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Yanis Varoufakis – My proposal is a Universal Basic Dividend

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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]

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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.

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