A Global Look at Universal Basic Income With Karl Widerquist
- A Global Look at Universal Basic Income With Karl Widerquist
How plausible is the movement for universal basic income (UBI) in today’s political climate? Is it a form of communism, as its critics paint it, or is it not just a practical response to the coming disappearance of many jobs due to automation? How can we test the idea of UBI in order to convince the skeptics? And what about claims that this is a huge expense that will just give money to undeserving people?
Karl Widerquist, professor of philosophy at Georgetown University in Qatar and Graduate Center Economics Ph.D. alumnus, talks about the current state of the worldwide universal basic income movement. He discusses developments around the world that provide insight into how feasible UBI would be if it were applied in an entire society. Lastly, he discusses common criticisms of UBI, such as the challenge of popular acceptance of such an idea, its practical plausibility, and the fiscal implications of providing a guaranteed minimum income to all citizens. In conversation with Graduate Center Professor John Torpey, director of the Ralph Bunche Institute for International Studies.
Subscribe to International Horizons on Soundcloud, Spotify, and Apple Podcasts. Read the transcript of this episode.
Submitted on: MAR 29, 2021
Category: Economics | International Horizons | Ralph Bunche Institute for International Studies