Basic income: enriching humanity on an individual level | Halldóra Mogensen | TEDxReykjavik

[@Nachrichten420]

It seems that some want to ignore the Word BASIC in Basic Income. Its for your Food, Clothes, Medicine and Shelter. Your BASIC Needs. Not more not less. For your expanded Needs you need still a Job.

[@Syklonus]

Exactly. People seem to think it's some extravagant amount that will let you "live it up". It's rubbish!" It's simply there to prevent you from starving or being homeless. Cars, holidays, booze, games consoles etc. will need a job to pay for them.

[@Syklonus]

@@flethacker Inflation is man made and can be controlled or changed.

[@maartenplug3871]

UBI gives people the power to say no to a job, a very powerful tool.

[@paovang9073]

You're so right. I would love for these people to past ubi through, so I can just stay home or go play.

[@Syklonus]

@@paovang9073 You'd soon get bored. remember, a UBI won't pay for a car or let you go on luxurious holidays. It's there to cover the basics and that's it. For pleasures in life you'll still need to work, only you will have more choice.

[@ArcHelios117]

UBI is also one of the requirments of the incoming NWO...

[@vigialuis1882]

@@Syklonus " pay for a car or let you go on luxurious holidays." You'll get bored without these?

[@Syklonus]

@@vigialuis1882 Those were just two examples, not absolutes for the entire argument. What I mean is that if one does give up his or her job, they will soon crave activity, and that will probably result in either getting a job or starting a business to get extra income, but it will be out of choice and passion rather than need.

[@pkingo1]

Universal Basic Income is the policy of the future. Because money is the means to secure basic dignity, necessities, freedoms, etc. Having a basic income will be recognized as a human right. Moreover it will solve many of the dysfunctions of our society that has tied human value to the artificial measurement of GDP to the expense of many things we humans actually value.

[@tenacious645]

With automation reducing required labor and population rising, there MUST be a shift in the way we see currency.

[@vizeet]

Population is not rising very fast. India is already near replacement rate. In next 20 years world population will start contracting.

[@unknownx7252]

@scott sanger ok Thanos

[@MrMatruskan]

I like the idea that the basic income would change the perception of automation, and people would be more interested in automating and increasing productivity.

[@danielbadra9447]

THE FUTURE OF OUR SOCIETY DEPENDS ON WETHER OR NOT THIS IDEA SPREADS.

[@amitgoyal2025]

Nice communication skills..simple but effective

[@MariaMorales-kr1ps]

Yes! We need Universal Basic Income. Canada must approve the UBI. More people are suffering in poverty, the Rich is becoming more richer, and the poor are getting poorer. No more middle class. PM please help us implement the Basic Income. We needed it now!

[@TheEndevour2010]

UBI is a paradigm shift from the way mankind is walking till now. It’s a hard concept to grab. But I think we as a smart species outlived, controlled and adapted by think proactively. With the automation, either we all could go to a free fall where a group of people will control the entire or almost entire production and resources. For them regular others could be a nuisance. The others will be forced to pick up arms and fight a robot army. This could be a future we or our kids and grand kids have to live thru. Or..... Let’s change in good faith. Allow your neighbors to live a dignified life. Let there be a poverty line which bars anyone from being homeless. Foodless, medical careless. Let there be any bar for people who has the aspirations to learn and create. Give Human the freedom God has given. Let’s all partake in that freedom but not take away the freedom. Allow human spirit to thrive so we all can enjoy a better tomorrow. For all nay sayers who might say what about the lazies amongst us? Answer is we will charm the lazies out with an aspiration gap, a gap they could easily swim across. Let the next phase of humanity be about abundance and brotherliness. May be a new word for a new way.. Aspirationalism - Human mind is only limited to what it can aspire to, let’s bank on it.

[@tmlucatube]

Let's do that!

[@frafor]

The clearest vision ever about UBI, why, who, where! It is possible to speak words full of content, one after the other.

[@EulerCosta]

PERFECT!!! Thanks Halldóra!!!

[@RafaelRoden2024]

This is the only way forward as a species.

[@SC-gp7kt]

Sheeple

[@RadChild13]

Seems like calling the horrors of the sheeple to many times is meaningless.

