Rutger Bregman

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pages: 578 words: 131,346

Humankind: A Hopeful History by Rutger Bregman

"Hurricane Katrina" Superdome, Airbnb, Anton Chekhov, basic income, behavioural economics, Berlin Wall, bitcoin, Bletchley Park, Broken windows theory, call centre, data science, David Graeber, domesticated silver fox, Donald Trump, Easter island, experimental subject, fake news, Fall of the Berlin Wall, Frederick Winslow Taylor, Garrett Hardin, Hans Rosling, invention of writing, invisible hand, knowledge economy, late fees, Mahatma Gandhi, mass incarceration, meta-analysis, Milgram experiment, mirror neurons, Nelson Mandela, New Journalism, nocebo, placebo effect, Rutger Bregman, scientific management, sharing economy, Shoshana Zuboff, Silicon Valley, social intelligence, Stanford prison experiment, Stephen Fry, Stephen Hawking, Steve Jobs, Steven Pinker, surveillance capitalism, TED Talk, The Spirit Level, The Wealth of Nations by Adam Smith, Tragedy of the Commons, transatlantic slave trade, tulip mania, universal basic income, W. E. B. Du Bois, World Values Survey

More praise for Humankind ‘An extraordinarily powerful declaration of faith in the innate goodness and natural decency of human beings. Never dewy-eyed, wistful or naive, Rutger Bregman makes a wholly robust and convincing case for believing – despite so much apparent evidence to the contrary – that we are not the savage, irredeemably greedy, violent and rapacious species we can be led into thinking ourselves to be’ Stephen Fry ‘Every revolution in human affairs – and we’re in one right now! – comes in tandem with a new understanding of what we mean by the word “human”. Rutger Bregman has succeeded in reawakening that conversation by articulating a kinder view of humanity (with better science behind it).

It is an essential part of the campaign for a better world’ Richard Wilkinson, author of The Spirit Level ‘A fantastic read … Good fun, fresh and a page turner’ James Rebanks, author of The Shepherd’s Life ‘This stunning book will change how you see the world and your fellow humans. It is mind-expanding and, more importantly, heart-expanding. We have never needed this message more than now’ Johann Hari, author of Lost Connections ‘Rutger Bregman’s extraordinary new book is a revelation’ Susan Cain, author of Quiet ‘Rutger Bregman is one of my favourite thinkers. His latest book challenges our basic assumptions about human nature in a way that opens up a world of new possibilities. Humankind is simple, perceptive and powerful in the way that the best books and arguments are’ Andrew Yang ‘I have not read anything quite as stunningly well written, insightful and revelatory for a very long time.

So long, in fact, that I cannot remember the last time’ Danny Dorling, author of Inequality and the 1% ‘This book demolishes the cynical view that humans are inherently nasty and selfish, and paints a portrait of human nature that’s not only more uplifting – it’s also more accurate. Rutger Bregman is one of the most provocative thinkers of our time’ Adam Grant, author of Give and Take ‘Put aside your newspaper for a little while and read this book’ Barry Schwartz, author of Practical Wisdom ‘I know of no more powerful or carefully documented rejoinder to Machiavelli’s observation that “men never do anything good except out of necessity” than Rutger Bregman’s book. His reassessment of human nature is as faithful to the actual evidence as it is uplifting’ Sarah Blaffer Hrdy, author of Mothers and Others ‘Humankind articulates what we anthropologists have been arguing for decades, only far more beautifully.


pages: 235 words: 62,862

Utopia for Realists: The Case for a Universal Basic Income, Open Borders, and a 15-Hour Workweek by Rutger Bregman

"World Economic Forum" Davos, Alan Greenspan, autonomous vehicles, banking crisis, Bartolomé de las Casas, basic income, Berlin Wall, Bertrand Russell: In Praise of Idleness, Branko Milanovic, cognitive dissonance, computer age, conceptual framework, credit crunch, David Graeber, Diane Coyle, driverless car, Erik Brynjolfsson, everywhere but in the productivity statistics, Fall of the Berlin Wall, Ford Model T, Francis Fukuyama: the end of history, Frank Levy and Richard Murnane: The New Division of Labor, full employment, George Gilder, George Santayana, happiness index / gross national happiness, Henry Ford's grandson gave labor union leader Walter Reuther a tour of the company’s new, automated factory…, income inequality, invention of gunpowder, James Watt: steam engine, John Markoff, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, Kevin Kelly, Kickstarter, knowledge economy, knowledge worker, Kodak vs Instagram, low skilled workers, means of production, megacity, meta-analysis, microcredit, minimum wage unemployment, Mont Pelerin Society, Nathan Meyer Rothschild: antibiotics, Occupy movement, offshore financial centre, Paul Samuelson, Peter Thiel, post-industrial society, precariat, public intellectual, radical decentralization, RAND corporation, randomized controlled trial, Ray Kurzweil, Ronald Reagan, Rutger Bregman, Second Machine Age, Silicon Valley, Simon Kuznets, Skype, stem cell, Steven Pinker, TED Talk, telemarketer, The future is already here, The Future of Employment, The Spirit Level, The Theory of the Leisure Class by Thorstein Veblen, The Wealth of Nations by Adam Smith, Thomas Malthus, Thorstein Veblen, Tyler Cowen, Tyler Cowen: Great Stagnation, universal basic income, wage slave, War on Poverty, We wanted flying cars, instead we got 140 characters, wikimedia commons, women in the workforce, working poor, World Values Survey

– Nick Srnicek, co-author of Inventing the Future: Postcapitalism and a World Without Work “The impact of this book in the Netherlands has been huge. Not only did Rutger Bregman launch a highly successful and long-running debate in the media, he also inspired a movement across the country that is putting his ideas into practice. Now it’s time for the rest of the world.” – Joris Luyendijk, bestselling author of Swimming with Sharks: My Journey into the World of the Bankers “Rutger Bregman writes with an exceptional voice. He shows both deep knowledge of the history and technical aspects of Basic Income and the ability to discuss it in a way that is meaningful and captivating even to people who are completely new to the topic.” – Karl Widerquist, Associate Professor at SFS-Qatar, Georgetown University, and co-chair of the Basic Income Earth Network “Utopia for Realists is an important book, a wonderfully readable breath of fresh air, a window thrown open to a better future.

Bregman shows us we’ve been looking at the world inside out. Turned right way out we suddenly see fundamentally new ways forward. If we can get enough people to read this book, the world will start to become a better place.” – Richard Wilkinson, co-author of The Spirit Level: Why More Equal Societies Almost Always Do Better “Rutger Bregman makes a compelling case for Universal Basic Income with a wealth of data and rooted in a keen understanding of the political and intellectual history of capitalism. He shows the many ways in which human progress has turned a Utopia into a Eutopia – a positive future that we can achieve with the right policies.” – Albert Wenger, entrepreneur and partner at Union Square Ventures, early backers of Twitter, Tumblr, Foursquare, Etsy, and Kickstarter “Learning from history and from up-to-date social science can shatter crippling illusions.

The answers, it turns out, are already there, and Bregman combines deep research with wit, challenging us to think anew about how we want to live and who we want to be. Required reading.” – Philipp Blom, historian and author of The Vertigo Years. Change and Culture in the West, 1900-1914 and A Wicked Company. The Forgotten Radicalism of the European Enlightenment “If energy, enthusiasm and aphorism could make the world better, then Rutger Bregman’s book would do it. Even in translation from the Dutch, the writing is powerful and fluent… a boisterously good read.” – The Independent Utopia for Realists © 2016 The Correspondent Cover Design by Harald Dunnink and Martijn van Dam (Momkai) English Translation by Elizabeth Manton Author Illustration by Cléa Dieudonné Infographics by Momkai Layout Design by Pre Press Media Groep ISBN 978 90 822 5639 0 Original title Gratis geld voor iedereen: en nog vijf grote ideeën die de wereld kunnen veranderen Contents 1.


pages: 300 words: 76,638

The War on Normal People: The Truth About America's Disappearing Jobs and Why Universal Basic Income Is Our Future by Andrew Yang

3D printing, Airbnb, assortative mating, augmented reality, autonomous vehicles, basic income, Bear Stearns, behavioural economics, Ben Horowitz, Bernie Sanders, call centre, corporate governance, cryptocurrency, data science, David Brooks, DeepMind, Donald Trump, Elon Musk, falling living standards, financial deregulation, financial engineering, full employment, future of work, global reserve currency, income inequality, Internet of things, invisible hand, Jeff Bezos, job automation, John Maynard Keynes: technological unemployment, Khan Academy, labor-force participation, longitudinal study, low skilled workers, Lyft, manufacturing employment, Mark Zuckerberg, megacity, meritocracy, Narrative Science, new economy, passive income, performance metric, post-work, quantitative easing, reserve currency, Richard Florida, ride hailing / ride sharing, risk tolerance, robo advisor, Ronald Reagan, Rutger Bregman, Sam Altman, San Francisco homelessness, self-driving car, shareholder value, Silicon Valley, Simon Kuznets, single-payer health, Stephen Hawking, Steve Ballmer, supercomputer in your pocket, tech worker, technoutopianism, telemarketer, The future is already here, The Wealth of Nations by Adam Smith, traumatic brain injury, Tyler Cowen, Tyler Cowen: Great Stagnation, Uber and Lyft, uber lyft, unemployed young men, universal basic income, urban renewal, warehouse robotics, white flight, winner-take-all economy, Y Combinator

The idea that poor people will be irresponsible with their money and squander it seems to be a product of deep-seated biases rather than emblematic of the truth. There’s a tendency for rich people to dismiss poor people as weak-willed children with no cost discipline. The evidence runs in the other direction. As the Dutch philosopher Rutger Bregman and others put it, “Poverty is not a lack of character. It’s a lack of cash.” Scarcity research indicates that the best way to improve decision making is to free up people’s bandwidth. People won’t ever make perfect choices. But knowing that their basic needs are accounted for will lead to better choices for millions of people each day.

Lauren Zalaznick, Cheryl Houser, Eric Bahn, Miles Lasater, Bernie Sucher, Kathryn Bendheim, Daniel Tarullo, Miika Grady, Scott Krase, Eric Cantor, Lawrence Yang, Owen Johnson, Chip Hazard, Chris Boggiano, Marian Salzman, Guillermo Silberman, and many others provided phenomenal insight into early drafts. Albert Wenger, Josh Kopelman, Rutger Bregman, David Brooks, J. D. Vance, Jean Twenge, Lisa Wade, Victor Tan Chen, Yuval Harari, Steve Case, David Autor, Krystal Ball, Ryan Avent, Alec Ross, Mark Zuckerberg, Sam Altman, Chris Hughes, Derek Thompson, Steve Glickman, John Lettieri, Rana Foroohar, Tim O’Reilly, Dylan Matthews, Annie Lowrey, Ross Baird, Nick Hanauer, David Rose, and Scott Santens shaped my thinking on many points, generally without knowing it.

