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

Yanis Varoufakis and Noam Chomsky discuss the concept of a basic income guarantee also known as a universal basic income.

(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

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