[@OperationBaboon]

The opposite actually. But it needs some brains to comprehend that.

[@honey412xo6]

Amazing! I hope our race as a whole will evolve enough to understand your point. Great work! Thank you ❤️

[@charleswhite8439]

Halldora Morgensen' 2020!

[@lawerencecollins5471]

Andrew Yang has already explained how UBI money would be spent in local community and would eventually end up back to the government to be issued again and again. Its a no brainer that would help many to live a better and a stress free life.

[@virtualdrudgery]

Cut all welfare programs and minimize military spending to fund this basic income. Everyone is happy.

[@AZN234]

Universal Basic Income concept did not actually came from socialism.. Far from it.. It's a concept closer to capitalism mostly favored by the 1% who hold the most concentration of capital who also desired lesser social safety net costs.. Please see Milton Friedman's explanation of Universal Basic Income.. Universal Basic Income - Brought to you by Soros...

[@larrycarter1192]

Welfare is ingrained in our society deeply. It helps a lot to keep our society going. It's needed to sustain our people to pay their basic bills. No matter it's been corrupted. It's the basis of our society anymore.

[@KungFuChess]

Probably good to first shorten the workweek and pay more as automation starts to take jobs. Then move into UBI when automation fully takes hold.

[@Syklonus]

I'm self-employed and I work a 4 day work week. It's less money, but infinitely better for mental health. Monday is my "buffer day" where I do stuff like housework and prep, and I start working on Tuesday which is just one day off the middle of the week. A UBI would help me a lot and I'd probably work more from having that security.

[@snakeman1998]

Once I started looking into robotic systems, AI, exponential growth and UBI universal basic income (freedom dividend) - it's amazing how many TED Talks there are and how many great minds have researched this and put their information out for everyone to see, hear and read. I now support Andrew Yang for president because he is the candidate that has a vision of what will happen and what is happening. He is forward-thinking on how to go with the future and not being overcome by it

[@deepakshahtx]

Totally agree.

[@thebattler5478]

It's now 2020 and automation is changing the employment landscape at an accelerating rate - there are more and more short-term contract jobs out there. What I'm worried about is the potential slowness of governments to implement UBI - that they will wait until millions of jobs have disappeared before doing anything.

[@hood1148]

absolutely fantastic! Creativity is stifled by greed and competition at every level, furthermore greed and competition are destroying rich culture and the environment - war is a perfect example. This is by far the best ted message ive ever heard

[@SC-gp7kt]

Sheeple

[@colbykuzontkoski3872]

Actually greed and competition = creativity.

[@hood1148]

"actually" no they don't, instead it forces ppl to react aggressively to a situation of desperation. The result is violence and a lack of cooperation. Where as if basic needs were catered for ppl would feel we could trust each other to work together for the common good. Education wouldnt be aimed at producing tax paying clones. Profit wouldnt the main goal of industry and business, instead the main goal would be to improve EVERYONES quality of life - not just the 1%. The whole idea here is Cooperation instead of competition, build your community instead of trying to beat it, work with your neighbours instead of trying to out do them

[@colbykuzontkoski3872]

Greed doesn't "force" anyone to do anything. In which case is someone in desperation greedy? If you are in desperation you will do whatever is needed to survive including working/cooperating with others. There is no evidence that basic income would provide trust, trust is earned through interaction with others. We have no idea of how education would be aimed at all in this case, there is no incentive or motive for it to be anything. There is no reason for the motive of industry to be the quality of everyones life. Would there even be a goal of industry? Who would care? You are taken care of... by someone. Who wold decide who gets what? Who would get more, less? What would be the reason or motivation or need to cooperate? Why wold you care at all about your community what you have what you need? Who now, in our current corrupt system is trying to "beat" their community? There is an unfathomable amount of uncertainty and moral hazard that comes with this idea. We need creative ideas that we can test, see if they work and learn from. We should test things instead of imagining what the result would be without imagining the cost. As I said below this is pure propaganda.