The top 1 percent have accrued 52 percent of the real income growth in America since 2009: Rana Foroohar, Makers and Takers (New York: Crown Business, 2016), p. 9. Citing Emmanuel Saez,“Striking It Richer: The Evolution of Top Incomes in the United States,” June 30, 2016. The wealthy experience higher levels of depression and suspicion in unequal societies: Rutger Bregman, Utopia for Realists: The Case for a Universal Basic Income, Open Borders, and a 15-Hour Workweek (Boston: Little, Brown and Company, 2016), p. 67. …“People are falling behind because technology is advancing so fast… and our organizations aren’t keeping up”: Alec Ross, The Industries of the Future (New York: Simon and Schuster, 2015), p. 40.


pages: 242 words: 73,728

Give People Money by Annie Lowrey

Abraham Maslow, affirmative action, Affordable Care Act / Obamacare, agricultural Revolution, Airbnb, airport security, autonomous vehicles, barriers to entry, basic income, Bernie Sanders, bitcoin, Black Lives Matter, carbon tax, clean water, collective bargaining, computer age, crowdsourcing, cryptocurrency, deindustrialization, desegregation, Donald Trump, driverless car, Edward Glaeser, Elon Musk, ending welfare as we know it, everywhere but in the productivity statistics, full employment, gender pay gap, gentrification, gig economy, Google Earth, Home mortgage interest deduction, income inequality, indoor plumbing, information asymmetry, Jaron Lanier, jitney, job automation, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, Kickstarter, Kodak vs Instagram, labor-force participation, late capitalism, Lyft, M-Pesa, Mahatma Gandhi, Mark Zuckerberg, mass incarceration, McMansion, Menlo Park, mobile money, Modern Monetary Theory, mortgage tax deduction, multilevel marketing, new economy, obamacare, opioid epidemic / opioid crisis, Overton Window, Peter Thiel, post scarcity, post-work, Potemkin village, precariat, public intellectual, randomized controlled trial, ride hailing / ride sharing, Robert Bork, Robert Solow, Ronald Reagan, Rutger Bregman, Sam Altman, self-driving car, Silicon Valley, single-payer health, Steve Jobs, TaskRabbit, tech billionaire, The future is already here, The Future of Employment, theory of mind, total factor productivity, Turing test, two tier labour market, Uber and Lyft, uber lyft, universal basic income, uranium enrichment, War on Poverty, warehouse robotics, Watson beat the top human players on Jeopardy!, We wanted flying cars, instead we got 140 characters, women in the workforce, working poor, World Values Survey, Y Combinator

“true individual freedom”: Franklin D. Roosevelt, “State of the Union Address,” Jan. 11, 1944. Chapter Ten: $1,000 a Month Charles Murray: Charles Murray, In Our Hands: A Plan to Replace the Welfare State (Lanham, MD: Rowman & Littlefield, 2016). Andy Stern: Stern, Raising the Floor. Rutger Bregman: Rutger Bregman, Utopia for Realists: The Case for a Universal Basic Income, Open Borders, and a 15-Hour Workweek (Amsterdam: The Correspondent, 2016). Nick Srnicek and Alex Williams: Nick Srnicek and Alex Williams, Inventing the Future: Postcapitalism and a World Without Work (Brooklyn, NY: Verso, 2015).

Charles Murray wants to give all adults $10,000 a year while eliminating the entirety of the welfare state. Andy Stern wants to give adults $1,000 a month while eliminating much of it. Yet others advocate for pairing a UBI with a radical program of open borders and a dramatically curtailed workweek, as the Dutch writer Rutger Bregman does in his book Utopia for Realists. Yet others see a UBI as a way to bridge the country to a postcapitalist world without work, as Nick Srnicek and Alex Williams do in their book Inventing the Future. Yet others push for giving a grant to children at birth, to be used in adulthood and to be taxed back at death.

Henry Morley (1901; Project Gutenberg 2005), ebook, https://www.gutenberg.org/​files/​2130/​2130-h/​2130-h.htm. the “loss of his or her natural inheritance”: Thomas Paine, Agrarian Justice (1797), ebook, http://xroads.virginia.edu/​~hyper/​Paine/​header.html. The British Speenhamland system: Rutger Bregman, Utopia for Realists: The Case for a Universal Basic Income, Open Borders, and a 15-Hour Workweek (Amsterdam: The Correspondent, 2016). “civilization” owed everyone a minimal existence: Simon Birnbaum and Karl Widerquist, “History of Basic Income,” Basic Income Earth Network (blog), http://basicincome.org/​basic-income/​history/; adapted from L’allocation universelle by Yannick Vanderborght and Philippe Van Parijs (Paris: La Découverte, 2005).


pages: 308 words: 85,880

How to Fix the Future: Staying Human in the Digital Age by Andrew Keen

"World Economic Forum" Davos, 23andMe, Ada Lovelace, Affordable Care Act / Obamacare, Airbnb, Albert Einstein, AlphaGo, Andrew Keen, Apple's 1984 Super Bowl advert, augmented reality, autonomous vehicles, basic income, Bernie Sanders, Big Tech, bitcoin, Black Swan, blockchain, Brewster Kahle, British Empire, carbon tax, Charles Babbage, computer age, Cornelius Vanderbilt, creative destruction, crowdsourcing, data is the new oil, death from overwork, DeepMind, Demis Hassabis, Didi Chuxing, digital capitalism, digital map, digital rights, disinformation, don't be evil, Donald Trump, driverless car, Edward Snowden, Elon Musk, Erik Brynjolfsson, European colonialism, fake news, Filter Bubble, Firefox, fulfillment center, full employment, future of work, gig economy, global village, income inequality, independent contractor, informal economy, Internet Archive, Internet of things, invisible hand, Isaac Newton, James Watt: steam engine, Jane Jacobs, Jaron Lanier, Jeff Bezos, jimmy wales, job automation, Joi Ito, Kevin Kelly, knowledge economy, Lyft, Marc Andreessen, Marc Benioff, Mark Zuckerberg, Marshall McLuhan, Menlo Park, Mitch Kapor, move fast and break things, Network effects, new economy, Nicholas Carr, Norbert Wiener, OpenAI, Parag Khanna, peer-to-peer, Peter Thiel, plutocrats, post-truth, postindustrial economy, precariat, Ralph Nader, Ray Kurzweil, Recombinant DNA, rent-seeking, ride hailing / ride sharing, Rutger Bregman, Salesforce, Sam Altman, Sand Hill Road, Second Machine Age, self-driving car, sharing economy, Silicon Valley, Silicon Valley billionaire, Silicon Valley ideology, Silicon Valley startup, Skype, smart cities, Snapchat, social graph, software is eating the world, Stephen Hawking, Steve Jobs, Steve Wozniak, subscription business, surveillance capitalism, Susan Wojcicki, tech baron, tech billionaire, tech worker, technological determinism, technoutopianism, The Future of Employment, the High Line, the new new thing, Thomas L Friedman, Tim Cook: Apple, Travis Kalanick, Triangle Shirtwaist Factory, Uber and Lyft, Uber for X, uber lyft, universal basic income, Unsafe at Any Speed, Upton Sinclair, urban planning, WikiLeaks, winner-take-all economy, Y Combinator, Yogi Berra, Zipcar

“There’s no doubt in my mind,” he thus says, “that at some point we will have basic minimum income.” Many other thinkers share Straub’s confidence in the inevitable radical reinvention of our industrial social security system. From Zurich I fly to Amsterdam to meet with another of Europe’s leading champions of the basic minimum income, Rutger Bregman. Originally from Utrecht, the Dutch city that is pioneering a 2017 scheme to pay its residents an unconditional monthly stipend, Bregman is the author of the aptly named Utopia for Realists: How We Can Build the Ideal World,10 a bestselling polemic in favor of universal basic income, which has been translated into twenty languages.

Educating “useless” people for a world without work is, in some ways, a Sisyphean task. Relying on the super-citizens of our gilded age like Jeff Bezos or Mark Zuckerberg to save the world is, to say the least, risky. And paying people to do nothing in an age of smart machines—as idealists like Rutger Bregman and the Union Square Ventures partner Albert Wenger want—is not going to automatically create a Marxian idyll of farmers, fishermen, hunters, and critics. In contrast with Holbein’s map of the little island of Utopia, our map is global. In the mid-nineteenth century, the economic historian Eric Hobsbawn reminds us, Britain was the only genuinely industrialized country.

Yuval Noah Harari, “The Meaning of Life in a World Without Work,” Guardian, May 8, 2017. 7. Andy Stern, Raising the Floor: How a Universal Basic Income Can Renew Our Economy and Rebuild the American Dream (PublicAffairs, 2016). 8. John Thornhill, “A Universal Basic Income Is an Old Idea with Modern Appeal,” Financial Times, March 14, 2016. 9. More, Utopia, 51. 10. Rutger Bregman, Utopia for Realists: How We Can Build the Ideal World (Little Brown, 2017). 11. Martin Ford, Rise of the Robots: Technology and the Threat of a Jobless Future (Basic Books, 2016). 12. Albert Wenger, World After Capital (worldaftercapital.org 2016). 13. Erik Brynjolfsson and Andrew McAfee, The Second Machine Age: Work, Progress and Prosperity in a Time of Brilliant Technologies (Norton, 2014), 213. 14.


pages: 428 words: 126,013

Lost Connections: Uncovering the Real Causes of Depression – and the Unexpected Solutions by Johann Hari

Adam Curtis, autism spectrum disorder, basic income, Berlin Wall, call centre, capitalist realism, correlation does not imply causation, Donald Trump, gig economy, income inequality, Jeff Bezos, John Snow's cholera map, Joi Ito, longitudinal study, meta-analysis, Naomi Klein, Occupy movement, open borders, placebo effect, precariat, publication bias, randomized controlled trial, Rat Park, risk tolerance, Ronald Reagan, Rutger Bregman, selective serotonin reuptake inhibitor (SSRI), Stephen Fry, sugar pill, TED Talk, the scientific method, The Spirit Level, Tipper Gore, twin studies, universal basic income, urban planning, zero-sum game

Buried in those dusty boxes of data in the Canadian national archives, Evelyn might have found one of the most important antidepressants for the twenty-first century. I wanted to understand the implications of this more, and to explore my own concerns and questions about it, so I went to see a brilliant Dutch economic historian named Rutger Bregman. He is the leading European champion of the idea of a universal basic income.4 We ate burgers and inhaled caffeinated drinks and ended up talking late into the night, discussing the implications of all this. “Time and again,” he said, “we blame a collective problem on the individual. So you’re depressed?

