Natalie Foster of the Aspen Institute hosts a conversation with Andy Stern, author of Raising the Floor, and Elizabeth Rhodes, who is heading up Y Combinator’s new universal basic income experiments.
Quotes from Elizabeth
The motivation behind the project is to begin exploring alternatives to the existing social safety net. If technology eliminates jobs or jobs continue to become less secure, an increasing number of people will be unable to make ends meet with earnings from employment. Basic income is one way to ensure that people are able to meet their basic needs. We’re not sure how it would work or if it’s the best solution, which is why we want to conduct this study.
Our current approach and policies aimed at reducing poverty are not working, and transformative policy changes will never be possible unless researchers introduce alternatives and disseminate evidence that such alternatives are better than the status quo.