TED Talks Daily The case for free, universal basic services | Aaron Bastani
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Jan 20, 2023 In this engaging discussion, journalist Aaron Bastani, author of "Fully Automated Luxury Communism," argues for a revolutionary shift in how we approach economic systems. He passionately advocates for universal basic services that provide essential needs like housing and healthcare for free. Bastani critiques capitalism's shortcomings and suggests that technology can help us overcome inequality and create a more prosperous future. He highlights the urgent need for stability in housing and public health, shifting the focus from income to comprehensive support.
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London Rent Struggles
- Aaron Bastani, a self-described socialist, shares his experience of frequent moves due to rising rent in London.
- This personal struggle highlighted the impact of economic hardship on self-determination.
Liberty Requires Resources
- While individual liberty is paramount, it's often constrained by lack of resources.
- Bastani argues that state intervention is necessary to ensure equal access to essential services.
Capitalism's Shortcomings
- Bastani presents data on increasing food stamp usage in the US and low savings in the UK as evidence of economic shortcomings.
- He also highlights the declining global growth rate, challenging capitalism's claim of prosperity.
