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GZERO World with Ian Bremmer

Is Modern Society Broken? Views From The LSE’s Minouche Shafik

GZERO World with Ian Bremmer

GZERO Media

International Relations, Government, Foreign Policy, Gzero World, News Commentary, Trump, News, Global Economy, Geopolitics, Politics, Ian Bremmer

4.6684 Ratings

🗓️ 29 May 2021

⏱️ 29 minutes

🧾️ Download transcript

Summary

It was an ongoing question before the pandemic, but coronavirus has made it all the more urgent. With global inequality and extreme poverty on the rise, how do we patch up the many holes in the world's social safety nets? The idea of governments providing all adults with a set amount of cash on a regular basis, no strings attached, is gaining attention worldwide — especially given the need to expand post-pandemic social safety nets. But for London School of Economics Director Minouche Shafik, universal basic income "is like giving up on people." Shafik speaks with Ian Bremmer on the GZERO World Podcast.

Transcript

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0:00.0

You know, basic income is like giving up on people.

0:02.5

It's like saying you have nothing to contribute to society,

0:05.3

so we're just going to pay you to do nothing.

0:07.6

And I don't believe that.

0:08.9

I believe everyone has something to contribute.

0:13.9

Hello and welcome to the GZero World Podcast.

0:17.1

Here you'll find extended versions of the interviews from my show on public television.

0:22.1

I'm Ian Bremmer, and today I'm asking a big question.

0:26.2

If life for billions of people around the globe is measurably better today than it was just a few decades ago,

0:33.2

why are so many people so unhappy?

0:36.7

In the past 50 years, there have been huge gains in technology,

0:40.9

extreme poverty eradication, healthcare, and life expectancy.

0:45.1

But in a 2019 survey of people from the United States,

0:48.5

China, India, and Europe, four out of five

0:51.6

said that the system isn't working for them.

0:55.0

My guest today believes it's time for a reset on what we should expect from our governments and our communities.

1:02.0

I'm talking to Manus Shafic. She's director of the London School of Economics and author of the new book, What We Owee Each Other, a New Social Contract for a Better Society.

1:13.3

Let's get to it.

1:19.6

The G0 World podcast is brought to you by our founding sponsor, First Republic.

1:24.8

First Republic, a private bank and wealth management company, places clients' needs

1:29.2

first by providing responsive, relevant, and customized solutions. Visit firstrepublic.com to learn more.

1:37.1

This podcast is also brought to you by Walmart. We all depend on a healthy planet. That's why

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