What would happen if the government just gave everyone money?
That's the idea of Universal Basic Income, and it's an idea that has supporters from all across the political spectrum.
In today's episode we cover:
- ✍ History of Universal Basic Income
- 🤖 Are the robots coming?
- 💸 Who should get the money?
- 💰 Who should pay for it?
- 👏 Who supports Universal Basic Income?
- 👍 Advantages of Universal Basic Income
- 👎 Disadvantages of Universal Basic Income
- 🇫🇮 The experiment in Finland - what happens when you give 2,000 people €560 a month?
- 🇱🇷 The experiment in Liberia - what happens when you give alcoholics and drug addicts money?
- ❓ Future of Universal Basic Income
Key vocabulary: Traction, Entrepreneurs, Programmers, Shareholders, Counteract, Bureaucracy, Poverty line, Corporations, Majority, Shareholdings, Spectrum, Libertarians, Pushing for, Proponent, Signature, Regardless, Neoliberal, Top-up, Extensively, Outcomes, Outspoken, Widespread, Adoption, Touched on, Dishing out, Assessing, Better off, Vehemently, Handing out, Implementing, Factor in, Welfare, Backsides, Handout, Incentive, Vicious cycle, Inflation, Get by, Vicious circle, Subsistence, Counter argument, Persuasive, Deemed, Compelling
Full transcript and key vocabulary available on the website www.leonardoenglish.com/podcasts/universal-basic-income
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