[@hood1148]

you miss the whole point entirely... because the 1% are so greedy it forces the rest of society to compete against each other for survival. Anyway you are obviously more concerned with your own well-being than with the well-being of society as a whole and you dont seem to want to understand that there is a better way to live. So this conversation is pointless

[@davidIboma2]

Stop the printing of money through privet banks and the control of money through private banks step 1

[@JeffreyGillespie]

Private*. A privet is a garden hedge.

[@davidIboma2]

@@JeffreyGillespie thank you!

[@TetraTerezi]

we can lift each other up and support each other. but we can't help each other is we can't be secure financially. we can't be secure financially all at the same time. companies will never hire enough to bring unemployment to nothing. every person who CAN work, cannot have a job at the same time. there isn't enough jobs. and there isn't enough money. we have to work towards bringing everyone up to the same standard, or people will just be lost to poverty.

[@josephrichardson2365]

You would think that we as a society would want to "work" less and enjoy this life, but instead we give ownership and profits to a company when a human's work is replaced and the worker is looked at as now useless when in-fact it was the worker that helped the owner gain a profit to make or purchasr the machine.

[@rosskenney2330]

It's not just the land but the costs of education for their employees,and Evan health care.

[@whykhr]

The real problem is the severe impact of globalization and its effect on how a national currency facilitates the exchange of goods and services. With the correct use of public money creation and local currencies there are millions of jobs that we can create, healthy meaningful jobs like local agriculture, home building and maintenance, infrastructure repair and construction, childcare, care of the aged, vehicle maintenance, community or neighborhood heat, cooling and hot water or CHP, EV conversions, local trade in unwanted household items & small scale job skills like building trades, auto repair, taxi service, food preparation - obvious things that are curiously lacking precisely due to the fact that we are entrapped by global currencies. To have a functioning global currency you need to have goods and services to trade globally. What on earth do impoverished inner city slums or the rust belt, rural communities full of permanently unemployed have to offer on the global marketplace? I will tell you what - nothing - zip, zilch. You might as well go back to gold coins as currency. How are slum dwellers or rural small town with no industry going to earn sufficient gold coins so there can be a functioning local currency? It won't happen. When people get gold coins they will spend them on high value imported goods, electricity, heat, fuel, electronic goods etc. So how do you expect that there will be employment for them in gold coins or the equivalent which is our global currencies, i.e. petrodollars. With globalization we desperately need local currencies for local jobs, and there is an incredible amount trade, goods, jobs that can be done on a local level. The American colonies, each with an economy smaller than a medium sized city, had there own public non-debt based currencies and prospered under the local trade that thereupon resulted. The American revolution began when the British crown ordered all those currencies abolished, forced them to use British coins, which of course were in desperately short supply, and that caused economic collapse leading to the American revolution. It was not about a tax on tea as the elites history propaganda is told to us. The problem is our politicians cater to their ultra-rich globalist masters who are pushing for a fully globalized world economy, including free movement of labor across borders. They despise local economics and could care less about the impoverished bottom 30% of the population. In the globalized economy you can't even tax the bastards in order to transfer some of their incredible wealth to the poverty stricken because they will simply move their assets to another jurisdiction which will trade ethics for some quick petrodollars. Petrodollars that private banks create out of thin air, as a debt, debt money = debt enslavement. Watch the KZbin video: " 97% Owned - Economic Truth documentary - Queuepolitely cut

[@ashishnigam10]

Interesting

[@waqassafdar6948]

How current Economic model can help the needy people in so many places to sustain or do something for themselves. All the economic models have their own benefits. Do they need to do something for the people surviving hardly. ☝️

[@kumarsalib722]

“The welfare state is the oldest con game in the world. First you take people's money away quietly and then you give some of it back to them flamboyantly.” ― Thomas Sowell

[@HaveFunLosingBro]

As long as resources are limited there will be disenfranchised people. When robots make everything for free and we have an abundance of every resource we will have universal income equality. Until then it's impossible.

[@rosskenney2330]

Some people like to be bored at work,because they have other things that take up the rest of their day.

[@williamregister7720]

UBI is when society becomes actually moral and economical.

