It was initially reported that the $2 trillion Economic Aid package would include $1,200 per person making under $75,000 (less than a month's rent is many cities) and extend unemployment benefits by four months. But people like Sen. Rick Scott complained that a few lucky poor people might get a teeny bit more than they deserve. — Read the rest
Howard Schultz, the Starbucks billionaire and aspiring independent presidential candidate, tweeted a link to a column describing Democrat candidates Elizabeth Warren and Kamala Harris as "fauxcahontas" and "shrill" respectively. Then he deleted the tweet.
"Thank you @Rogerlsimon for a thoughtful analysis of what's possible.
I'm a huge fan of GiveDirectly, who does tremendous work with direct cash transfers for people in poverty — essentially, micro-scale experiments in Universal Basic Income, with long-term data impact studies. As they describe themselves:
GiveDirectly is the first — and largest — nonprofit that lets donors like you send money directly to the world's poorest.
Two competing (or, possibly, complementary?) proposals for resolving income inequality and the hole that four decades of demand-side Reaganomics has dug us into are Universal Basic Income and a federal jobs guarantee (the former being a kind of "venture capital for everyone" that provides enough money to live without having to work for an employer; and the latter being a guarantee of a good, meaningful job of social value in sectors like infrastructure, education and caring professions).
Universal Basic Income isn't just one proposal: it's a whole spectrum of ideas, with different glosses and nuances coming from the right and the left, from libertarians and those of a more paternalistic bent.
Last year, according to a recent study by Oxfam International, just eight people owned as much wealth as half of the world's population. That's bad. Many people suggest Universal Basic Income as a way to help solve that problem. My friend and Institute for the Future colleague Marina Gorbis suggests that we need something more — Universal Basic Assets. — Read the rest
Every year, Bruce Sterling closes the SXSW Interactive Festival with a wide-ranging, hour-long speech about the state of the nation: the format is 20 minutes' worth of riffing on current affairs, and then 40 minutes of main thesis, scorchingly delivered, with insights, rage, inspiration and calls to action.
Boing Boing favorite Steven Johnson (previously) has written at length about the emerging politics of "liberaltarianism" in Silicon Valley, which favors extensive government regulation (of all industries save tech), progressive taxation, universal basic income, universal free health care, free university, debt amnesty for students — but no unions and worker acceptance of "volatility, job loss, and replacement by technology."
As "outsider" teenage readers of Robert Anton Wilson and Robert Shea's classic Illuminatus! Trilogy in the early 1980s, it seemed to some of my friends at the time (all big Kurt Vonnegut, Richard Brautigan and Philip K Dick fans, too) that the novel's authors were trying to communicate something "in code" to their readers, like it was a message about "the conspiracy" that was coming from an underground resistance group. — Read the rest