English Subtitles for Noam Chomsky & Yanis Varoufakis discuss Basic Income (Universal Income)

well the technological he’s taking place<font color="#E5E5E5"> is threatening us with</font> a<font color="#CCCCCC"> unique phenomenon</font><font color="#E5E5E5"> so far every time we</font> had technological innovations<font color="#E5E5E5"> and they</font> destroyed many jobs and<font color="#E5E5E5"> particularly</font> <font color="#E5E5E5">more jobs</font><font color="#CCCCCC"> than they destroyed this</font><font color="#E5E5E5"> is</font>

the shoe battalion process<font color="#E5E5E5"> which overall</font> had net<font color="#E5E5E5"> winners even though there were</font> many<font color="#CCCCCC"> losers now this is the first</font> juncture<font color="#E5E5E5"> since the 18th century</font><font color="#CCCCCC"> when it</font> is highly likely that<font color="#CCCCCC"> technological</font> <font color="#E5E5E5">innovation is</font><font color="#CCCCCC"> going to destroy a lot</font>

more positions for<font color="#CCCCCC"> wages</font><font color="#E5E5E5"> labor […]

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