And a further 23 percent Peter Fleming, The Mythology of Work (London: Pluto Press, 2015), 41–3; Daniel Pink, Drive: The Surprising Truth About What Motivates Us (London: Canongate, 2011), 111. There’s an excellent discussion of how we are prepared for this in the unfairly forgotten book by Joel Spring, A Primer On Libertarian Education (Toronto: Black Rose Books, 1999). One professor who has studied this Fleming, Mythology of Work, 35. Other shocking stats about this in Rutger Bregman, Utopia, For Realists (London: Bloomsbury, 2017), 41. “derealization” Matt Haig, Reasons to Stay Alive (London: Canongate, 2016), 157. people would come in with problems in their lives Michael Marmot, The Health Gap: The Challenge of an Unequal World (London: Bloomsbury, 2015), 2. One day in the late 1960s Ibid., 3.

Chapter 22: Reconnection Seven: Restoring the Future In the middle of the 1970s, a group of Canadian government officials chose This account is based on interviewing Evelyn Forget and reading her published papers, especially Evelyn Forget, “The Town with No Poverty: The Health Effects of a Canadian Guaranteed Annual Income Field Experiment,” Canadian Public Policy 37, no. 3 (2011), doi: 10.3138/cpp.37.3.283. I have also drawn on Nick Srnicek and Alex Williams, Inventing the Future: Postcapitalism and a World Without Work (London: Verso, 2015), and Rutger Bregman, Utopia for Realists: The Case for a Universal Basic Income, Open Borders, and a 15-hour Workweek (Netherlands: Correspondent Press, 2016). I have also drawn on these articles: Zi-Ann Lum, “A Canadian City Once Eliminated Poverty and Nearly Everyone Forgot About It,” Huffington Post, January 3, 2017, http://www.huffingtonpost.ca/2014/12/23/mincome-in-dauphin-manitoba_n_6335682.html; Benjamin Shingler, “Money for nothing: Mincome experiment could pay dividends 40 years on,” Aljazeera America, August 26, 2014, http://america.aljazeera.com/articles/2014/8/26/dauphin-canada-cash.html; Stephen J.


Forward: Notes on the Future of Our Democracy by Andrew Yang

2013 Report for America's Infrastructure - American Society of Civil Engineers - 19 March 2013, Affordable Care Act / Obamacare, Amazon Web Services, American Society of Civil Engineers: Report Card, basic income, benefit corporation, Bernie Sanders, blockchain, blue-collar work, call centre, centre right, clean water, contact tracing, coronavirus, correlation does not imply causation, COVID-19, data is the new oil, data science, deepfake, disinformation, Donald Trump, facts on the ground, fake news, forensic accounting, future of work, George Floyd, gig economy, global pandemic, income inequality, independent contractor, Jaron Lanier, Jeff Bezos, job automation, Kevin Roose, labor-force participation, Marc Benioff, Mark Zuckerberg, medical bankruptcy, new economy, obamacare, opioid epidemic / opioid crisis, pez dispenser, QAnon, recommendation engine, risk tolerance, rolodex, Ronald Reagan, Rutger Bregman, Sam Altman, Saturday Night Live, shareholder value, Shoshana Zuboff, Silicon Valley, Simon Kuznets, single-payer health, Snapchat, social distancing, SoftBank, surveillance capitalism, systematic bias, tech billionaire, TED Talk, The Day the Music Died, the long tail, TikTok, universal basic income, winner-take-all economy, working poor

So, I looked at the things that I would need to do to run for president: present a vision, make an argument, raise money, build a team, write a book, get press, grow an organization, give rise to a movement, go a couple years without a salary. I figured I had done or could do most all of those things. But, if elected, what would I actually do to fix the problems I had identified? I had first discovered universal basic income a few years earlier through thinkers like Andy Stern, Martin Ford, and Rutger Bregman. It struck me as inevitable that we would adopt universal basic income eventually, but it was still a marginal idea that most people had never heard of. I thought I could bring it to the mainstream and that my campaign could accelerate the end of poverty and begin a movement toward a better and more sustainable way of life for tens of millions of people.

I owe a massive intellectual debt in this book to Ezra Klein, Katherine Gehl, Michael Porter, and Lawrence Lessig, whose work I reference heavily. Thank you to Roger McNamee, Tristan Harris, Jim Steyer, Jaron Lanier, Enoch Liang, Mark Mao, Shoshana Zuboff, and Alastair Mactaggart for being voices of conscience in technology and data and steering my thinking. Thank you to Sam Altman, Rutger Bregman, Annie Lowrey, Andy Stern, Scott Santens, Gisele Huff, Michael Tubbs, and everyone else who has been leading us to universal basic income. Thank you to everyone who has supported Humanity Forward and its vision of an economy that works for people, including Albert Wenger, Susan Danziger, Daniel Negreanu, J.

I had first discovered universal basic income Andy Stern, Raising the Floor: How a Universal Basic Income Can Renew Our Economy and Rebuild the American Dream, with Lee Kravitz (New York: PublicAffairs, 2016); Martin Ford, Rise of the Robots: Technology and the Threat of a Jobless Future (New York: Basic Books, 2016); Rutger Bregman, Utopia for Realists: How We Can Build the Ideal World (New York: Back Bay Books, 2018). CHAPTER 3: THE WING DING IS STACKED AGAINST ME; OR, HOW WE LEARN ABOUT CANDIDATES And in Iowa only 171,517 “Presidential Election in Iowa, 2016,” Ballotpedia. In the summer of 2018 Andrew Yang, “We Must Evolve to a New Form of Capitalism,” 2018 Iowa Wing Ding, YouTube, uploaded Aug. 20, 2018, www.youtube.com/​watch?


pages: 374 words: 111,284

The AI Economy: Work, Wealth and Welfare in the Robot Age by Roger Bootle

"World Economic Forum" Davos, 3D printing, agricultural Revolution, AI winter, Albert Einstein, AlphaGo, Alvin Toffler, anti-work, antiwork, autonomous vehicles, basic income, Ben Bernanke: helicopter money, Bernie Sanders, Bletchley Park, blockchain, call centre, Cambridge Analytica, Capital in the Twenty-First Century by Thomas Piketty, Carl Icahn, Chris Urmson, computer age, Computing Machinery and Intelligence, conceptual framework, corporate governance, correlation does not imply causation, creative destruction, David Ricardo: comparative advantage, deep learning, DeepMind, deindustrialization, Demis Hassabis, deskilling, Dr. Strangelove, driverless car, Elon Musk, en.wikipedia.org, Erik Brynjolfsson, everywhere but in the productivity statistics, facts on the ground, fake news, financial intermediation, full employment, future of work, Future Shock, general purpose technology, Great Leap Forward, Hans Moravec, income inequality, income per capita, industrial robot, Internet of things, invention of the wheel, Isaac Newton, James Watt: steam engine, Jeff Bezos, Jeremy Corbyn, job automation, job satisfaction, John Markoff, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, John von Neumann, Joseph Schumpeter, Kevin Kelly, license plate recognition, low interest rates, machine translation, Marc Andreessen, Mark Zuckerberg, market bubble, mega-rich, natural language processing, Network effects, new economy, Nicholas Carr, Ocado, Paul Samuelson, Peter Thiel, Phillips curve, positional goods, quantitative easing, RAND corporation, Ray Kurzweil, Richard Florida, ride hailing / ride sharing, rising living standards, road to serfdom, Robert Gordon, Robert Shiller, Robert Solow, Rutger Bregman, Second Machine Age, secular stagnation, self-driving car, seminal paper, Silicon Valley, Silicon Valley billionaire, Simon Kuznets, Skype, social intelligence, spinning jenny, Stanislav Petrov, Stephen Hawking, Steven Pinker, synthetic biology, technological singularity, The Future of Employment, The Wealth of Nations by Adam Smith, Thomas Malthus, trade route, universal basic income, US Airways Flight 1549, Vernor Vinge, warehouse automation, warehouse robotics, Watson beat the top human players on Jeopardy!, We wanted flying cars, instead we got 140 characters, wealth creators, winner-take-all economy, world market for maybe five computers, Y2K, Yogi Berra

Indeed, many retired people feel very happy and say that the most difficult period of their life was in the middle, when they had young children, mortgages, and career development to grapple with. Some retirees even say that they don’t know how they ever found time to go to work. A combination of bridge and golf (if you can stand it) can be made to take up most of the week. And if that’s not enough there is always voluntary work. According to the Dutch historian Rutger Bregman, the countries with the shortest working weeks also have the largest numbers of volunteers and the most “social capital.”26 Yet there are many people who do find not working difficult. Oscar Wilde once said: “Work is the refuge of the people who have nothing better to do.”27 As long ago as 1964 the great science fiction writer and visionary Isaac Asimov envisaged that the death of work would cause serious emotional and psychological consequences.

Or rather with what we think are the facts. For, like so many other critical issues in economics, this one is bedeviled by controversy. Certainly, the conventional wisdom is that over recent years the distribution of income and/or wealth has been becoming more unequal. According to the Dutch historian Rutger Bregman, in the USA, the gap between rich and poor is “already wider than it was in ancient Rome – an economy founded on slave labor.”4 Whether or not this is an exaggeration, the bare statistics do show a marked increase in inequality. In the USA, between 1962 and 1979, the annual average growth in real disposable income for people in the bottom quintile of the income distribution was almost 5.5 percent, compared to less than 2 percent for people in the top quintile.

He argued that, by putting the onus on local authorities, poor relief was a tactic used by employers to keep wages low. Other staunch opponents of the Speenhamland system included such eminent thinkers as Jeremy Bentham and Alexis de Tocqueville. According to the contemporary radical Dutch historian Rutger Bregman, however, all these thinkers condemned the Speenhamland system without examining the data. He says that such suffering as there was under the system was caused by Britain’s resumption of gold convertibility in 1821, and the rise of labor-saving machinery.12 According to him, “capitalist or communist, it all boils down to a pointless distinction between two types of poor, and to a major misconception that we almost managed to dispel some forty years ago – the fallacy that a life without poverty is a privilege you have to work for, rather than a right we all deserve.”13 Side benefits of UBI While economists have argued about the effects of UBI on the incentives to work, with there being a respectable case in both directions, some defenders of the idea have been able to counter with some different, and sometimes quirky, arguments.


pages: 254 words: 61,387

This Could Be Our Future: A Manifesto for a More Generous World by Yancey Strickler

"Friedman doctrine" OR "shareholder theory", "World Economic Forum" Davos, Abraham Maslow, accelerated depreciation, Adam Curtis, basic income, benefit corporation, Big Tech, big-box store, business logic, Capital in the Twenty-First Century by Thomas Piketty, Cass Sunstein, cognitive dissonance, corporate governance, Daniel Kahneman / Amos Tversky, data science, David Graeber, Donald Trump, Doomsday Clock, Dutch auction, effective altruism, Elon Musk, financial independence, gender pay gap, gentrification, global supply chain, Hacker News, housing crisis, Ignaz Semmelweis: hand washing, invention of the printing press, invisible hand, Jeff Bezos, job automation, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Nash: game theory, Joi Ito, Joseph Schumpeter, Kickstarter, Kōnosuke Matsushita, Larry Ellison, Louis Pasteur, Mark Zuckerberg, medical bankruptcy, Mr. Money Mustache, new economy, Oculus Rift, off grid, offshore financial centre, Parker Conrad, Ralph Nader, RAND corporation, Richard Thaler, Ronald Reagan, Rutger Bregman, self-driving car, shareholder value, Silicon Valley, Simon Kuznets, Snapchat, Social Responsibility of Business Is to Increase Its Profits, Solyndra, stem cell, Steve Jobs, stock buybacks, TechCrunch disrupt, TED Talk, The Wealth of Nations by Adam Smith, Thomas Kuhn: the structure of scientific revolutions, Travis Kalanick, Tyler Cowen, universal basic income, white flight, Zenefits

Bentoism Elizabeth Anderson, Value in Ethics and Economics Michael Walzer, Spheres of Justice: A Defense of Pluralism and Equality How Ideas Work Yuval Noah Harari, Sapiens: A Brief History of Humankind John Higgs, The KLF: Chaos, Magic, and the Band Who Burned a Million Pounds John Higgs, Stranger Than We Can Imagine: An Alternative History of the 20th Century Thomas Kuhn, The Structure of Scientific Revolutions Daniel Rodgers, Age of Fracture J. Z. Young, Doubt and Certainty in Science: A Biologist’s Reflections on the Brain Economics Rutger Bregman, Utopia for Realists: How We Can Build the Ideal World David Graeber, Debt: The First 5,000 Years (Updated and Expanded) Annie Lowrey, Give People Money: How a Universal Basic Income Would End Poverty, Revolutionize Work, and Remake the World Mariana Mazzucato, The Entrepreneurial State: Debunking Public vs.

