Economic Update: Beyond Universal Basic Income

Length

00:29:30

Producer

Daniel Niswander

Category

Informational Talk Show

Comments

S9 E13 Beyond Universal Basic Income On this week's show Prof. Wolff presents an in-depth analysis of UBI shows its advantages over most welfare, safety net systems. An even better alternative would avoid capitalism's unnecessary production of unemployment because it utilizes technical progress (rising productivity) for profits. The alternative benefits workers' leisure rather than profits. It is more democratic and avoids splitting people into unemployed vs employed, non-poor vs poor population.