A Basic Income for All?
Business Daily
BBC
4.4 • 816 Ratings
🗓️ 26 April 2017
⏱️ 17 minutes
🧾️ Download transcript
Summary
Social scientists, technologists, and politicians from across the political spectrum think they have a potential solution to the unemployment that automation and artificial intelligence are expected to create. It's called a universal basic income. And it involves getting the state to pay a fixed sum to all of its citizens, whether or not they have a job. The Canadian province of Ontario has become the latest to announce a trial - for 4,000 households.
We hear from Finland where a basic income pilot project is already underway. And Manuela Saragosa talks to Guy Standing, co- founder and co-president of the Basic Income Earth Network - who is advising a number of pilot projects around the world.
(Picture: Five pound sterling note, London 2017. Credit: DANIEL LEAL-OLIVAS/AFP/Getty Images)
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hello and welcome to Business Daily from the BBC with me, Manuela Saragossa. |
| 0:09.6 | Coming up, imagine if all governments paid everyone a basic income. |
| 0:13.9 | It's not hard to do. |
| 0:15.2 | The best part is that it gives you security. |
| 0:17.6 | You can try something different. |
| 0:19.9 | Start your own enterprise, take training. You still |
| 0:22.7 | got some money, still got the basic income. That's in Finland, but now the Canadian province of |
| 0:28.3 | Ontario has become the latest authority to pilot a basic income for all. We'll hear why some |
| 0:34.2 | believe it's a panacea for poverty and the rise of temporary workers. |
| 0:38.5 | The income distribution system of the 20th century has broken down. |
| 0:43.2 | Even if you get near full employment and quite rapid economic growth, |
| 0:48.8 | the wages of the precaria stay stagnant. |
| 0:52.6 | That's all here in Business Daily from the BBC. |
| 0:57.4 | It sounds somewhat utopian, but social scientists, technologists and politicians from across |
| 1:03.5 | the political spectrum think they have a potential solution to the unemployment that automation |
| 1:08.5 | and artificial intelligence are expected to create. |
| 1:11.9 | It's called a universal basic income, and it involves getting the state to pay a fixed sum to all its citizens, |
| 1:19.9 | regardless of whether they have a job or not. This week, the Canadian province of Ontario |
| 1:24.3 | became the latest authority to trial a basic income with 4,000 households. |
| 1:30.1 | Kathleen Wynne is the province's premier. |
| 1:32.7 | The changing nature of work is leaving some people vulnerable. |
| 1:37.3 | They're working contract to contract or they're otherwise dealing with an unstable or precarious work |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from BBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of BBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