“not in my business”: As reported by Axios (“Forget About Broad-Based Pay Raises, Executives Say,” May 27, 2018) at the Federal Reserve Bank of Dallas event “Technology-Enabled Disruption: Implications for Business, Labor Markets, and Monetary Policy” on May 24–25, 2018. Lazonick has put it: Lazonick’s characterization of buybacks as “profits without prosperity” was in Harvard Business Review (“Profits Without Prosperity,” September 2014). universal basic income: Two recommended books to learn more about universal basic income: Rutger Bregman’s Utopia for Realists and Annie Lowrey’s Give People Money. debt to enter the workforce: Background and stats on student loans come from CNBC (“Why Does a College Degree Cost So Much?” in 2015 and “Student Loan Balances Jump Nearly 150 Percent in a Decade” in 2017). elections are decided almost entirely by money: The 2015 report on the relationship between campaign expenditures and campaign results (“How Money Drives US Congressional Elections: More Evidence”) was written by Thomas Ferguson, Paul Jorgensen, and Jie Chen and published by the Institute for New Economic Thinking.


pages: 386 words: 112,064

Rich White Men: What It Takes to Uproot the Old Boys' Club and Transform America by Garrett Neiman

"World Economic Forum" Davos, Affordable Care Act / Obamacare, Albert Einstein, basic income, Bernie Sanders, BIPOC, Black Lives Matter, Branko Milanovic, British Empire, Capital in the Twenty-First Century by Thomas Piketty, carried interest, clean water, confounding variable, coronavirus, COVID-19, critical race theory, dark triade / dark tetrad, data science, Donald Trump, drone strike, effective altruism, Elon Musk, gender pay gap, George Floyd, glass ceiling, green new deal, high net worth, Home mortgage interest deduction, Howard Zinn, impact investing, imposter syndrome, impulse control, income inequality, Jeff Bezos, Jeffrey Epstein, John Maynard Keynes: Economic Possibilities for our Grandchildren, knowledge worker, Larry Ellison, liberal capitalism, Lyft, Mahatma Gandhi, mandatory minimum, Mark Zuckerberg, mass incarceration, means of production, meritocracy, meta-analysis, Michael Milken, microaggression, mortgage tax deduction, move fast and break things, Nelson Mandela, new economy, obamacare, occupational segregation, offshore financial centre, Paul Buchheit, Peter Thiel, plutocrats, Ralph Waldo Emerson, randomized controlled trial, rent-seeking, Ronald Reagan, Rutger Bregman, Sheryl Sandberg, Silicon Valley, Snapchat, sovereign wealth fund, Steve Jobs, subprime mortgage crisis, TED Talk, The Bell Curve by Richard Herrnstein and Charles Murray, Travis Kalanick, trickle-down economics, uber lyft, universal basic income, Upton Sinclair, War on Poverty, white flight, William MacAskill, winner-take-all economy, women in the workforce, work culture , working poor

Teresa Iacobelli and Barbara Shubinski, “‘Without Distinction of Race, Sex, or Creed’: The General Education Board, 1903–1964,” RE:source, Rockefeller Archive Center, January 5, 2022, https://resource.rockarch.org/story/the-general-education-board-1903-1964/. 4. Jeremy Norman, “Andrew Carnegie Donates the First Carnegie Library to His Hometown, Dunfermine, Scotland,” HistoryofInformation.com, July 6, 2022, https://www.historyofinformation.com/detail.php?id=3000. 5. Rutger Bregman, “Rutger Bregman Tells Davos to Talk about Tax: ‘This Is Not Rocket Science,’” YouTube video, 1:45, posted by Guardian News on January 29, 2019, https://www.youtube.com/watch?v=P8ijiLqfXP0. 6. Nick Hanauer, “Better Schools Won’t Fix America,” The Atlantic, June 10, 2019, https://www.theatlantic.com/magazine/archive/2019/07/education-isnt-enough/590611/. 7.

When education reform and extreme inequality duel, extreme inequality tends to win, since well-heeled parents ensure well-resourced schools. Yet philanthropists like Morgan continue to be surprised that it is so difficult to reform schools in low-wealth communities of color, even when those communities lack resources. When historian Rutger Bregman attended the World Economic Forum at Davos, he made a similar observation. Like Milken attendees, Davos participants were also searching for ways to drive systemic change without addressing wealth inequality. “It feels as if I’m at a firefighters’ conference,” Bregman remarked, “and no one is allowed to speak about water.”5 The view that education reform is the linchpin to fighting poverty is so commonly held among wealthy philanthropists that there is now a term for it.


pages: 257 words: 76,785

Shorter: Work Better, Smarter, and Less Here's How by Alex Soojung-Kim Pang

8-hour work day, airport security, Albert Einstein, behavioural economics, Bertrand Russell: In Praise of Idleness, Brexit referendum, business process, call centre, carbon footprint, centre right, classic study, cloud computing, colonial rule, death from overwork, disruptive innovation, Erik Brynjolfsson, future of work, game design, gig economy, Henri Poincaré, IKEA effect, iterative process, job automation, job satisfaction, job-hopping, Johannes Kepler, karōshi / gwarosa / guolaosi, Kickstarter, labor-force participation, longitudinal study, means of production, neurotypical, PalmPilot, performance metric, race to the bottom, remote work: asynchronous communication, remote working, Rutger Bregman, Salesforce, Second Machine Age, side project, Silicon Valley, Steve Jobs, tech worker, TED Talk, telemarketer, The Wealth of Nations by Adam Smith, women in the workforce, work culture , young professional, zero-sum game

Finally, “Share” explains how shorter workweeks could change the future of work, how they could help us deal with rising levels of stress and burnout, how they create new ways of solving problems posed by automation and AI, and how they could even contribute to fighting inequality and climate change. Using design thinking as a framework also keeps us focused on the question of “How can I do this?” I don’t just want to present an abstract or moral case for a shorter workweek; others, like historian Rutger Bregman and the New Economics Foundation in London, are already making that argument. Instead, I want to show how companies are actually doing it and show you how you could redesign the workday at your own company. If you’re a manager or company owner, this book will lay out the steps you can follow to implement a four-day workweek or six-hour day: how to design a trial period; how to sell it to clients and investors; how to get your employees on board; how to redesign meetings, technology, and the workday itself to become more focused, effective, and productive; and how to measure the results.

Good introductions to design thinking are Tim Brown, Change by Design: How Design Thinking Transforms Organizations and Inspires Innovation (New York: Harper Business, 2009), and Michael Lewrick, Patrick Link, and Larry Leifer, The Design Thinking Playbook: Mindful Digital Transformation of Teams, Products, Services, Businesses and Ecosystems (New York: Wiley, 2018). The case for shortening working hours has been made recently in Rutger Bregman, Utopia for Realists: How We Can Build the Ideal World (New York: Little, Brown, 2017); Stan De Spiegelaere and Agnieszka Piasna, The Why and How of Working Time Reduction (European Trade Union Institute, 2017); and Will Stronge and Aidan Harper, eds., The Shorter Working Week: A Radical and Pragmatic Proposal (Autonomy, 2019), http://autonomy.work/wp-content/uploads/2019/01/Shorter-working-week-final.pdf.


pages: 614 words: 168,545

Rentier Capitalism: Who Owns the Economy, and Who Pays for It? by Brett Christophers

"World Economic Forum" Davos, accounting loophole / creative accounting, Airbnb, Amazon Web Services, barriers to entry, Big bang: deregulation of the City of London, Big Tech, book value, Boris Johnson, Bretton Woods, Brexit referendum, British Empire, business process, business process outsourcing, Buy land – they’re not making it any more, call centre, Cambridge Analytica, Capital in the Twenty-First Century by Thomas Piketty, Cass Sunstein, cloud computing, collective bargaining, congestion charging, corporate governance, data is not the new oil, David Graeber, DeepMind, deindustrialization, Diane Coyle, digital capitalism, disintermediation, diversification, diversified portfolio, Donald Trump, Downton Abbey, electricity market, Etonian, European colonialism, financial deregulation, financial innovation, financial intermediation, G4S, gig economy, Gini coefficient, Goldman Sachs: Vampire Squid, greed is good, green new deal, haute couture, high net worth, housing crisis, income inequality, independent contractor, intangible asset, Internet of things, Jeff Bezos, Jeremy Corbyn, Joseph Schumpeter, Kickstarter, land bank, land reform, land value tax, light touch regulation, low interest rates, Lyft, manufacturing employment, market clearing, Martin Wolf, means of production, moral hazard, mortgage debt, Network effects, new economy, North Sea oil, offshore financial centre, oil shale / tar sands, oil shock, patent troll, pattern recognition, peak oil, Piper Alpha, post-Fordism, post-war consensus, precariat, price discrimination, price mechanism, profit maximization, proprietary trading, quantitative easing, race to the bottom, remunicipalization, rent control, rent gap, rent-seeking, ride hailing / ride sharing, Right to Buy, risk free rate, Ronald Coase, Rutger Bregman, sharing economy, short selling, Silicon Valley, software patent, subscription business, surveillance capitalism, TaskRabbit, tech bro, The Nature of the Firm, transaction costs, Uber for X, uber lyft, vertical integration, very high income, wage slave, We are all Keynesians now, wealth creators, winner-take-all economy, working-age population, yield curve, you are the product

Not only, some heterodox writers argue, is rent asset-based income; it is income associated with the extraction rather than creation of value. The rentier, that is to say, is considered a parasite; asset control enables her to arrogate to herself value created elsewhere. This was very much Ricardo’s view, for example. Today, prominent Ricardians (at least on rent theory), wittingly or otherwise, include Mazzucato and Rutger Bregman, the latter of whom has written vividly of rentiers ‘sucking the rest of us dry’.12 Then there are those who give this parasite– host imagery a particular geographical and geopolitical spin: for the likes of Michael Roberts, many contemporary Western economies, including the UK’s, are rentierist specifically in the sense that they ‘[live] off the productive development of other countries’.13 Such critiques hark back to the work especially of Lenin, who argued in the 1910s that European imperialism had led to the ‘extraordinary growth’ of ‘a stratum of rentiers, i.e., people who live by “clipping coupons”, who take no part in any enterprise whatever, whose profession is idleness.

