"The coming age of the machine is part of a new time, and offers unprecedented possibilities to re-design the way we live. Technological innovation will, we are told, destroy more jobs than it creates. This will liberate human beings from lives of drudgery, allowing time to explore life, be creative and collectively redefine what civilization can be. But, as Yanis Varoufakis, Professor of Economic Theory at the University of Athens, makes clear, in order for everyone to benefit from these opportunities, “every citizen must be granted property rights over part of the wealth that the machines produce”. This requires a new approach to how we think about the economy and the way it operates."
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Original Language: English
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Graham Peebles, The advance of automation and Universal Basic Income, Share International magazine (June 2017)
https://en.wikiquote.org/wiki/Basic_income
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Basic income
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