[@DanyCervantes]

I think the idea (free stuff) always sounds amazing, but there are problems. In a capitalist economy, if a city’s average income rises what keeps people from raising the rent prices, real estate prices, the prices in local shops for food and products, and negating the effect of the universal basic income. Look at what’s happened in San Francisco, and New York City. New York City tried rent control on prices in the eighties, and the owners of the buildings found that it was cheaper to let the buildings fall apart instead of doing repairs. If you look at videos of NYC back then, the City was falling apart. Now it’s very expensive to live in NYC, but the city looks really nice, comparatively. Because of the recent wealth of Silicon Valley, San Francisco became a very expensive city to live in, in a very short time. There’s documentaries on it.

[@Priestofgoddess]

Human necessities for living are things, that should not rely on the free market. Stuff like living, food, energy, health and other things always have toxic effects if they are in private hands, because those privates don't care about the suffering of others only about their profit. A lot of stuff will ne to change in the future, because the free market of capitalism proves again and again that it only serves few.

[@dissolutevoid]

I'm with it!.... Robots do the work and I stay home and eat fries while doing real HUMAN work like.... advertising and marketing, engineering and coding?

[@andersonfabiano3032]

I like all videos

How to apply? RSVP

[@maartenplug3871]

For people who are interested in UBI, look for videos of Rutger Bregman. He is more rational than Halldora. What he says is very evidence-based and convincing.

[@ricardorq366]

If we reduce the 40hours week to 20h the problem is resolved for more 100years, but in the end the UBI will be inevitably.

[@shauncameron8390]

So you're advocating mass genocide? Pol Pot would have been proud of you.

[@EulerCosta]

Julian said it all... This is the only way forward as a species. ... There is no going back...

[@AR-dr1sb]

its not the only way

[@jibjabby9964]

Basic Income is a good idea when we all lose our jobs to A.I. and automation

[@2getheras177]

jibjabby As president, would you wait until we all lose our jobs to implement it?

[@larrycarter1192]

Robots are supposed to serve mankind. Not replace them?

[@larrycarter1192]

Robots are supposed to serve mankind. Not replace them. I need my job more than a robot would?

[@Stonebird13]

basically you have to work for free to get free stuff

[@Syklonus]

Wow, you have completely missed the point! It's not free, it's a fraction of the collective wealth of a nation distributed to make sure everyone is ok. We do it here in the UK and we call it the NHS. A UBI would be based on the same thing.

[@hissendaud653]

You are My Love

[@arthurq7843]

Capitalism is slowing down social and technical progress. Globalization is inevitable and we must unite as a species to regulate, monitor and distribute the wealth of our planet. Dull and repetitive jobs must be automatized as soon as possible so people could spend more time educating themselves. We must upgrade to a new social formation or capitalism would drag us back to pheodalism!

[@pumas2288]

Does she wants to be on UBI??

[@NewEarth25]

Can we take the word income out, unless we add a few hour volunteer work community service for who are able. We need to redefine money itself. see debt capitalism Tikkun

[@kawaii_princess_castle]

This is Spain will happen in the year 3.000

[@alfredoornelas2845]

There is no such thing as a free lunch.

[@JohnHoworth1971]

Wrong.….Humans existed on this planet long before money.....Food is essential for survival so Humans were eating free lunches long before money became involved.

[@markd5067]

The only way this would work is the complete eradication of greed and the hunger for power. It's a pipe dream....but a nice one.

[@TURTLEMMC23]

3 questions 1. How do we regulate people from just having a bunch of kids knowing they will be taken care of? 2. What stops me as a home/ business owner from raising the price of rent/goods knowing the tenant/customer will get that money for sure? 3. If the government forces a set price for a certain good, that will cause a business owner to close up shop when it becomes unsustainable. Will the government take control of that means of production? The first one will cause a compound effect on the second. And when businesses, and owners react in the only economically viable way. It will cause a bottle neck of resources. Don't get me wrong, love the idea. I just don't want to blindly follow and fall short of success.

[@TURTLEMMC23]

blabla blabla Thanks for a good response. What are your thoughts on Milton Friedman's Negative income tax vs ubi ?

[@Tropicool]

Worthy people would get paid for their ideas funded by the foreign work of machines.

[@OperationBaboon]

sure... and once you get back to reality, let's talk.

[@40intrek]

Where's the satisfaction and gratification of earning things for yourself. Face it, there will always be Greed & Hunger to offset the truth.

