RT 09 | Floyd Marinescu: How UBI Can Support Mental Health

 

On today’s episode, we have the awesome Floyd Marinescu, Founder of UBI Works, a leading organization in Canada advocating for Universal Basic Income. Previously a tech founder, Floyd was leading C4Media, a global news and community platform serving 1.2 million software developers.

This show starts with Floyd explaining the basics of Universal Basic Income – a topic that is particularly relevant considering the current pandemic. Having a universal basic income can help correct the imbalance in our society, where the odds are heavily favoring a select few. 

We talk at length about COVID-19 and how it has further accelerated the push towards automation. While automation will lead to cost savings and process efficiencies, on the other hand, there will be mass unemployment among lower-income groups. 

Floyd explains how UBI can help reduce oppression and alleviate suffering among those who are the bottom of the pyramid – the folks who bear the maximum brunt when the economy takes a downturn. UBI can help a large percentage of the population pursue better and more dignified options. 

To make his dream a reality, Floyd reveals he had to make the painful yet necessary transition from tech entrepreneurship to social activism. Was it difficult for Floyd to walk away from his business that he had painstakingly built over the past fifteen years? 

If you are struggling to step down from your business or make your next transition, this show will particularly interest you. Tune in now!


WHAT YOU WILL LEARN

  • Understanding the basics of Universal Basic Income

  • The ill-effects of technology and automation

  • How to step away from your business and assume a more passive role

  • His journey around leaning into our resistance and discomfort

QUOTES

“The big thing to be concerned about technology and AI is not a future without any jobs, but a future that is even more polarized than now.”

“Respect comes from knowing that the other side has options.”

“Legacy thinking is dangerous. Legacy thinking implies ego and being remembered.”

“When you are speaking from the heart, you have to unpack few layers of the heart to get there.”

RESOURCES

 
Cherry Rose Tan