Bankruptocracy

Former Greek Finance Minister: Universal Basic Income Is Now A Necessity

(Photo: Russell Shaw Higgs/Creative Commons)
Published in partnership with acTVism.
In this video, former finance minister of Greece, professor of economics, author, and founder of the Democracy in Europe Movement 2025 (DiEM25), Yanis Varoufakis, argues why the Basic Income is a necessity today. His arguments take into account a macro socio-economic, psychological, philosophical and moral perspective. In addition to the speech, Varoufakis addresses a wide range of questions from the public.