Last Chance Moonshot – Part 1: Basic Income

I am now convinced that the simplest approach will prove to be the most effective – the solution to poverty is to abolish it directly by a now widely discussed measure: the guaranteed income. Martin Luther King, Jr. (1967) The assurance of a certain minimum income for everyone, or a sort of floor below which nobody need fall even when he is unable to provide … Continue reading Last Chance Moonshot – Part 1: Basic Income

The Cerberus of Surplus Capital

“It is the nature of a new idea to confound current consensus.” William H. Whyte, Jr. In the previous post, we looked at the most daunting socioeconomic issue facing us today: the decline of labor value. Looking beyond a simple statistic like the unemployment rate, we can see the inescapable reality that technology, and the myriad systemic offshoots enabled by technology, will continue to reduce … Continue reading The Cerberus of Surplus Capital