What kind of life would you live if money wasn’t an issue, if you never had to worry about being able to afford rent, a mortgage, or your groceries? While that might seem like a distant fantasy, writer, blogger and economic activist Scott Santens believes an Unconditional Basic Income (UBI) could radically benefit both the average worker and entrepreneurs, building a fairer world that encourages creativity and personal fulfillment.
In this episode, Scott discusses his own experience living on a kind of basic income, why UBI provides society with more and better opportunities for employment, and what hurdles will need to overcome to make it a reality.
THE FINER DETAILS OF THIS EPISODE:
(2:19) – Scott explains what an Unconditional Basic Income (UBI) is and how it’s different from a handout or welfare.
(6:29) – How we would be able to afford a UBI that everyone can partake in, and why it wouldn’t be as expensive as you might think.
(13:16) – Why adopting a UBI program can actually save us all money in the short- and long-term.
(17:08) – How a UBI could “vaccinate” us against catastrophe and future instability.
(20:45) – The wider variety of career choices that open up when everybody’s bases are covered.
(26:59) – What are the biggest structural and ideological obstacles preventing the adoption of UBI in America?
(32:31) – Scott lays out his pitch for why you should support unconditional basic income and how you can get the word out about it.
(38:14) – How UBI’s ethical principles align with why the United States were founded.
(40:13) – Scott plays Rapid Fire and explains his cosmic reasoning for which figure in history he’d like to meet.
(47:37) – Scott’s final piece of advice and encouragement.
(51:15) – Nick talks about Transform U’s new sponsor, podcast production company Podigy, and has an announcement for an upcoming webinar.
“All of us are shareholders in the United States of America.”
“No one’s income should ever fall to zero.”
“Trust in providing people independence and freedom to make the choices that are best for them.”
“With basic income, you would always be better off working; with welfare that’s not true.”
“There’s a lot of stuff out there that we can be doing and be focused on, instead of all of this stuff that we’re just constantly going off on.”
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