Saturday, October 21, 2017

Basic Income - Free Money






 Is unconditional basic income the future of our social security system? Many initiatives testing this "Free money" concept are being implemented around the world. Around the globe, experiments are conducted with alternatives for the existing social security system that has become stuck. People no longer believe in centrally organised long-term planning: change can only be brought about by bottom-up small-scale social experiments. Advocates of redistributing our prosperity and disconnecting work and income are fighting for this. In many places and using many different methods they are experimenting with handing out free money. Michael Bohmeyer, a young German, has started a crowdfunding campaign for an unconditional basic income. With every 12,000 euros raised, one person gets an income of 1000 euros per month for a year. So far, eight people have been receiving this basic income. VPRO Backlight talks about the need for social security experiments to give people the opportunity to make the most of their own talents and qualities. Featuring: Guy Standing (economist, UK), Matthias Gijsbertsen (alderman for Social Affairs, Groningen), Albert Wenger (venture investor, New York) and Michael Bohmeyer (IT entrepreneur, Germany).












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