John McDonnell and Ed Miliband call for a re-investigation into Universal Basic Income

The video discusses the concept of basic income, highlighting its emergence as a significant policy consideration. It critiques current means-tested systems for being dehumanizing and emphasizes the need for reform. The benefits of basic income, such as improved well-being and reduced stress, are explored. The video also addresses philosophical and practical aspects, advocating for greater freedom and security for all. Finally, it tackles objections to basic income, including moral and cost concerns, and presents counterarguments to these points.

What has contributed to the recent interest in basic income?

• A lack of interest in economic reform

• A growing dissatisfaction with the current system

• The success of the current means-tested system

• A decrease in poverty levels

Which of the following is a reported benefit of basic income?

• Increased stress levels

• Decreased trust in politicians

• Improved well-being and health

• Higher unemployment rates

How is basic income described in terms of addressing people's needs?

• A theoretical concept with no practical application

• A pragmatic project focused on basic needs

• An outdated economic model

• A temporary solution to economic issues

What is one of the moral arguments in favor of basic income?

• It reduces individual freedom

• It increases government control over citizens

• It is a form of citizen's share in national wealth

• It encourages people to work less

What have most pilots of basic income shown regarding work motivation?

• A complete shift to part-time work

• An increase in unemployment rates

• No major change in work motivation

• A significant decrease in willingness to work