Indeed, output growth began falling just around the time Before the Oil Ran Out hit the shelves in the nation’s bookstores. If the UK economy did not run out of oil, then, it did – as Jack also predicted – run out of steam. There is nothing in the longer historical record to suggest that national growth prospects are likely to improve while the rentier’s grip remains vice-like. As Rutger Bregman has cautioned: ‘One thing is certain: countries where rentiers gain the upper hand gradually fall into decline. Just look at the Roman Empire. Or Venice in the 15th century. Look at the Dutch Republic in the 18th century. Like a parasite stunts a child’s growth, so the rentier drains a country of its vitality.’4 Needless to say, declining economic growth such as the UK has experienced in recent times puts pressure on all incomes, including household incomes.

In the 1930s, Keynes, as I noted in Chapter 1, declared that the euthanasia of the rentier of which he dreamed would represent the euthanasia of power – specifically, power to exploit the scarcity-value of capital – that was in his terms ‘cumulative’ (the power of the capitalist class) and ‘oppressive’ (the Oxford English Dictionary’s preferred synonyms are ‘merciless; harsh; exploitative; repressive’). Without wanting to make difficult comparisons between the balance of the political economy of the UK then and now, let us just say that the power of rentier capital is not evidently less cumulative and oppressive today than it was in Keynes’s era. Moreover, as Rutger Bregman has forcefully argued, rentierism is, ‘in essence, a question of power’: That the Sun King Louis XIV was able to exploit millions was purely because he had the biggest army in Europe. It’s no different for the modern rentier. He’s got the law, politicians and journalists squarely in his court.


pages: 145 words: 41,453

You Are What You Read by Jodie Jackson

Brexit referendum, delayed gratification, Filter Bubble, framing effect, Future Shock, Hans Rosling, Mahatma Gandhi, Nelson Mandela, New Journalism, race to the bottom, Rutger Bregman, Steve Jobs, Steven Pinker, TED Talk, yellow journalism

Leff and Peter Miller The News: A User’s Manual by Alain de Botton The Perils of Perception: Why We’re Wrong About Nearly Everything by Bobby Duffy Progress: Ten Reasons to Look Forward to the Future by Johan Norberg The Rational Optimist: How Prosperity Evolves by Matt Ridley Utopia for Realists: And How We Can Get There by Rutger Bregman The Vanishing Voter: Public Involvement in an Age of Uncertainty by Thomas E. Patterson ACKNOWLEDGEMENTS This book would not have been possible to write without the wealth of researchers who have gone before me to investigate the impact of the news. I stand on their shoulders in order to share my insights with the world.


pages: 689 words: 134,457

When McKinsey Comes to Town: The Hidden Influence of the World's Most Powerful Consulting Firm by Walt Bogdanich, Michael Forsythe

"RICO laws" OR "Racketeer Influenced and Corrupt Organizations", "World Economic Forum" Davos, activist fund / activist shareholder / activist investor, Affordable Care Act / Obamacare, Alistair Cooke, Amazon Web Services, An Inconvenient Truth, asset light, asset-backed security, Atul Gawande, Bear Stearns, Boris Johnson, British Empire, call centre, Cambridge Analytica, carbon footprint, Citizen Lab, cognitive dissonance, collective bargaining, compensation consultant, coronavirus, corporate governance, corporate social responsibility, Corrections Corporation of America, COVID-19, creative destruction, Credit Default Swap, crony capitalism, data science, David Attenborough, decarbonisation, deindustrialization, disinformation, disruptive innovation, do well by doing good, don't be evil, Donald Trump, double entry bookkeeping, facts on the ground, failed state, financial engineering, full employment, future of work, George Floyd, Gini coefficient, Glass-Steagall Act, global pandemic, illegal immigration, income inequality, information security, interchangeable parts, Intergovernmental Panel on Climate Change (IPCC), invisible hand, job satisfaction, job-hopping, junk bonds, Kenneth Arrow, Kickstarter, load shedding, Mark Zuckerberg, megaproject, Moneyball by Michael Lewis explains big data, mortgage debt, Multics, Nelson Mandela, obamacare, offshore financial centre, old-boy network, opioid epidemic / opioid crisis, profit maximization, public intellectual, RAND corporation, Rutger Bregman, scientific management, sentiment analysis, shareholder value, Sheryl Sandberg, Silicon Valley, smart cities, smart meter, South China Sea, sovereign wealth fund, tech worker, The future is already here, The Nature of the Firm, too big to fail, urban planning, WikiLeaks, working poor, Yogi Berra, zero-sum game

Another underwriter is ExxonMobil. Throwing executives, scientists, celebrities, and journalists into the same room “can generate ideas capable of transforming our world,” ExxonMobil gushes. Occasionally, a heretic slips in on the list of invitees. Such was the case with the Dutch historian Rutger Bregman, who famously skewered the Davos attendees in January 2019 for flying hundreds of carbon-dioxide-spewing private jets into an event “to hear David Attenborough speak about how we’re wrecking the planet.” He quickly pivoted to the topic of rich people not paying enough taxes, an issue he thought was central to solving a host of society’s problems but, he said, received scant attention at Davos.

GO TO NOTE REFERENCE IN TEXT 8. “Turning a Coal Mine into a Diamond” “can generate ideas capable”: ExxonMobil, “Five Big Ideas from the Aspen Ideas Festival,” press release, July 9, 2019. GO TO NOTE REFERENCE IN TEXT He quickly pivoted to the topic: “This Is Not Rocket Science: Rutger Bregman Tells Davos to Talk About Tax—Video,” Guardian, Jan. 29, 2019. The 2020 World Economic Forum at Davos took place before the global onset of COVID-19. GO TO NOTE REFERENCE IN TEXT In June 2019: For a description of the McKinsey partners speaking at Aspen, see “A Festival of Ideas, Shaped by McKinsey Insight” on the McKinsey website, posted July 31, 2019, www.mckinsey.com.


pages: 173 words: 53,564

Fair Shot: Rethinking Inequality and How We Earn by Chris Hughes

"World Economic Forum" Davos, basic income, Donald Trump, effective altruism, Elon Musk, end world poverty, full employment, future of journalism, gig economy, high net worth, hockey-stick growth, income inequality, invisible hand, Jeff Bezos, job automation, knowledge economy, labor-force participation, Lyft, M-Pesa, Mark Zuckerberg, meta-analysis, new economy, oil rush, payday loans, Peter Singer: altruism, Potemkin village, precariat, randomized controlled trial, ride hailing / ride sharing, Ronald Reagan, Rutger Bregman, Second Machine Age, self-driving car, side hustle, side project, Silicon Valley, TaskRabbit, TED Talk, The Bell Curve by Richard Herrnstein and Charles Murray, traveling salesman, trickle-down economics, uber lyft, universal basic income, winner-take-all economy, working poor, working-age population, zero-sum game

“It’s Not Your Imagination: Things Are More Expensive Than They Were 10 Years Ago.” CNBC, April 25, 2017. https://www.cnbc.com/2017/04/24/things-are-more-expensive-than-they-were-10-years-ago.html. Bregman, Rutger. “Poverty Isn’t a Lack of Character; It’s a Lack of Cash.” TED Talks, 2017. https://www.ted.com/talks/rutger_bregman_poverty_isn_t_a_lack_of_character_it_s_a_lack_of_cash/transcript?language=en. ———. Utopia for Realists: The Case for a Universal Basic Income, Open Borders, and a 15-Hour Workweek. Translated by Elizabeth Manton. The Correspondent, 2016. Bridgman, Benjamin, Andrew Dugan, Mikhael Lal, Matthew Osborne, and Shaunda Villones.


pages: 256 words: 73,068

12 Bytes: How We Got Here. Where We Might Go Next by Jeanette Winterson

"Margaret Hamilton" Apollo, "World Economic Forum" Davos, 3D printing, Ada Lovelace, Airbnb, Albert Einstein, Alignment Problem, Amazon Mechanical Turk, Anthropocene, Apollo 11, Apple's 1984 Super Bowl advert, artificial general intelligence, Asilomar, augmented reality, autonomous vehicles, basic income, Big Tech, bitcoin, Bletchley Park, blockchain, Boston Dynamics, call centre, Cambridge Analytica, Capital in the Twenty-First Century by Thomas Piketty, cashless society, Charles Babbage, computer age, Computing Machinery and Intelligence, coronavirus, COVID-19, CRISPR, cryptocurrency, dark matter, Dava Sobel, David Graeber, deep learning, deskilling, digital rights, discovery of DNA, Dominic Cummings, Donald Trump, double helix, driverless car, Elon Musk, fake news, flying shuttle, friendly AI, gender pay gap, global village, Grace Hopper, Gregor Mendel, hive mind, housing crisis, Internet of things, Isaac Newton, Jacquard loom, James Hargreaves, Jeff Bezos, Johannes Kepler, John von Neumann, Joseph-Marie Jacquard, Kickstarter, Large Hadron Collider, life extension, lockdown, lone genius, Mark Zuckerberg, means of production, microdosing, more computing power than Apollo, move fast and break things, natural language processing, Nick Bostrom, Norbert Wiener, off grid, OpenAI, operation paperclip, packet switching, Peter Thiel, pink-collar, Plato's cave, public intellectual, QAnon, QWERTY keyboard, Ray Kurzweil, rewilding, ride hailing / ride sharing, Rutger Bregman, Sam Altman, self-driving car, sharing economy, Sheryl Sandberg, Shoshana Zuboff, Silicon Valley, Skype, Snapchat, SoftBank, SpaceX Starlink, speech recognition, spinning jenny, stem cell, Stephen Hawking, Steve Bannon, Steve Jobs, Steven Levy, Steven Pinker, superintelligent machines, surveillance capitalism, synthetic biology, systems thinking, tech billionaire, tech worker, TED Talk, telepresence, telepresence robot, TikTok, trade route, Turing test, universal basic income, Virgin Galactic, Watson beat the top human players on Jeopardy!, women in the workforce, Y Combinator

