Nick Hanauer on inequality

What people said

dsparkman · 2017-04 · Recommendation

You really need to watch [VIDEO] if you think that because corporations have to pay less in taxes that they will suddenly spend more on R&D and jobs.

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eliomattia · 2020-03 · Reference

Interesting! Government(-backed) UBI is the ultimate goal. But how to make it happen? First, why has it not happened already? All the data indicate that it's good. A no-brainer, then? Well, - It's expensive - Governments vest financial power in businesses, not in themselves. End results? 1) A very oiled mechanism for income concentration, no questions asked 2) No mechanism for income distribution (!) 3) Blaming the government for not providing UBI already 4) No UBI, be it voluntary or government 5) Many people, who in fact want to contribute towards it, cannot. Why not start by creating that mechanism for income distribution, then? A quote about Sam Altman[1]: «Altman suggests researching Universal Basic Income. (Y Combinator has already begun work on a UBI project in Oakland.) “We should set a goal of eliminating poverty in the country,” Altman writes on his website. “I’m not yet sure what a reasonable timeframe for this goal is, but I do feel a moral obligation to figure out how to do it.” Unions aren’t working, Altman says, and wages are stagnant, so we need something better, even though he isn’t sure what that is yet.» Some examples of people who would like to contribute, yet cannot: - Nick Hanauer[2,3] - Letter for a wealth tax[4], not exactly on income but on wealth, yet indicative of the supply - The Giving Pledge[5] - Yusaku Maezawa[6] - Andrew Yang[7,8] has just brought together donors who are pledging millions for UBI - Patriotic Millionaires[9] - The World Economic

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spdy · 2016-02 · Reference

He is not radical or left when seen from an EU view and with 20 years experience on Capitol Hill he knows exactly how the game is played. So he is able to get stuff done i have no doubt about that. Two of his main agenda points are no-brainers: - Medicare for all - Tuition Free College And he is right with his assessment that the rising inequality is not a good thing for our future. Two Youtube videos: [LINK] Talk with Bernie Sanders in 2014 where he goes on what it takes to change this system. [VIDEO] Ted Talk from a Nick Hanauer on inequality

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