[Josh Martin]
In this article, Myerson makes a call to arms for Millenials to stand behind five economic reforms: guaranteed work for everyone, a universal basic income, land-value taxes, more sovereign wealth funds, and public banks in every state. According to Myerson, Millenials are disheartened by the economy and harbor “a level of suspicion” towards capitalism, leading to an “egalitarian impulse” that may translate into support for these reforms.
Jesse Myerson, “Five Economic Reforms Millenials Should Be Fighting For: Guaranteed Jobs, Universal Basic Incomes, Public Finance and More,” Rolling Stone, January 3, 2014.
"Fast-food workers protest outside of a Burger King in Los Angeles," Patrick T. Fallon/Bloomberg via Rolling Stone
Such a pleasure to see Jesse Myerson bypass all the stuff that’s wrong and cut right to the chase of what we have to do. This is as clean an exposition as I’ve seen. God bless his clarity! Let us get to work. There may still be time. “Better to have tried and failed than not to have tried at all.”
Of the five reforms, the unconditional basic income is the most basic. If you have this, you don’t really need the others, except as ways of funding the UBI.