Wells, 1898 People, Power, and Profits: Progressive Capitalism for an Age of Discontent, Joseph Stiglitz, 2019 The Sixth Extinction: An Unnatural History, Elizabeth Kolbert, 2014 Utopia for Realists: The Case for a Universal Basic Income, Open Borders, and a 15-hour Workweek, 2014, and Humankind: A Hopeful History, 2019, Rutger Bregman Notes from an Apocalypse: A Personal Journey to the End of the World and Back, Mark O’Connell, 2020 The Better Angels of Our Nature: Why Violence Has Declined, Steven Pinker, 2011 Blockchain Chicken Farm: And Other Stories of Tech in China’s Countryside, Xiaowei Wang, 2020 Life 3.0: Being Human in the Age of Artificial Intelligence, Max Tegmark, 2017 The Alignment Problem: How Can Machines Learn Human Values?


pages: 292 words: 85,151

Exponential Organizations: Why New Organizations Are Ten Times Better, Faster, and Cheaper Than Yours (And What to Do About It) by Salim Ismail, Yuri van Geest

23andMe, 3D printing, Airbnb, Amazon Mechanical Turk, Amazon Web Services, anti-fragile, augmented reality, autonomous vehicles, Baxter: Rethink Robotics, behavioural economics, Ben Horowitz, bike sharing, bioinformatics, bitcoin, Black Swan, blockchain, Blue Ocean Strategy, book value, Burning Man, business intelligence, business process, call centre, chief data officer, Chris Wanstrath, circular economy, Clayton Christensen, clean water, cloud computing, cognitive bias, collaborative consumption, collaborative economy, commoditize, corporate social responsibility, cross-subsidies, crowdsourcing, cryptocurrency, dark matter, data science, Dean Kamen, deep learning, DeepMind, dematerialisation, discounted cash flows, disruptive innovation, distributed ledger, driverless car, Edward Snowden, Elon Musk, en.wikipedia.org, Ethereum, ethereum blockchain, fail fast, game design, gamification, Google Glasses, Google Hangouts, Google X / Alphabet X, gravity well, hiring and firing, holacracy, Hyperloop, industrial robot, Innovator's Dilemma, intangible asset, Internet of things, Iridium satellite, Isaac Newton, Jeff Bezos, Joi Ito, Kevin Kelly, Kickstarter, knowledge worker, Kodak vs Instagram, Law of Accelerating Returns, Lean Startup, life extension, lifelogging, loose coupling, loss aversion, low earth orbit, Lyft, Marc Andreessen, Mark Zuckerberg, market design, Max Levchin, means of production, Michael Milken, minimum viable product, natural language processing, Netflix Prize, NetJets, Network effects, new economy, Oculus Rift, offshore financial centre, PageRank, pattern recognition, Paul Graham, paypal mafia, peer-to-peer, peer-to-peer model, Peter H. Diamandis: Planetary Resources, Peter Thiel, Planet Labs, prediction markets, profit motive, publish or perish, radical decentralization, Ray Kurzweil, recommendation engine, RFID, ride hailing / ride sharing, risk tolerance, Ronald Coase, Rutger Bregman, Salesforce, Second Machine Age, self-driving car, sharing economy, Silicon Valley, skunkworks, Skype, smart contracts, Snapchat, social software, software is eating the world, SpaceShipOne, speech recognition, stealth mode startup, Stephen Hawking, Steve Jobs, Steve Jurvetson, subscription business, supply-chain management, synthetic biology, TaskRabbit, TED Talk, telepresence, telepresence robot, the long tail, Tony Hsieh, transaction costs, Travis Kalanick, Tyler Cowen, Tyler Cowen: Great Stagnation, uber lyft, urban planning, Virgin Galactic, WikiLeaks, winner-take-all economy, X Prize, Y Combinator, zero-sum game

Without their input, the book would have been finished in half the time (and would have been a tenth as good): Dave Blakely, ErnstJan Bouter, Leen Breevoort, Marc van der Chijs, Martin Voorzanger, Wassili Bertoen, Erwin Blom, Kees van Nunen, Louise Doorn, Gerd Leonhard, Ajit Jaokar, Paul van Liempt, Jan Fred van Wijnen, Rutger Bregman, Joe Pine II, Anders Hvid, Pepijn Vloemans, Wouter van Noort, Marc Fonteijn, Raymond Perrenet, Bart van de Laak, Pascale Scheurer, Hood Whitson, Nicoletta Iacobacci, Sonal Shah, Michelle LaPierre, Nilofer Merchant, Yonatan Adiri, Vince Daranyi, Jabeen Quadir, VJ Anma, Joel Richman, Kent Langley, Nathalie Trutmann, Gulay Ozkan, James Donnelly, Johnny Walker, Eitan Eliram, Eric Ezechielli, Howard Baskin, Andrew Vaz, Russ Howell, Lawton Langford, Steve Leveen, Diane Francis, Sasha Grujicic and Carin Watson.


pages: 326 words: 91,559

Everything for Everyone: The Radical Tradition That Is Shaping the Next Economy by Nathan Schneider

1960s counterculture, Aaron Swartz, Adam Curtis, Affordable Care Act / Obamacare, Airbnb, altcoin, Amazon Mechanical Turk, antiwork, back-to-the-land, basic income, Berlin Wall, Bernie Sanders, bitcoin, Black Lives Matter, blockchain, Brewster Kahle, Burning Man, Capital in the Twenty-First Century by Thomas Piketty, carbon footprint, carbon tax, Clayton Christensen, collaborative economy, collective bargaining, commons-based peer production, Community Supported Agriculture, corporate governance, creative destruction, crowdsourcing, cryptocurrency, Debian, degrowth, disruptive innovation, do-ocracy, Donald Knuth, Donald Trump, Edward Snowden, Elon Musk, emotional labour, Ethereum, ethereum blockchain, Evgeny Morozov, Fairphone, Food sovereignty, four colour theorem, future of work, Gabriella Coleman, gentrification, gig economy, Google bus, holacracy, hydraulic fracturing, initial coin offering, intentional community, Internet Archive, Jeff Bezos, Jeremy Corbyn, jimmy wales, John Perry Barlow, joint-stock company, Joseph Schumpeter, Julian Assange, Kevin Roose, Kickstarter, low interest rates, Lyft, M-Pesa, Marc Andreessen, Mark Zuckerberg, Marshall McLuhan, mass immigration, means of production, Money creation, multi-sided market, Murray Bookchin, new economy, offshore financial centre, old-boy network, Peter H. Diamandis: Planetary Resources, Pier Paolo Pasolini, post-work, precariat, premature optimization, pre–internet, profit motive, race to the bottom, Richard Florida, Richard Stallman, ride hailing / ride sharing, Rutger Bregman, Salesforce, Sam Altman, Satoshi Nakamoto, self-driving car, shareholder value, sharing economy, Silicon Valley, Slavoj Žižek, smart contracts, Steve Bannon, Steve Jobs, Steve Wozniak, Stewart Brand, surveillance capitalism, tech worker, TED Talk, transaction costs, Turing test, Uber and Lyft, uber lyft, underbanked, undersea cable, universal basic income, Upton Sinclair, Vanguard fund, Vitalik Buterin, W. E. B. Du Bois, white flight, Whole Earth Catalog, WikiLeaks, women in the workforce, working poor, workplace surveillance , Y Combinator, Y2K, Zipcar

Kevin Roose, “In Conversation: Marc Andreessen,” New York (October 19, 2014); Sam Altman, “Technology and Wealth Inequality” (January 28, 2014), blog.samaltman.com/technology-and-wealth-inequality. 14. Recent overviews of universal basic income include Philippe Van Parijs and Yannick Vanderborght, Basic Income: A Radical Proposal for a Free Society and a Sane Economy (Harvard University Press, 2017), and Rutger Bregman, Utopia for Realists: How We Can Build the Ideal World (Little, Brown, 2017). 15. Marshall Brain, Manna: Two Views of Humanity’s Future (2012), marshallbrain.com/manna1.htm; for another perspective on parallels between basic income and venture capital, see Steve Randy Waldman, “VC for the People” (April 16, 2014), interfluidity.com/v2/5066.html. 16.


pages: 318 words: 91,957

The Man Who Broke Capitalism: How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America—and How to Undo His Legacy by David Gelles

"Friedman doctrine" OR "shareholder theory", "World Economic Forum" Davos, 3D printing, accounting loophole / creative accounting, Adam Neumann (WeWork), air traffic controllers' union, Alan Greenspan, Andrei Shleifer, Bear Stearns, benefit corporation, Bernie Sanders, Big Tech, big-box store, Black Monday: stock market crash in 1987, Boeing 737 MAX, call centre, carbon footprint, Carl Icahn, collateralized debt obligation, Colonization of Mars, company town, coronavirus, corporate governance, corporate raider, corporate social responsibility, COVID-19, Credit Default Swap, credit default swaps / collateralized debt obligations, disinformation, Donald Trump, financial deregulation, financial engineering, fulfillment center, gig economy, global supply chain, Gordon Gekko, greed is good, income inequality, inventory management, It's morning again in America, Jeff Bezos, junk bonds, Kaizen: continuous improvement, Kickstarter, Lean Startup, low interest rates, Lyft, manufacturing employment, Mark Zuckerberg, Michael Milken, Neil Armstrong, new economy, operational security, profit maximization, profit motive, public intellectual, QAnon, race to the bottom, Ralph Nader, remote working, Robert Bork, Ronald Reagan, Rutger Bregman, self-driving car, shareholder value, side hustle, Silicon Valley, six sigma, Social Responsibility of Business Is to Increase Its Profits, Steve Ballmer, stock buybacks, subprime mortgage crisis, TaskRabbit, technoutopianism, Travis Kalanick, Uber and Lyft, uber lyft, warehouse robotics, Watson beat the top human players on Jeopardy!, We are the 99%, WeWork, women in the workforce

“Business Roundtable: Your 2019 Commitment”: “Senator Warren to Business Roundtable: Your 2019 Commitment to ‘Promote an Economy that Serves all Americans’ Was an Empty Publicity Stunt,” Elizabeth Warren, September 17, 2020, https://www.warren.senate.gov/newsroom/press-releases/senator-warren-to-business-roundtable-your-2019-commitment-to-promote-an-economy-that-serves-all-americans-was-an-empty-publicity-stunt. “I’m the guy”: David Gelles, “Jeff Immelt Oversaw the Downfall of G.E. Now He’d Like You to Read His Book.,” New York Times, February 5, 2021, https://www.nytimes.com/2021/02/05/business/jeff-immelt-general-electric-corner-office.html, and Immelt, interview. “a generation or even more”: Rutger Bregman, “The neoliberal era is ending. What comes next?,” The Correspondent, May 14, 2020, https://thecorrespondent.com/466/the-neoliberal-era-is-ending-what-comes-next/61655148676-a00ee89a. INDEX A note about the index: The pages referenced in this index refer to the page numbers in the print edition.


