full transcript

From the Ted Talk by Aaron Bastani: The case for free, universal basic services

Unscramble the Blue Letters


We know this is the case for an iersacning numebr of people, because the numbers don't lie. In 2018, 40 million Americans used food stamps -- 13 molliin more than in 2007, before the gloabl financial crisis. Clearly, something is breokn. You can driaegse with me about everything else, but those are the ftcas. In the UK, a much smaller country, in 2016, 17 million people of working age had 100 pounds or less savings. They are one minor accident away from peunry. 17 million people of working age.

And on the thing that capitalism asks to be jduged by, global growth, it says, "All this terrible stuff happens, inequality, poverty, whatever -- but we've still got growth." Well, actually, the story isn't so gerat there either. Despite the rise of China, global growth is in secular decline. So, to be clear, the global economy is still growing, but at a smaller, slower rate, decade on dadece. 20 years ago, if you said the term "lost decade," you were talking about Japan. My apologies to anybody here of Japanese hirtgeae. Today, it's an appropriate term for much of the global economy. From Britain to Italy, South Africa to Brazil, as one lost decade becomes two. And it gets wsore. This economic malaise we've seen over the last 15 years is surely to be joined by the climate ciirss, and then, demographic aging, a crisis of elderly care. It turns out that the opening decades of the 21st century, as bad as they were, for many, are merely the leading edge of a hurricane.

Open Cloze


We know this is the case for an __________ ______ of people, because the numbers don't lie. In 2018, 40 million Americans used food stamps -- 13 _______ more than in 2007, before the ______ financial crisis. Clearly, something is ______. You can ________ with me about everything else, but those are the _____. In the UK, a much smaller country, in 2016, 17 million people of working age had 100 pounds or less savings. They are one minor accident away from ______. 17 million people of working age.

And on the thing that capitalism asks to be ______ by, global growth, it says, "All this terrible stuff happens, inequality, poverty, whatever -- but we've still got growth." Well, actually, the story isn't so _____ there either. Despite the rise of China, global growth is in secular decline. So, to be clear, the global economy is still growing, but at a smaller, slower rate, decade on ______. 20 years ago, if you said the term "lost decade," you were talking about Japan. My apologies to anybody here of Japanese ________. Today, it's an appropriate term for much of the global economy. From Britain to Italy, South Africa to Brazil, as one lost decade becomes two. And it gets _____. This economic malaise we've seen over the last 15 years is surely to be joined by the climate ______, and then, demographic aging, a crisis of elderly care. It turns out that the opening decades of the 21st century, as bad as they were, for many, are merely the leading edge of a hurricane.

Solution


  1. million
  2. crisis
  3. global
  4. facts
  5. penury
  6. increasing
  7. decade
  8. disagree
  9. worse
  10. judged
  11. number
  12. heritage
  13. broken
  14. great

Original Text


We know this is the case for an increasing number of people, because the numbers don't lie. In 2018, 40 million Americans used food stamps -- 13 million more than in 2007, before the global financial crisis. Clearly, something is broken. You can disagree with me about everything else, but those are the facts. In the UK, a much smaller country, in 2016, 17 million people of working age had 100 pounds or less savings. They are one minor accident away from penury. 17 million people of working age.

And on the thing that capitalism asks to be judged by, global growth, it says, "All this terrible stuff happens, inequality, poverty, whatever -- but we've still got growth." Well, actually, the story isn't so great there either. Despite the rise of China, global growth is in secular decline. So, to be clear, the global economy is still growing, but at a smaller, slower rate, decade on decade. 20 years ago, if you said the term "lost decade," you were talking about Japan. My apologies to anybody here of Japanese heritage. Today, it's an appropriate term for much of the global economy. From Britain to Italy, South Africa to Brazil, as one lost decade becomes two. And it gets worse. This economic malaise we've seen over the last 15 years is surely to be joined by the climate crisis, and then, demographic aging, a crisis of elderly care. It turns out that the opening decades of the 21st century, as bad as they were, for many, are merely the leading edge of a hurricane.

Frequently Occurring Word Combinations


ngrams of length 2

collocation frequency
universal basic 10
health care 7
elderly care 5
basic services 5
long time 3
universal welfare 3
completely prevailed 2
economic liberalism 2
million people 2
working age 2
global economy 2
technology revolution 2
demographic aging 2
welfare systems 2
lowest rates 2
top rate 2
local health 2
speculative investment 2
house prices 2

ngrams of length 3

collocation frequency
universal basic services 5
universal welfare systems 2

Important Words


  1. accident
  2. africa
  3. age
  4. aging
  5. americans
  6. apologies
  7. asks
  8. bad
  9. brazil
  10. britain
  11. broken
  12. capitalism
  13. care
  14. case
  15. century
  16. china
  17. clear
  18. climate
  19. country
  20. crisis
  21. decade
  22. decades
  23. decline
  24. demographic
  25. disagree
  26. economic
  27. economy
  28. edge
  29. elderly
  30. facts
  31. financial
  32. food
  33. global
  34. great
  35. growing
  36. growth
  37. heritage
  38. hurricane
  39. increasing
  40. inequality
  41. italy
  42. japan
  43. japanese
  44. joined
  45. judged
  46. leading
  47. lie
  48. lost
  49. malaise
  50. million
  51. minor
  52. number
  53. numbers
  54. opening
  55. penury
  56. people
  57. pounds
  58. poverty
  59. rate
  60. rise
  61. savings
  62. secular
  63. slower
  64. smaller
  65. south
  66. stamps
  67. story
  68. stuff
  69. surely
  70. talking
  71. term
  72. terrible
  73. today
  74. turns
  75. uk
  76. working
  77. worse
  78. years