Streithorst writes an eloquent, thorough introduction to basic income, highlighting its ability to empower the consumers most likely to spend. Capitalism utilized higher wages and growing debt in previous golden ages to promote consumer spending, and Streithorst argues a basic income could facilitate such spending once again as technological unemployment continues to grow. Streithorst believes a basic income would stimulate demand, grow GDP, and decrease inequality.
Tom Streithorst, “A New Golden Age Part III: The Basic Income Guarantee”, Los Angeles Review of Books, 13 October 2015.
