://bigth.ink Join Big Think Edge for exclusive video lessons from top thinkers and doers: https://bigth.ink/Edge ---------------------------------------------------------------------------------- Universal basic income is a band-aid solution that will not solve wealth inequality, says Rushkoff. Funneling money to the 99% perpetuates their roles as consumers, pumping money straight back up to the 1% at the top of the pyramid. Rushkoff suggests universal basic assets instead, so that the people at the bottom of the pyramid can own some means of production and participate in the profits of mega-rich companies. ---------------------------------------------------------------------------------- DOUGLAS RUSHKOFF: Douglas Rushkoff is the host of the Team Human podcast and a professor of digital economics at CUNY/Queens. He is also the author of a dozen bestselling books on media, technology, and culture, including, Present Shock, Program or Be Programmed, Media Virus, and Team Human, the last of which is his latest work. ---------------------------------------------------------------------------------- TRANSCRIPT: DOUGLAS RUSHKOFF: For a long time I was a fan of universal basic income. And the logic I had was that I always hear politicians talking about, 'Let's create jobs for people. That's what we need is jobs, more jobs,' as if that's what's going to solve the economic problem. So the government is suppose

Published 2019-03-22 · Watch on YouTube ↗
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