[@1-Random-Subscriber]

👏👏👏👏👏👏👏👏👏👏

[@marinomazzei6242]

(unless you are TRULY incapable of providing for yourself) If you don't work, you don't eat. Period. Call it "heartless" if you want, but it's the closest thing to fairness than a universal income will ever get.

[@katiestolealltheunicorns9309]

Marino Mazzei I think it's a misunderstanding to think that being given a basic amount of money means you're not going to work. People want to work because work contributes to making life meaningful. Not having to worry as much about getting shelter and food means that people will be able to focus on giving back to the world and contributing in a meaningful way, instead of just our own individual survival. Humanity doesn't have to suffer as much as it does.

[@DerekWilliamsMusic]

Marion Mazzei - You don't understand the underlying issue, which is that ALL jobs will be taken over by robots by the end of this century, if not sooner. You won't HAVE a job, because there won't be any.

[@AtheistEve]

Marino Mazzei Even in the earliest iterations of civilization, people grouped together as communities to support one another. UBI is just more of the same.

[@KungFuChess]

The standard 40hr work week is the problem. You could bring that down to 20-25 a week and pay more and hand out more jobs at the same time and still be as productive.

[@DerekWilliamsMusic]

KungFuChess - bring it down to zero hours, have machines do the work with free energy from the Sun, and then follow your dreams.

[@ski34able]

like

[@MikeEnderle]

And when you run out of everyone else's money? And to your question what would I do without having to work and guaranteed basic income? Nothing. That's what most do despite all the promises to persue greatness. I probably would too. Why settle for mediocre? This phone you watch this video on, Iceland's income (tourism), nearly all great advancement in science, capitalism. Your perfect socialist countries were waiting 17 years for a car. What good is that guaranteed basic income when you can't find products to buy? Crunch the numbers and open a history book. Your socialist world (when it didn't end in genocide) simply didn't work. None of what she says is new...

[@SuperAtheist]

a basic income wont do us any good if the dollar has no value.

[@madhavarao]

@blabla blabla Dollar lost 98% of it's value since 1913.

[@madhavarao]

There isn't a single fiat currency which hasn't hyper inflated.

[@DerekWilliamsMusic]

SuperAtheist - No need for currency, just deliver the goods.

[@SuperAtheist]

Okay. What goods will you deliver to me for nothing?

[@DerekWilliamsMusic]

SuperAtheist - You have to deconstruct the way you currently think of supply and demand. Businesses will always try and remove unreliable, high cost items from their operations, and the most costly and least reliable component is human beings. Banks are nearing the point where they'll be able to dispense with human employees entirely, as are supermarkets and online trading companies like Amazon. Let's assume therefore (because it will happen) that 100% of all jobs are taken over by robots, and this includes teaching being replaced by online courses, medicine and surgery being carried out by robots, and all public services like road repairs, architecture, fire services and so forth, even the military (if it's still needed). This means that there is 100% unemployment, so in theory no customers with money to buy the goods and services being provided by these robots. The short term solution is for the government to tax the robot at a comparable rate to what it was taxing the human being that the robot replaced. The longer term solution is to remove the profit motive entirely, and design the network so it is self sustaining. The entire network requires energy to run. So long as you can supply energy, then all the machines will work, programming themselves and repairing themselves with zero human input required. And that is the free part - energy, which we get for nothing from the sun. What kind of society that leaves is another question, but it'll probably be one of people who are freed from the drudgery of working merely to survive, and finally able to live their dream, designing architecture for the joy of it, playing sport, music, painting, growing your own vegetables because you WANT to, not because you are forced to.

[@mememyselfandi7958]

The legacy of the Puritans continues, otherwise, this idea would be seen to be simple common sense.

[@EmpressLilith222]

Over 70 vids in under 24 hours??? No

[@Panwere36]

A wonderful idea.. but there will always be a way to abuse it.

[@antoniosorlozano7469]

Wow 97 silly persons can't believe these ideas!

[@kumarsalib722]

Ad hominem doesn't win arguments.

[@bigjamal5229]

yeh boi is 1st to comment this kind of cancer

[@reyh9894]

we will be dead soon?

