Wednesday , April 9 2025
Home / Mike Norman Economics / Yanis Varoufakis – My proposal is a Universal Basic Dividend

Yanis Varoufakis – My proposal is a Universal Basic Dividend

Summary:
Paying for UBI should not come from taxation. If capital is socially produced why are the returns to capital privatized? My proposal is what we call a universal basic dividend. A percentage of all shares should go into a public equity trust like a wealth fund for society. - Yanis Varoufakis[embedded content]

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Jeremy Smith writes UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…)

Robert Vienneau writes The Emergence of Triple Switching and the Rarity of Reswitching Explained

Lars Pålsson Syll writes Schuldenbremse bye bye

Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.

Paying for UBI should not come from taxation. If capital is socially produced why are the returns to capital privatized? My proposal is what we call a universal basic dividend. A percentage of all shares should go into a public equity trust like a wealth fund for society. - Yanis Varoufakis




Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *