Money for Free - Documentary (New) 2015 (HD) {irish444}.mp4

Documentary - (49 Mins.)

Money for Free

Money for Free makes the case for a new economic system intended to minimize financial inequalities by introducing viewers to the concept of a guaranteed basic income. By highlighting social experiments currently taking place, the filmmakers introduce viewers to some of the people working towards a large-scale redistribution of wealth.

Michael Bohmeyer, a young entrepreneur from Berlin, first experienced the benefits of limited financial stress upon quitting his self-made company. Earning €1,000 per month in his semi-retirement, Bohmeyer noted a significant drop in anxiety as well as improved health thanks to having a reliable basic income. Bohmeyer was inspired to create a crowdfunding project as a social experiment. Each time the fund reaches €12,000, one raffle winner receives an annual basic income of €1,000 per month. The raffle is unconditional in that no one is restricted from competing for it.

Being of a similar mindset, economist and basic income advocate Guy Standing conducted an experiment in India where 6,000 participants were given a guaranteed, unconditional cash income for 18 months.

These are just two of the subjects profiled here, as Money for Free takes viewers through parts of Europe, India and the United States to investigate different models for providing guaranteed basic income. The audience will be left with several perspectives to consider with regards to how the scales of wealth can be rebalanced in a way that is beneficial to all.


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