pages: 375 words: 105,586

A Small Farm Future: Making the Case for a Society Built Around Local Economies, Self-Provisioning, Agricultural Diversity and a Shared Earth by Chris Smaje

agricultural Revolution, Airbnb, Alfred Russel Wallace, back-to-the-land, barriers to entry, biodiversity loss, Black Lives Matter, Boris Johnson, carbon footprint, circular economy, clean water, climate change refugee, collaborative consumption, Corn Laws, COVID-19, David Ricardo: comparative advantage, decarbonisation, degrowth, deindustrialization, dematerialisation, demographic transition, Deng Xiaoping, Donald Trump, energy transition, European colonialism, Extinction Rebellion, failed state, fake news, financial deregulation, financial independence, Food sovereignty, Ford Model T, future of work, Gail Bradbrook, garden city movement, Garrett Hardin, gentrification, global pandemic, Great Leap Forward, green new deal, Hans Rosling, hive mind, intentional community, Intergovernmental Panel on Climate Change (IPCC), invisible hand, Jevons paradox, land reform, mass immigration, megacity, middle-income trap, Murray Bookchin, Naomi Klein, Peace of Westphalia, peak oil, post-industrial society, precariat, profit maximization, profit motive, rent-seeking, rewilding, Rutger Bregman, Silicon Valley, Silicon Valley billionaire, Steven Pinker, Stewart Brand, Ted Nordhaus, the scientific method, The Wealth of Nations by Adam Smith, Tragedy of the Commons, transaction costs, vertical integration, Washington Consensus, Wolfgang Streeck, zero-sum game

To be modern is a cultural time orientation to the present and toward the future’ (emphasis in the original).142 It’s a nice definition, one that I’m happy to identify with as a ‘modern’ myself. But note that being unbound by the past isn’t the same as defying, ridiculing or measuring oneself against it. And yet this looms large in many writings that celebrate the virtues of the modern. For example, Rutger Bregman tells us that ‘in the past, everything was worse. For roughly 99% of the world’s history, 99% of humanity was poor, hungry, dirty, afraid, stupid, sick and ugly,’ while Anthony Warner makes the bold and conveniently untestable assertion that ‘every society that has ever existed would eagerly swap their lives with someone living in the developed world today’.


pages: 410 words: 119,823

Radical Technologies: The Design of Everyday Life by Adam Greenfield

3D printing, Airbnb, algorithmic bias, algorithmic management, AlphaGo, augmented reality, autonomous vehicles, bank run, barriers to entry, basic income, bitcoin, Black Lives Matter, blockchain, Boston Dynamics, business intelligence, business process, Californian Ideology, call centre, cellular automata, centralized clearinghouse, centre right, Chuck Templeton: OpenTable:, circular economy, cloud computing, Cody Wilson, collective bargaining, combinatorial explosion, Computer Numeric Control, computer vision, Conway's Game of Life, CRISPR, cryptocurrency, David Graeber, deep learning, DeepMind, dematerialisation, digital map, disruptive innovation, distributed ledger, driverless car, drone strike, Elon Musk, Ethereum, ethereum blockchain, facts on the ground, fiat currency, fulfillment center, gentrification, global supply chain, global village, Goodhart's law, Google Glasses, Herman Kahn, Ian Bogost, IBM and the Holocaust, industrial robot, informal economy, information retrieval, Internet of things, Jacob Silverman, James Watt: steam engine, Jane Jacobs, Jeff Bezos, Jeff Hawkins, job automation, jobs below the API, John Conway, John Markoff, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, John Perry Barlow, John von Neumann, joint-stock company, Kevin Kelly, Kickstarter, Kiva Systems, late capitalism, Leo Hollis, license plate recognition, lifelogging, M-Pesa, Mark Zuckerberg, means of production, megacity, megastructure, minimum viable product, money: store of value / unit of account / medium of exchange, natural language processing, Network effects, New Urbanism, Nick Bostrom, Occupy movement, Oculus Rift, off-the-grid, PalmPilot, Pareto efficiency, pattern recognition, Pearl River Delta, performance metric, Peter Eisenman, Peter Thiel, planetary scale, Ponzi scheme, post scarcity, post-work, printed gun, proprietary trading, RAND corporation, recommendation engine, RFID, rolodex, Rutger Bregman, Satoshi Nakamoto, self-driving car, sentiment analysis, shareholder value, sharing economy, Shenzhen special economic zone , Sidewalk Labs, Silicon Valley, smart cities, smart contracts, social intelligence, sorting algorithm, special economic zone, speech recognition, stakhanovite, statistical model, stem cell, technoutopianism, Tesla Model S, the built environment, The Death and Life of Great American Cities, The Future of Employment, Tony Fadell, transaction costs, Uber for X, undersea cable, universal basic income, urban planning, urban sprawl, vertical integration, Vitalik Buterin, warehouse robotics, When a measure becomes a target, Whole Earth Review, WikiLeaks, women in the workforce

See also John Danaher, “Libertarianism and the Basic Income (Part One),” Philosophical Disquisitions, December 17, 2013; Noah Gordon, “The Conservative Case for a Guaranteed Basic Income,” Atlantic, August 2014. 50.Mike Alberti and Kevin C. Brown. “Guaranteed Income’s Moment in the Sun,” Remapping Debate, April 24, 2013, remappingdebate.org; Rutger Bregman, “Nixon’s Basic Income Plan,” Jacobin, May 5, 2016. 51.Will Grice, “Finland Plans to Give Every Citizen 800 Euros a Month and Scrap Benefits,” Independent, December 6, 2015; Tracy Brown Hamilton, “The Netherlands’ Upcoming Money-for-Nothing Experiment,” Atlantic, June 21, 2016. 52.John Danaher, “Will Life Be Worth Living in a World Without Work?


pages: 385 words: 123,168

Bullshit Jobs: A Theory by David Graeber

1960s counterculture, active measures, antiwork, basic income, Berlin Wall, Bernie Sanders, Bertrand Russell: In Praise of Idleness, Black Lives Matter, Bretton Woods, Buckminster Fuller, business logic, call centre, classic study, cognitive dissonance, collateralized debt obligation, data science, David Graeber, do what you love, Donald Trump, emotional labour, equal pay for equal work, full employment, functional programming, global supply chain, High speed trading, hiring and firing, imposter syndrome, independent contractor, informal economy, Jarndyce and Jarndyce, Jarndyce and Jarndyce, job automation, John Maynard Keynes: technological unemployment, knowledge worker, moral panic, Post-Keynesian economics, post-work, precariat, Rutger Bregman, scientific management, Silicon Valley, Silicon Valley startup, single-payer health, software as a service, telemarketer, The Future of Employment, Thorstein Veblen, too big to fail, Travis Kalanick, universal basic income, unpaid internship, wage slave, wages for housework, women in the workforce, working poor, Works Progress Administration, young professional, éminence grise

It’s also worth noting that Belgium does have seven different regional governments that were unaffected. 11. Caitlin Huston, “Uber IPO Prospects May Be Helped by Resignation of CEO Travis Kalanick,” MarketWatch, last modified June 22, 2017, www.marketwatch.com/story/uber-ipo-prospects-may-be-helped-by-resignation-of-ceo-travis-kalanick-2017-06-21. 12. Rutger Bregman, Utopia for Realists: The Case for Universal Basic Income, Open Borders, and a 15-Hour Workweek (New York: Little, Brown, 2017). Even police strikes rarely have the anticipated effects. In December 2015 New York police carried out a work stoppage for all but “urgent” police business; there was no effect on crime rate, but city revenues plummeted owing to the lack of fines for traffic violation and similar infractions.


pages: 497 words: 123,778

The People vs. Democracy: Why Our Freedom Is in Danger and How to Save It by Yascha Mounk

Abraham Maslow, affirmative action, Affordable Care Act / Obamacare, An Inconvenient Truth, Andrew Keen, basic income, battle of ideas, Black Lives Matter, Boris Johnson, Branko Milanovic, Bretton Woods, business cycle, Capital in the Twenty-First Century by Thomas Piketty, carried interest, Cass Sunstein, central bank independence, centre right, classic study, clean water, cognitive bias, conceptual framework, critical race theory, David Brooks, deindustrialization, demographic transition, desegregation, disinformation, Donald Trump, en.wikipedia.org, Evgeny Morozov, fake news, Francis Fukuyama: the end of history, gentrification, German hyperinflation, gig economy, Gini coefficient, Herbert Marcuse, Home mortgage interest deduction, housing crisis, income inequality, invention of the printing press, invention of the steam engine, investor state dispute settlement, Jeremy Corbyn, job automation, Joseph Schumpeter, land value tax, low skilled workers, Lyft, manufacturing employment, Mark Zuckerberg, mass immigration, microaggression, mortgage tax deduction, Naomi Klein, new economy, offshore financial centre, open borders, Parag Khanna, plutocrats, post-materialism, price stability, ride hailing / ride sharing, rising living standards, Ronald Reagan, Rosa Parks, Rutger Bregman, secular stagnation, sharing economy, Steve Bannon, Thomas L Friedman, Tyler Cowen, Tyler Cowen: Great Stagnation, Uber and Lyft, uber lyft, universal basic income, upwardly mobile, World Values Survey, zero-sum game

See Karl Marx, “German Ideology,” in Karl Marx, Early Political Writings, ed. Joseph J. O’Malley (Cambridge: Cambridge University Press, 1994), 132; and Herbert Marcuse, An Essay on Liberation (Boston: Beacon Press, 1969), especially p. 6. For a more recent take in a somewhat similar vein, see Rutger Bregman, Utopia for Realists: The Case for a Universal Basic Income, Open Borders, and a 15-hour Workweek (New York: Little, Brown and Company, 2017). 14. As the 2018 World Inequality Report chronicles, there is a lot of variation in the degree to which different countries have allowed their citizens to share in the growth of the local economy.


pages: 451 words: 125,201

What We Owe the Future: A Million-Year View by William MacAskill

Ada Lovelace, agricultural Revolution, Albert Einstein, Alignment Problem, AlphaGo, artificial general intelligence, Bartolomé de las Casas, Bletchley Park, British Empire, Brownian motion, carbon footprint, carbon tax, charter city, clean tech, coronavirus, COVID-19, cuban missile crisis, decarbonisation, deep learning, DeepMind, Deng Xiaoping, different worldview, effective altruism, endogenous growth, European colonialism, experimental subject, feminist movement, framing effect, friendly AI, global pandemic, GPT-3, hedonic treadmill, Higgs boson, income inequality, income per capita, Indoor air pollution, Intergovernmental Panel on Climate Change (IPCC), Isaac Newton, Islamic Golden Age, iterative process, Jeff Bezos, job satisfaction, lab leak, Lao Tzu, Large Hadron Collider, life extension, lockdown, long peace, low skilled workers, machine translation, Mars Rover, negative emissions, Nick Bostrom, nuclear winter, OpenAI, Peter Singer: altruism, Peter Thiel, QWERTY keyboard, Robert Gordon, Rutger Bregman, Sam Altman, seminal paper, Shenzhen special economic zone , Shenzhen was a fishing village, Silicon Valley, special economic zone, speech recognition, Stanislav Petrov, stem cell, Steven Pinker, strong AI, synthetic biology, total factor productivity, transatlantic slave trade, Tyler Cowen, William MacAskill, women in the workforce, working-age population, World Values Survey, Y Combinator

