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How poor people survive in the USA DW Documentary (Original Post) Lock him up. Dec 2019 OP
Making the case for Universal Basic Income as proposed by Andrew Yang Sherman A1 Dec 2019 #1
I have been 2naSalit Dec 2019 #2

Sherman A1

(38,958 posts)
1. Making the case for Universal Basic Income as proposed by Andrew Yang
Mon Dec 9, 2019, 05:47 AM
Dec 2019

HUMAN-CENTERED CAPITALISM
Capitalism as an economic system has led to unparalleled innovation and improvement in the human condition. Many consider it to have “won” the war of ideas against socialism, but that simplistic view ignores that there is no such thing as a pure Capitalist system. And our current version of institutional capitalism and corporatism is a relatively recent development.

Our current emphasis on corporate profits isn’t working for the vast majority of Americans. This will only be made worse by the development of automation technology and AI.

We need to move to a new form of capitalism – Human Capitalism – that’s geared towards maximizing human well-being and fulfillment. The central tenets of Human Capitalism are:

Humans are more important than money
The unit of a Human Capitalism economy is each person, not each dollar
Markets exist to serve our common goals and values

The focus of our economy should be to maximize human welfare. Sometimes this aligns with a purely capitalist approach, where different entities compete for the best ideas. But there are plenty of times when a capitalist system leads to suboptimal outcomes. Think of an airline refusing to honor your ticket because they can get more money from a customer who purchases last-minute, or a pharmaceutical company charging extortionate rates for a life-saving drug because the customers are desperate.

https://www.yang2020.com/policies/human-capitalism/


THE FREEDOM DIVIDEND
Andrew would implement the Freedom Dividend, a universal basic income of $1,000/month, $12,000 a year, for every American adult over the age of 18. This is independent of one’s work status or any other factor. This would enable all Americans to pay their bills, educate themselves, start businesses, be more creative, stay healthy, relocate for work, spend time with their children, take care of loved ones, and have a real stake in the future.

Other than regular increases to keep up the cost of living, any change to the Freedom Dividend would require a constitutional amendment.

It will be illegal to lend or borrow against one’s Dividend.

A Universal Basic Income at this level would permanently grow the economy by 12.56 to 13.10 percent—or about $2.5 trillion by 2025—and it would increase the labor force by 4.5 to 4.7 million people. Putting money into people’s hands and keeping it there would be a perpetual boost and support to job growth and the economy.

LEARN MORE ABOUT UNIVERSAL BASIC INCOME

https://www.yang2020.com/policies/the-freedom-dividend/

2naSalit

(86,579 posts)
2. I have been
Mon Dec 9, 2019, 10:52 AM
Dec 2019

homeless twice in my adult life. Both times it was during R admins. I have only just been able to get actual health insurance under ACA/expanded medicaid. And that was five years after having to continue working following a back injury for which I was officially deemed disabled only 22 months ago, five weeks after I obtained housing. I spent 10 months living in my car in Montana, through an entire winter.

I can have some dental and eye care along with my counseling for trauma and PTSD. I am glad for our D governor of my state going over the heads of the R legislature to give us that expanded medicaid. That would Steve Bullock BTW.

I can relate to this video in ways no American should be able to, and this is what we need to remember when we consider for whom we will vote, for any office.



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