[@larrycarter1192]

She talks but nobody listens.

[@KonniWynn]

So... communism?

[@marcscordato4385]

She is very intelligent, likable and eloquent but her premise is deeply flawed.

[@OperationBaboon]

not a valid argument. i suspect you do not comprehend the premise to start with. try again.

[@kennorthunder2428]

Unrealistic. You don't learn from failure unless there is an existential threat.

[@abz998]

Ken Nrlndr Ditto Sure we'll have some more creative people with more time but society as a whole will end up stagnant.

[@abz998]

blabla blabla School tests feel like existential risks to students. If you fail it also effects your future options and livelihood.

[@kennorthunder2428]

The failed test in school is different than striking out in entrepreneurial way. However I agree with you that it does have consequences if you are not qualified for a job. If you have a guaranteed minimum income then you have a guaranteed soft-landing which in turn guarantees not being driven enough to succeed

[@abz998]

blabla blabla We are biologically programmed to avoid suffering unless it aids us in survival or passing on our genes. If there is no threat to our livelihood then most of us wouldn't go through the stress those activities incur. A huge chunk of us might take up free further education or learn a new skill but I doubt more than a fraction of the same number will actually end up completing their course or apprenticeship.

[@coreywiley3981]

Nah that is not true...A soft landing will help a person stay healthy, have time to explore other options and find their own niche, time to cultivate other skills rather than being forced by desperate looming terror to do anything to survive.

[@firerabbit811]

Who would work at a fast food restaurant if they got money for free??

[@Syklonus]

McDonald's have already fully automated a few of their stores (seriously look it up) and that number is only going to get bigger. The question should be "What are we going to do with all the people who CAN'T work at fast food stores any more?"

[@olsparkywisenheimer8239]

You lost me at universal basic income.. We're near 20 trillion in debt without it. Where would we be with a universal income ? Who's gonna pay for it ? I have the "unique opportunity" to work 80 hrs a week in the business I started with near nothing.. You too have that same opportunity. Don't blame others if you don't go for it..

[@whykhr]

Debt is money. All money is debt (except for coins oddly enough). We have a privately owned, privately controlled debt money system. No debt = no money and the economy would immediately collapse. One problem is to pay interest on that debt means you need an ever expanding level of debt, more debt must be created in order to pay the interest on the debt that currently exists. That is not a rational way to generate a nations money supply. Watch the KZbin video: " 97% Owned - Economic Truth documentary - Queuepolitely cut

[@olsparkywisenheimer8239]

W Ghost The "greed phenomenon" ? You mean the concept that built the greatest country on earth in under 250 years ? Can I assume you think expecting a wage for making no contribution to society isn't greedy right ?

[@olsparkywisenheimer8239]

stefanos2691 So who pays for these robots and factories ? Who owns the buildings ? Who buys materials and services the equipment ? Who manages the money and decides who gets paid what ? It's either private business, or government. If it's private business the 1% get richer. If it's government then you're trusting folks that spent trillions on pork, lined their own pockets, blew our SS money, and haven't proven the ability to run anything efficiently. Do rich people get these payments too as their "fair share" ? If not then it's not equal. Who decides how much each person gets ? How does killing the incentive for innovation benefit anyone ? This notion that you'll work hard for the "greater good" is nonsense. Cut your neighbors grass lately, or just your own ? This utopia you all speak of sounds a lot like a communist dictatorship to me. The last time I checked those folks didn't look happy or free. Nevermind the body count in their wake. From each according to his abilities, to each according to his needs ? Why do some constantly try to reinvent socialism ? They never consider why it's always failed..

[@olsparkywisenheimer8239]

whykhr Thank you I'll check out that video..

[@olsparkywisenheimer8239]

stefanos2691 So who runs our fictitious robotic factories, and who controls the income thats supposed to go to a universal income ?

