Universal Basic Income
Thinking Allowed
BBC
4.4 • 997 Ratings
🗓️ 2 May 2018
⏱️ 29 minutes
🧾️ Download transcript
Summary
Universal Basic Income: Laurie Taylor asks if it's the answer to an increasingly precarious job landscape. Could it bring greater financial freedom for women, tackle the issue of unpaid but essential work, cut poverty and promote greater choice? Or is it a dead-end utopian ideal that distracts from more practical and cost-effective solutions? He's joined by Stewart Lansley, Visiting Fellow at the School of Policy Studies, University of Bristol and editor of a new book which shares research and insights from a variety of nations including India and Finland; John Rentoul, Visiting Professor at King's College, London and Ursula Huws, Professor of Labour and Globalisation at the University of Hertfordshire Business School
Producer: Jayne Egerton.
Transcript
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| 0:00.0 | Take some time for yourself with soothing classical music from the mindful mix, the Science of |
| 0:07.0 | Happiness Podcast. |
| 0:08.0 | For the last 20 years I've dedicated my career to exploring the science of living a happier more meaningful life and I want |
| 0:14.4 | to share that science with you. |
| 0:16.1 | And just one thing, deep calm with Michael Mosley. |
| 0:19.4 | I want to help you tap in to your hidden relaxation response system and open the door to that |
| 0:25.4 | calmer place within. Listen on BBC Sounds. |
| 0:30.3 | How might one react to the idea that every single individual in the country should be paid a tax-free, unconditional, non-contributary weekly income irrespective of how much they earn. Find out. Hello, as I remember my fifth form Catholic school days were rather less dominated by |
| 1:02.0 | theology than by the need to find enough cash to buy five |
| 1:06.3 | woodbines. That's why Jim's scheme had such an instant appeal. |
| 1:11.1 | Look all we do, Laurie, he said, is we go around the playground at break and we ask dozens |
| 1:15.6 | of the smaller boys if they could spare a hate me, just a hate me. |
| 1:19.0 | I mean, they'll hardly miss that and I reckon we could easily rake enough in a single playtime to buy 20 senior |
| 1:25.0 | service. |
| 1:26.0 | Well, financial schemes of all kinds often introduce themselves with such beguiling prospects |
| 1:31.5 | with the promise that everyone will benefit there'll be no real losers. |
| 1:35.5 | Which is why I found myself remembering Jim's playground plan when I first heard about the concept |
| 1:40.2 | of basic income, the idea that every single individual in the country would be |
| 1:44.9 | paid a tax-free unconditional non-contributary weekly income irrespective of how |
| 1:49.7 | much they earned an income of say well 8,500 pounds a year and how could that be afforded |
| 1:55.8 | simple again like taking hapless from a junior abolish practically all existing |
| 2:00.4 | benefits and increase the rate of income tax for everyone. |
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