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Tom Streithorst, “A New Golden Age Part III: The Basic Income Guarantee”

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.

About Josh Martin

Josh Martin has written 270 articles.

Josh Martin is a recent graduate of the London School of Economics and Political Science where he received an MSc in Social Policy and Planning and wrote his dissertation on the universal basic income as a possible solution to the problems facing Universal Credit in the UK. Prior to LSE, he attended St. Olaf College in Northfield, Minnesota, and is originally from Decorah, Iowa.

The views expressed in this Op-Ed piece are solely those of the author and do not necessarily represent the view of Basic Income News or BIEN. BIEN and Basic Income News do not endorse any particular policy, but Basic Income News welcomes discussion from all points of view in its Op-Ed section.

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