A Socialist Perspective on the Pursuit of Happiness | Aaron Bastani | TED

Several crises are set to define the next century — but journalist Aaron Bastani believes we have the technological ability to meet our biggest challenges and create unprecedented levels of prosperity for all. He shows how we could get there by ditching capitalism as the world’s economic operating system and adopting “universal basic services,“ where governments would freely provide life essentials like housing, health care, education and transport. (Followed by Q&A with head of TED Chris Anderson and public finance expert Maja Bosnic) If you love watching TED Talks like this one, become a TED Member to support our mission of spreading ideas: Follow TED! Twitter: Instagram: Facebook: LinkedIn: TikTok: @tedtoks The TED Talks channel features talks, performances and original series from the world’s leading thinkers and doers. Subscribe to our channel for videos on Technology, Entertainment and Design — plus science, business, global issues, the arts and more. Visit to get our entire library of TED Talks, transcripts, translations, personalized talk recommendations and more. Watch more: #TED #TEDTalks #capitalism TED’s videos may be used for non-commercial purposes under a Creative Commons License, Attribution–Non Commercial–No Derivatives (or the CC BY – NC – ND 4.0 International) and in accordance with our TED Talks Usage Policy: For more information on using TED for commercial purposes (e.g. employee learning, in a film or online course), please submit a Media Request at