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Special Report | Yanis Varoufakis: Why the Universal Basic Income is a Necessity

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  • Yanis Varoufakis, argues why the Basic Income is a necessity today. His arguments take into account a macro socio-economic, psychological, philosophical and moral perspective. In addition after the speech Varoufakis addresses a wide range of questions from the public.
  • Related: Universal Basic Income Is Our Best Weapon Against The Rising Far Right

Zain Raza, acTVism

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30 April 2017 | In this video former finance minister of Greece, professor of economics, author and founder of the Democracy in Europe Movement 2025 (DiEM25), Yanis Varoufakis, argues why the Basic Income is a necessity today. His arguments take into account a macro socio-economic, psychological, philosophical and moral perspective. In addition after the speech Varoufakis addresses a wide range of questions from the public.

  • What is the social democratic tradition about? And how did influence Capitalism in the 20th century?
  • Why is Social Democracy coming to an end? And how is the process of financialization & the rise of technology contributing to its demise?
  • What is Bankruptocracy? What problems is it posing to our society?
  • What is the current narrative on the relationship between the markets & state in terms of wealth generation? And how and why is a change required in this narrative in order to make the Basic Income a reality?
  • What are the arguments are against a Basic Income? And how should they be confronted?
  • How is a Basic Income aligned with the Libertarian philosophy? Will it promote freedom of choice and self-determination?
  • How will a Basic Income promote creativity in our society?

All of these questions and many more are addressed in this video.

Zain Raza is a contributor to acTVism Munich, an independent, grassroots and nonprofit media outlet that broadcasts in multiple languages regularly from Munich.

Yanis Varoufakis: former finance minister of Greece, professor of economics, author and founder of the Democracy in Europe Movement 2025 (DiEM25).

Full story (video) … 

To read this speech, click here: Transcript: Varoufakis – Basic Income is a Necessity

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Universal Basic Income Is Our Best Weapon Against The Rising Far Right, Guy Standing, Huffington Post 

Without basic economic security, people often behave selfishly and vote irresponsibly.

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Trump's First 100 Days: Workers Get Pummeled, People Fight Back

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  • "We can't feel fear, can't feel weakness," she argues, despite her illness and the long nights she works at McDonald's to keep her family afloat. "We can overtake anything that comes our way. We have people power. Everything we want, and we need, we have to fight for it." --Organizer
  • Related: Special Project | The Resistance Now: Week Ending April 29, 2017

Sasha Abramsky, Equal Voice News

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http://evergreenedigest.org/sites/default/files/Money%20Pie.jpg | Friday, April 28, 2017 | As the contours of Donald Trump's presidency over its first 100 days -- and the priorities of the Republican-majority Congress -- take shape, the economic impact on working families of this agenda is becoming clearer.

Trump ran for election on a hard nationalist, economically populist platform, wooing voters in depressed regions of the country, and in declining industries such as coal, by stressing economic protectionism, job creation, and massive infrastructure spending, and by promising to create a "beautiful" health care system for all Americans.

Sasha Abramsky is a freelance journalist and a part-time lecturer at the University of California at Davis. His work has appeared in the Nation, The Atlantic Monthly, New York magazine, The Village Voice, and Rolling Stone. 

Full story … 

Related:

 

Special Project | The Resistance Now: Week Ending April 29, 2017, Compiled by David Culver, Ed., Evergreene Digest

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  • Resistance starts with the simple but revolutionary act of refusing to accept what you are told by those with power. Evergreene Digest is extensively covering the people, ideas, and actions driving protest movements globally. Follow along with us.
  • 7 New Items including:
    • So Much for "Draining the Swamp": Wall Street's Power Soars Under Trump
    • Trump's First 100 Days: Workers Get Pummeled, People Fight Back
    • What does it take for activists to get your attention?
    • "We Are Going to Shut It Down on May 1": Caravan Against Fear Mobilizes the Masses
    • 'These issues affect all of us': this is what the resistance movement looks like
    • May Day to have immigrant tilt as workers plan to protest against Trump
    • The Resistance Now: Science Gets Its Own March

Seattle implemented a $15 minimum wage two years ago. Here's what Minneapolis could learn from that fight.

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Whether a Minneapolis minimum wage ordinance should allow credits for tips earned divided dueling rallies April 17 in front of the Stadium Village Buffalo Wild Wings. Restaurant workers in the background confronted activists who oppose what they term a "tip penalty." MinnPost photo by Peter Callaghan

  • MinnPost talked to three key figures in Seattle's 2014 $15 minimum wage fight, not only to explore the similarities and differences with the current situation in Minneapolis, but to see what advice they might have for the players looking to craft a new ordinance here. 
  • Related: Universal Basic Income Is Our Best Weapon Against The Rising Far Right

Peter Callaghan, MinnPost

04/25/17 | It’s tempting to look back at the first successful fight for a $15 minimum wage and figure it was inevitable: Seattle, 2014. Wealthy city. Booming city. Left-of-center politics. A large base of progressive activists.

But David Rolf, the president of SEIU 775 and one of the leaders of the drive to increase the minimum wage in the city to $15, said it was anything but a sure thing. “To start with, we were the first,” Rolf said last week. “We were in completely uncharted territory.”

Peter Callaghan covers local politics and government Minneapolis, St. Paul and the Twin Cities region.

Full story … 

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Universal Basic Income Is Our Best Weapon Against The Rising Far Right, Guy Standing, Huffington Post 

Without basic economic security, people often behave selfishly and vote irresponsibly.

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Study by MIT Economist: US Has Regressed to a Third-World Nation for Most of Its Citizens

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“Collapse” by Erica Woodson

A new book by economist Peter Temin finds that the U.S. is no longer one country, but dividing into two separate economic and political worlds

Lynn Parramore, Institute For New Economic Thinking / The Intellectualist

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April 20, 2017 | You’ve probably heard the news that the celebrated post-WW II beating heart of America known as the middle class has gone from “burdened,” to “squeezed” to “dying.”  But you might have heard less about what exactly is emerging in its place.

In a new book, The Vanishing Middle Class: Prejudice and Power in a Dual Economy, Peter Temin, Professor Emeritus of Economics at MIT, draws a portrait of the new reality in a way that is frighteningly, indelibly clear:  America is not one country anymore. It is becoming two, each with vastly different resources, expectations, and fates.

Lynn Parramore, Senior Research Analyst, Institute For New Economic Thinking 

Full story … 

Related:

From the Archives | New Figures Detail Depth Of Unemployment Misery, Lower Earnings For All But Super Wealthy, Huffington Post

  • Those Americans earning more than $50 million increased their income from an average of $91.2 million in 2008 to almost $519 million. That's nearly $10 million in weekly pay!These 74 people made as much as the 19 million lowest-paid people in America, who constitute one in every eight workers."
  • September Jobs Report Reveals America’s Emerging Third World Economy

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