Economic Update: Beyond Universal Basic Income

Video Description

Check out our latest book with Richard Wolff: "The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself" released in September 2020. https://www.democracyatwork.info/books We make it a point to provide the show free of ads. Please consider supporting our work. Become an EU patron on Patreon: https://www.patreon.com/economicupdate S9 E13 Beyond Universal Basic Income On this week's show Prof. Wolff presents an in-depth analysis of UBI shows its advantages over most welfare, safety net systems. An even better alternative would avoid capitalism's unnecessary production of unemployment because it utilizes technical progress (rising productivity) for profits. The alternative benefits workers' leisure rather than profits. It is more democratic and avoids splitting people into unemployed vs employed, non-poor vs poor population. Read the full episode transcript: https://www.democracyatwork.info/eu_beyond_ubi _______________________________________________________________________________________ Learn more about Prof Wolff's new book, "The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself" released in September 2020. Available as a paperback now! www.democracyatwork.info/books "Richard Wolff in his new book examines frightening and anti-democratic configurations of corporate power, offering not only a blueprint for how we got here, but a plan for how we will rescue ourselves and create new models of economic and political justice.” - Chris Hedges Check out Prof. Wolff's other books "Understanding Socialism" and "Understanding Marxism" http://www.lulu.com/spotlight/democracyatwork _________________________________________________________________________________________ Follow us ONLINE: Patreon: https://www.patreon.com/economicupdate Websites: http://www.democracyatwork.info/economicupdate http://www.rdwolff.com Facebook: http://www.facebook.com/EconomicUpdate http://www.facebook.com/RichardDWolff http://www.facebook.com/DemocracyatWrk Twitter: http://twitter.com/profwolff http://twitter.com/democracyatwrk Instagram: http://instagram.com/democracyatwrk Subscribe to our podcast: http://economicupdate.libsyn.com Shop our Store: http://bit.ly/2JkxIfy Prof. Wolff's books with d@w: "Understanding Socialism" and "Understanding Marxism" http://www.lulu.com/spotlight/democracyatwork