[@KrunoslavStifter]

Anytime there is free something, people will spend energy to get more of this free stuff, rather than give back to community, unless its a cultural value to do so. This all sounds noble, but I am highly skeptical of how realistic it is. And with regressive social justice warriors on every corner and feminists, I doubt there will be basic income for everyone. As we have seen in some countries, the minorities are favored and so they take advantage of it. Off course money has to come from someplace, so minorities tend to play their card, and those that got rich don't want to share, because that would make them well.... less rich off course. The more honest, hard working you are the more they take away from you and give it to those that whine the most or have political leverage. Also didn't we see 2008-2011 Icelandic financial crisis, that seems like those that can will, the rest be damned. Unless we have cultural values that are about contributing to community, people will be well... people and so idealism gets rude awaking from reality. Yes some of the Icelandic Pirate Party I can agree on, but unless culture changes, they seem very unlikely. And the other parties won't go down without a fight. Only thing that can make it possible is fundamental change in culture, where values of contribution to community is shared by its people. For Iceland to do that, they would have to not let any "refugees" and other into their land, and protect the culture. But also this means less prosperous economy, being such smaller country and so that brings me back to the problems that lead to 2008-2011 Icelandic financial crisis. Outside influence on the political and financial level, from banks and companies that are looking to exploit the land and its natural resources, but not give back to the people. Until someone convinces me of a solution to that dilemma, I remain very skeptical of the proposition of basic income and its benefits.

[@woblodmailliw]

And lazy people with no ambition? Educationally limited people who don't know how to do much? Nobody has to work, free money! Sounds absolutely horrible

[@felipecoelho6570]

Bill Dolbow free money directly from mr. God's hands. i mean wtf

How does the current system help those people? And why is it any of your business what they do or don't do with the money? Why aren't you asking the rich what they've done with their trust funds & inheritances, shouldn't they also be held accountable & penalized for hoarding wealth in offshore tax havens? Why not force them to work to deserve their wealth? Why not force them to have means testing for their tax breaks?

[@raindrop3558]

BS

[@antman1672]

Providing free stuff to people surely won't radically destroy the incentive structures causing the further destruction of society and even more reliance on government to survive.

[@DerekWilliamsMusic]

Ant Man - ALL existing jobs will be replaced by robots. If there is no UBI then everyone will starve to death.

[@antman1672]

And when all existing jobs are replaced by robots, we'll have evolved into a post scarcity society. We'll easily be able to set up a new economy to meet our needs with an AI controlled distribution of resources, we wouldn't need money anymore.

[@felipecoelho6570]

Ant Man lol

[@felipecoelho6570]

Darth Maal please dont have the pretension that you already have everything figured out, its obnoxious

[@MimiDidi121]

Have you been to an inner city and see what generational poverty caused by welfare has done?

[@pioterhejdysz868]

Hey you, woman from the TEDtalk...give me some money, please...oh yeah, you prefer money printing.

[@4lugan]

Bla bla bla.....

[@markclark4986]

So if you hand out say $30,000 a year to every person in the USA, you don't think that will cause massive inflation? A giant pool of newly printed money floating around will have no bearing on prices? Businesses won't simply raise their prices to meet this new money supply because...reasons? Also, this sounds a lot like, "To each according to need, from each according to ability." Hmm, where have I heard that before?

[@toryz3781]

But I disagree. If we have universal income prices would skyrocket and then what could that income afford? It would plateau and businesses would price their products in a way that would force us to work and create the same thing we have now. Having to make ends meat to afford the basics. There needs to be control on pricing of items if you want to implement basic income. It's no different than increase in minimum wage.

[@OperationBaboon]

not how it works. personal incredulity is not a valid argument. you first need to understand the premise before you can engage in a debate; you clearly do not. i suggest books.

[@KingOfDowntown19]

The economy is relying on demand from consumers. When only a few can afford to buy beer then the beer industry will collapse. Its in their favor to price their products appropriately.

[@miguel.santiago.98]

If you believe in basic income, do it yourself. Give all your money to other people and just let who doesn't agree with this non sense live their lives freely. Didn't expect this coming from TED

[@kumarsalib722]

No, she isn't advocating charity, she's advocating forced wealth redistribution.

[@sichverteidigen]

nothing is free.keep dreaming .

[@treet2888]

Icelandic women are freaking hot....(not talking about this one)

[@felipecoelho6570]

Since1989 even though she looks like she had just gotten out of a sauna, i still find her to be peculiarly attractive. ok maybe girls sweating gives me a hard on. well. im leaving