In June 2016, the Swiss rejected a proposal to be the first nation to introduce a universal basic income, an idea that received little public or political support. But at a time when machines are vanquishing human labor, the introduction of a universal basic income may eventually prove necessary, and microexperiments in basic income are cropping up globally. In conversation with journalist Steve Clemons, writer Scott Santens describes his personal pursuit of a basic income and discusses ways to scale the model. While Santens’s findings may disturb those who recoil at the idea of socialism, getAbstract applauds his innovative approach to investigating solutions to a pending problem.
In this summary, you will learn
- How machines will eliminate many types of work and
- How a universal basic income can offset the negative fallout and extend income security to all.