Summary of Income Without Work

The Future of Work Summit

The Atlantic, more...

Watch the video

Income Without Work summary
A universal basic income can ensure that all people thrive when machines eliminate work.

Rating

8 Overall

9 Importance

10 Innovation

6 Style

Recommendation

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
  • How a universal basic income can offset the negative fallout and extend income security to all
 

Summary

“If you give a man a fish, he eats for a day. If you teach a man to fish, he eats for life.” This ancient adage teaches the principle of alleviating poverty through self-sufficiency. But the age of automation puts a new spin on this maxim: “If you build a robot to fish, do all men starve or do all men...
Get the key points from this video in less than 10 minutes. Learn more about our products or log in

About the Speakers

Writer Scott Santens advocates for a universal basic income. Steve Clemons is an editor at large for The Atlantic.


Comment on this summary

More on this topic

Customers who read this summary also read

More by category