The idea of providing everyone with an unconditional “basic income” is a popular topic these days – though it’s clearly not a new idea. I know many people today who think it is positively inevitable. At some point in the foreseeable future, inequality will reach such extreme levels that we will discover the need to give everyone free money, without any strings attached to it.
Below is a TEDx talk by Rutger Bregman where he explains why this is what we should be doing. One of his examples is a study that was done in London where they gave a group of homeless people free money. What they discovered was that they didn’t just go out and buy alcohol and drugs, which is what some of you may be thinking. They did positive things with it. They became empowered.
If you can’t see the video below, click here.