The Democratic primary is coming into focus and it is not a pretty picture. Essentially the choice comes in two groups: incrementalists (Biden, Buttigieg, Bloomberg, Klobuchar) and socialists (Sanders, Warren). The incrementalists want to go back more or less to the Obama years, while the socialists want to go back to the 1970s in Europe. For the incrementalists digital technology is nothing special and for the socialists it is mostly an evil to be fought. Then there is the one exception, the...

The Democratic primary is coming into focus and it is not a pretty picture. Essentially the choice comes in two groups: incrementalists (Biden, Buttigieg, Bloomberg, Klobuchar) and socialists (Sanders, Warren). The incrementalists want to go back more or less to the Obama years, while the socialists want to go back to the 1970s in Europe. For the incrementalists digital technology is nothing special and for the socialists it is mostly an evil to be fought. Then there is the one exception, the...

This morning I will be on a panel at Columbia University about Universal Basic Income (UBI) and the climate crisis as part of a conference on the Green New Deal. In my view UBI should be a central component of a Green New Deal instead of the jobs guarantee. Here are my reasons: 1. UBI frees up people’s time and attention to really focus on solutions to the Climate Crisis. Not everyone can come up with a breakthrough invention but everyone can be active in solving climate crisis problems in th...

This morning I will be on a panel at Columbia University about Universal Basic Income (UBI) and the climate crisis as part of a conference on the Green New Deal. In my view UBI should be a central component of a Green New Deal instead of the jobs guarantee. Here are my reasons: 1. UBI frees up people’s time and attention to really focus on solutions to the Climate Crisis. Not everyone can come up with a breakthrough invention but everyone can be active in solving climate crisis problems in th...

NOTE: I have been posting excerpts from my book World After Capital. Today’s section provides some back of the envelope calculations to show we can afford UBI to provide economic freedom for all. UBI is AffordableSo with all of this as background, your might wonder what a Universal Basic Income should pay. My working proposal for the United States is $1,000/month for everyone over age 18, $400/month for everyone over 12 years old, $200/month for every child. These numbers might seem extremely...

NOTE: I have been posting excerpts from my book World After Capital. Today’s section provides some back of the envelope calculations to show we can afford UBI to provide economic freedom for all. UBI is AffordableSo with all of this as background, your might wonder what a Universal Basic Income should pay. My working proposal for the United States is $1,000/month for everyone over age 18, $400/month for everyone over 12 years old, $200/month for every child. These numbers might seem extremely...