Basic Income initiative in Switzerland

Here is an interview from the Real News Network with one of the founders of the Basic Income initiative in Switzerland, Enno Schmidt. The initiative would guarantee a basic income of $2800 per month for every adult. That may seem like a lot from the perspective of the United States, but it is enough to live in Switzerland.

The wonderful thing about this video is that Enno Schmidt explains the reasoning behind the idea of a Basic Income incredibly well. His reasoning is profound.