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Gerd Leonhard is an acclaimed European futurist; his popular vídeos are featured at IEET and he is a regular IEET contributing writer. In this interview I explore his opinions and forecasts on Basic Income Guarantee.

Hank Pellissier: In general, do you support the concept of Basic Income Guarantee?

Gerd Leonhard: I very much support the concept of BIG (basic income guarantee) but I think we can’t actually realise the concept until we also tackle the surrounding issues:

a) most people (especially men!) define their value by what they do, professionally – and also by how much they earn b) capitalism is basically driven by increasing consumption, and stock markets by profits and growth – neither of these traditional paradigms will remain untouched in the near future (i.e. 15-20 years- pretty much post-singularity I would speculate).