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Who wants libertarianism when you can have this? All paid for with VAT, but the tax won't put prices up, says Andrew Lang, as the new automation and robotization will bring prices down.Andrew Yang is an entrepreneur who is running for president of the United States, with a long-shot campaign built primarily upon universal basic income. His new book, "The War on Normal People," argues that a massive loss of jobs within the next 10-15 years is unavoidable. He advocates for a ,000 monthly universal basic income for all Americans ages 18-64, funded by a value-added tax, to assist them through the transition. This post is part of Business Insider's series on Better Capitalism. Andrew Yang has spent the last 18 years in the startup world. Most recently, he is the founder of Venture for
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Who wants libertarianism when you can have this? All paid for with VAT, but the tax won't put prices up, says Andrew Lang, as the new automation and robotization will bring prices down.Who wants libertarianism when you can have this? All paid for with VAT, but the tax won't put prices up, says Andrew Lang, as the new automation and robotization will bring prices down.Andrew Yang is an entrepreneur who is running for president of the United States, with a long-shot campaign built primarily upon universal basic income. His new book, "The War on Normal People," argues that a massive loss of jobs within the next 10-15 years is unavoidable. He advocates for a ,000 monthly universal basic income for all Americans ages 18-64, funded by a value-added tax, to assist them through the transition. This post is part of Business Insider's series on Better Capitalism. Andrew Yang has spent the last 18 years in the startup world. Most recently, he is the founder of Venture for
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- Andrew Yang is an entrepreneur who is running for president of the United States, with a long-shot campaign built primarily upon universal basic income.
- His new book, "The War on Normal People," argues that a massive loss of jobs within the next 10-15 years is unavoidable.
- He advocates for a $1,000 monthly universal basic income for all Americans ages 18-64, funded by a value-added tax, to assist them through the transition.
- This post is part of Business Insider's series on Better Capitalism.
Andrew Yang has spent the last 18 years in the startup world.
Most recently, he is the founder of Venture for America, a nonprofit that puts new college graduates in new businesses in emerging American cities. His experiences have led him to one major conclusion: Millions of Americans stand to lose their jobs in the next 10-15 years, and the transition to a new world of automation is going to be painful.
It's why he's not only advocating for a universal basic income (UBI), but is running for president of the United States on a platform built on that movement. He's running as a Democrat, and while he's a long-shot candidate, he believes strongly enough in what he considers to be the necessity of a UBI to dedicate himself to the journey.
In his new book "The War on Normal People," he made clear that his plan is about an evolution of American capitalism rather than a replacement. "I'm no fan of big government," he wrote. "I have sat in Washington, DC, conference rooms and filled out forms and realize the limitations of what even well-intended public officials can do."
At the same time, he told Business Insider, "Corporations can't be expected to solve all of society's problems. That's not their role." That is, he does not see anything wrong with engineers working on technology that will replace workers with services that will benefit consumers — but this should not happen without a counterbalance.
Business Insider.