Chapter
The Evolution of Social Safety Nets
13:21 - 19:46 (06:24)
The speaker believes that welfare reform in the 90s led to people finding meaningful work and happier lives. However, he claims that the current political consensus on Universal Basic Income (UBI) pays people not to work, which is un-American and akin to welfare.
Clips
Universal Basic Income (UBI) is a controversial topic and many people are unsure about its effectiveness.
13:21 - 17:15 (03:53)
Summary
Universal Basic Income (UBI) is a controversial topic and many people are unsure about its effectiveness. Some argue that it could lead to an un-American system of paying people not to work, while others believe it could be a form of welfare reform that could help those in need.
ChapterThe Evolution of Social Safety Nets
EpisodeE47: Facebook's week from hell, Ellen Pao on sexism in Elizabeth Holmes coverage, Newsom's win, frauds & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The debate around universal basic income looks at how to ensure everyone has enough income to survive, but critics believe it discourages individuals from finding work.
17:15 - 19:46 (02:31)
Summary
The debate around universal basic income looks at how to ensure everyone has enough income to survive, but critics believe it discourages individuals from finding work. However, with a significant number of open job positions remaining unfilled, there is still a need for human labor in the economy.