The case for free, universal basic services | Aaron Bastani
Jan 20, 2023
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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.
Several crises are set to define the next century -- but journalist Aaron Bastani believes we have the technological ability to meet our biggest challenges and create unprecedented levels of prosperity for all. He shows how we could get there by ditching capitalism as the world's economic operating system and adopting "universal basic services," where governments would freely provide life essentials like housing, health care, education and transport. (Followed by Q&A with head of TED Chris Anderson and public finance expert Maja Bosnic)