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

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

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.

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.

Nice communication skills..simple but effective

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

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

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

Let's do that!

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!

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.

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.

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.

Halldora Morgensen' 2020!

PERFECT!!! Thanks Halldóra!!!

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

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

Totally agree.

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.

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.

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.

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

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

Interesting

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

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.

How to apply? RSVP

I like all videos

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 RU-vid video: " 97% Owned - Economic Truth documentary - Queuepolitely cut

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. ☝️

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.

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.

You are My Love

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.

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

“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

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!

basically you have to work for free to get free stuff

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?

Yes, but don´t let people live on subsistence money, make it enough and ensure that the unemployment is temporary. Nothing is worse than imprisoning basic income.

Does she wants to be on UBI??

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

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

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

This is the only way forward as a species.

This is Spain will happen in the year 3.000

like

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.

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

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...

👏👏👏👏👏👏👏👏👏👏

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.

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

There is no such thing as a free lunch.

UBI is when society becomes actually moral and economical.

yeh boi is 1st to comment this kind of cancer

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

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

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

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

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

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

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

Over 70 vids in under 24 hours??? No

(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.

Wow 97 silly persons can't believe these ideas!

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?

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.

So... communism?

we will be dead soon?

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.

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

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

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.

She talks but nobody listens.

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..

Bla bla bla.....

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

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

BS

nothing is free.keep dreaming .

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