Basic Income and other ways to fix capitalism

2015-09-20 00:00:00

IEET Contributor Federico Pistono is teaching an online course on Technological Unemployment and Basic Income. This is a recent TEDX talk of his.





A few years ago, those who warned us about the risks of technological unemployment were labelled as luddites, crazy, or techno-pessimists. Now some of the greatest economists agree that automation poses a serious threat to the economy, with jobs disappearing and inequality on the rise. Today, those proposing radically new ideas to deal with this problem are being called crazy and idealistic. Old ideologies are outdated in the face of exponential change; we need to embrace a more holistic and adaptive system. I believe experiments with unconditional basic income, coupled with the utilization of crypto currencies and blockchain-based technologies, will help us find the answers.

IEET Contributor Federico Pistono is teaching an online course on Technological Unemployment and Basic Income. This is a recent TEDX talk of his.





A few years ago, those who warned us about the risks of technological unemployment were labelled as luddites, crazy, or techno-pessimists. Now some of the greatest economists agree that automation poses a serious threat to the economy, with jobs disappearing and inequality on the rise. Today, those proposing radically new ideas to deal with this problem are being called crazy and idealistic. Old ideologies are outdated in the face of exponential change; we need to embrace a more holistic and adaptive system. I believe experiments with unconditional basic income, coupled with the utilization of crypto currencies and blockchain-based technologies, will help us find the answers.

https://youtu.be/sc1Gbdy92uY