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To the Point

Money for Nothin’ -- the Case for Universal Basic Income

To the Point

KCRW

News

4.4583 Ratings

🗓️ 5 July 2016

⏱️ 54 minutes

🧾️ Download transcript

Summary

Universal Basic Income -- ­­ It's an idea people on both the Left and Right have kicked around for decades. But it has newfound currency because of the gig economy and automation replacing workers. We’ll hear the pros and cons of Uncle Sam cutting everyone a check.

Transcript

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0:00.0

Podcast.

0:03.1

Listen to the organist, the culturally omnivorous, intellectually ravenous podcast from the editors of the Believer magazine.

0:10.0

Part of poetry is learning how to speak.

0:13.6

Chili Billy.

0:15.8

I am also a horse.

0:17.4

I really value my life, even though I know it's debatable whether I'm even really alive.

0:22.6

The right reading for this is the one I'm giving it.

0:25.4

Find the organism on KCRW.com or wherever you download podcasts.

0:30.6

From KCRW in Santa Monica and PRI, Public Radio International, this is To the Point.

0:38.8

Money for nothing? The case for universal basic income.

0:46.0

I'm Barbara Bogave, sitting in for Warren Alney, and this is To the Point from Public Radio International.

0:51.2

Food stamps, housing vouchers, unemployment, their mainstays of the American

0:55.0

safety net. But as technology and unpredictable freelance economy eat away at wages, more people

1:01.1

fall through the gaps. Now both liberals and conservatives are taking a new look at an old idea,

1:06.5

giving every American a basic income, just enough to help them help themselves,

1:14.1

and scrapping some or all of the costly government benefits.

1:17.6

$10,000 in every pot, would it make a difference?

1:20.1

We'll hear the debate and look at overseas experiments.

1:25.5

And on today's talking point, should border agents patrol foreigners' social media accounts?

1:32.3

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1:36.1

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1:41.5

Go to KCRW.com slash news 24, or you can listen on KCRW's app.

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