And I want to acknowledge those who had a particularly profound impact on my broader thinking about longtermism, especially Toby Ord, Holden Karnofsky, Carl Shulman, and Hilary Greaves. Their influence on me is so thoroughgoing that it permeates every chapter. I got particularly helpful advice on writing style and structure from Brian Christian, Dylan Matthews, Jim Davies, Larissa MacFarquhar, Rutger Bregman, and Max Roser. I have also benefited immensely from thoughtful and detailed comments on the book from dozens of expert reviewers. This book draws on everything from paleoclimatology to the history of Confucianism. I could not have hoped to do this range of topics justice without feedback and advice from topic experts: Dr Leslie Abrahams (climate change), Dr Wladimir Alonso (animal welfare), Prof.


pages: 371 words: 122,273

Tenants: The People on the Frontline of Britain's Housing Emergency by Vicky Spratt

Airbnb, Albert Einstein, basic income, Big bang: deregulation of the City of London, Black Lives Matter, Boris Johnson, British Empire, Buy land – they’re not making it any more, call centre, Capital in the Twenty-First Century by Thomas Piketty, centre right, clean water, coronavirus, COVID-19, credit crunch, cryptocurrency, edge city, en.wikipedia.org, full employment, garden city movement, gender pay gap, gentrification, gig economy, global pandemic, housing crisis, Housing First, illegal immigration, income inequality, Induced demand, Jane Jacobs, Jeremy Corbyn, land bank, land reform, land value tax, lockdown, longitudinal study, low interest rates, mass immigration, mega-rich, meta-analysis, negative equity, Overton Window, Own Your Own Home, plutocrats, quantitative easing, rent control, Right to Buy, Rishi Sunak, Rutger Bregman, side hustle, social distancing, stop buying avocado toast, the built environment, The Death and Life of Great American Cities, The Spirit Level, The Wealth of Nations by Adam Smith, trickle-down economics, universal basic income, urban planning, urban renewal, working-age population, young professional, zero-sum game

They are all worth taking a look at if you are interested in housing, wealth, class, compassion as a political resource and the origins of Britain’s welfare state. John Boughton, Municipal Dreams: The Rise and Fall of Council Housing (London: Verso, 2018) Pierre Bourdieu, On Television, tr. Priscilla Parkhurst Ferguson (1996; New York: The New Press, 1998) Rutger Bregman, Utopia for Realists: And How We Can Get There (London: Bloomsbury, 2017) Emma Dabiri, What White People Can Do Next: From Allyship to Coalition (Penguin, 2021) Matthew Desmond, Evicted: Poverty and Profit in the American City (London: Penguin, 2016) Friedrich Engels, The Condition of the Working Class in England (1845; London: Penguin Classics, 2009) Derek Fraser, The Evolution of the British Welfare State (London: Macmillan, 1973) Ruth Glass, London: Aspects of Change (London: MacGibbon & Kee, 1964) Lynsey Hanley, Estates: An Intimate History (London: Granta, 2007; revised edition, 2012) bell hooks, ‘Homeplace: A Site of Resistance’ in Undoing Place?


pages: 439 words: 131,081

The Chaos Machine: The Inside Story of How Social Media Rewired Our Minds and Our World by Max Fisher

2021 United States Capitol attack, 4chan, A Declaration of the Independence of Cyberspace, Airbnb, Bellingcat, Ben Horowitz, Bernie Sanders, Big Tech, Bill Gates: Altair 8800, bitcoin, Black Lives Matter, call centre, centre right, cloud computing, Comet Ping Pong, Computer Lib, coronavirus, COVID-19, crisis actor, crowdsourcing, dark pattern, data science, deep learning, deliberate practice, desegregation, disinformation, domesticated silver fox, Donald Trump, Douglas Engelbart, Douglas Engelbart, end-to-end encryption, fake news, Filter Bubble, Future Shock, game design, gamification, George Floyd, growth hacking, Hacker Conference 1984, Hacker News, hive mind, illegal immigration, Jeff Bezos, John Perry Barlow, Jon Ronson, Joseph Schumpeter, Julian Assange, Kevin Roose, lockdown, Lyft, Marc Andreessen, Mark Zuckerberg, Max Levchin, military-industrial complex, Oklahoma City bombing, Parler "social media", pattern recognition, Paul Graham, Peter Thiel, profit maximization, public intellectual, QAnon, recommendation engine, ride hailing / ride sharing, Rutger Bregman, Saturday Night Live, Sheryl Sandberg, side project, Silicon Valley, Silicon Valley ideology, Silicon Valley startup, Snapchat, social distancing, Social Justice Warrior, social web, Startup school, Stephen Hawking, Steve Bannon, Steve Jobs, Steve Wozniak, Steven Levy, Stewart Brand, Susan Wojcicki, tech billionaire, tech worker, Ted Nelson, TED Talk, TikTok, Uber and Lyft, uber lyft, Whole Earth Catalog, WikiLeaks, Y Combinator

Its progenitor, Robin Dunbar, provides a useful overview in “Dunbar’s Number: Why My Theory That Humans Can Only Maintain 150 Friendships Has Withstood 30 Years of Scrutiny,” The Conversation, May 12, 2021. 23 “survival of the friendliest”: Survival of the Friendliest, Brian Hare and Vanessa Woods, 2021. 24 We process that information: Further discussion of these emotions’ uniquely human origins and function in Humankind: A Hopeful History, Rutger Bregman, 2019. 25 “Even though at the time”: “The Binge Breaker,” Bianca Bosker, The Atlantic, November 2016. 26 “that button having a number”: “Jack Dorsey on Twitter’s Mistakes,” The Daily, a New York Times podcast, August 7, 2020. 27 neural activity flares: Unless noted otherwise, all references to the neurological effects of social media use in this section draw from the research of Dar Meshi, a Michigan State University neuroscientist.


pages: 519 words: 155,332

Tailspin: The People and Forces Behind America's Fifty-Year Fall--And Those Fighting to Reverse It by Steven Brill

"Friedman doctrine" OR "shareholder theory", "World Economic Forum" Davos, 2013 Report for America's Infrastructure - American Society of Civil Engineers - 19 March 2013, activist fund / activist shareholder / activist investor, affirmative action, Affordable Care Act / Obamacare, airport security, American Society of Civil Engineers: Report Card, asset allocation, behavioural economics, Bernie Madoff, Bernie Sanders, Blythe Masters, Bretton Woods, business process, call centre, Capital in the Twenty-First Century by Thomas Piketty, carbon tax, Carl Icahn, carried interest, clean water, collapse of Lehman Brothers, collective bargaining, computerized trading, corporate governance, corporate raider, corporate social responsibility, Credit Default Swap, currency manipulation / currency intervention, deal flow, Donald Trump, electricity market, ending welfare as we know it, failed state, fake news, financial deregulation, financial engineering, financial innovation, future of work, ghettoisation, Glass-Steagall Act, Gordon Gekko, hiring and firing, Home mortgage interest deduction, immigration reform, income inequality, invention of radio, job automation, junk bonds, knowledge economy, knowledge worker, labor-force participation, laissez-faire capitalism, low interest rates, Mahatma Gandhi, Mark Zuckerberg, Michael Milken, military-industrial complex, mortgage tax deduction, Neil Armstrong, new economy, Nixon triggered the end of the Bretton Woods system, obamacare, old-boy network, opioid epidemic / opioid crisis, paper trading, Paris climate accords, performance metric, post-work, Potemkin village, Powell Memorandum, proprietary trading, quantitative hedge fund, Ralph Nader, ride hailing / ride sharing, Robert Bork, Robert Gordon, Robert Mercer, Ronald Reagan, Rutger Bregman, Salesforce, shareholder value, Silicon Valley, Social Responsibility of Business Is to Increase Its Profits, stock buybacks, Tax Reform Act of 1986, tech worker, telemarketer, too big to fail, trade liberalization, union organizing, Unsafe at Any Speed, War on Poverty, women in the workforce, working poor

a sudden $400 expense: See the Federal Reserve’s “Report on the Economic Well-Being of U.S. Households in 2016”: https://www.federalreserve.gov/​consumers­communities/​shed.htm. Nixon approved a proposal: “Floor Under Income,” New York Times, December 25, 1973, http://www.nytimes.com/​1973/​12/​25/​archives/​floor-under-income.html?_r=0. See also Rutger Bregman, “Nixon’s Basic Income Plan,” Jacobin, May 5, 2016, https://www.jacobinmag.com/​2016/​05/​richard-nixon-ubi-basic-income-welfare/. attacking “welfare queens”: See this 1976 article in The New York Times discussing the issue of “welfare queens” in the election: http://www.nytimes.com/​1976/​02/​15/​archives/​welfare-queen-becomes-issue-in-reagan-campaign-hitting-a-nerve-now.html.


pages: 561 words: 157,589

WTF?: What's the Future and Why It's Up to Us by Tim O'Reilly

"Friedman doctrine" OR "shareholder theory", 4chan, Affordable Care Act / Obamacare, Airbnb, AlphaGo, Alvin Roth, Amazon Mechanical Turk, Amazon Robotics, Amazon Web Services, AOL-Time Warner, artificial general intelligence, augmented reality, autonomous vehicles, barriers to entry, basic income, behavioural economics, benefit corporation, Bernie Madoff, Bernie Sanders, Bill Joy: nanobots, bitcoin, Blitzscaling, blockchain, book value, Bretton Woods, Brewster Kahle, British Empire, business process, call centre, Capital in the Twenty-First Century by Thomas Piketty, Captain Sullenberger Hudson, carbon tax, Carl Icahn, Chuck Templeton: OpenTable:, Clayton Christensen, clean water, cloud computing, cognitive dissonance, collateralized debt obligation, commoditize, computer vision, congestion pricing, corporate governance, corporate raider, creative destruction, CRISPR, crowdsourcing, Danny Hillis, data acquisition, data science, deep learning, DeepMind, Demis Hassabis, Dennis Ritchie, deskilling, DevOps, Didi Chuxing, digital capitalism, disinformation, do well by doing good, Donald Davies, Donald Trump, Elon Musk, en.wikipedia.org, Erik Brynjolfsson, fake news, Filter Bubble, Firefox, Flash crash, Free Software Foundation, fulfillment center, full employment, future of work, George Akerlof, gig economy, glass ceiling, Glass-Steagall Act, Goodhart's law, Google Glasses, Gordon Gekko, gravity well, greed is good, Greyball, Guido van Rossum, High speed trading, hiring and firing, Home mortgage interest deduction, Hyperloop, income inequality, independent contractor, index fund, informal economy, information asymmetry, Internet Archive, Internet of things, invention of movable type, invisible hand, iterative process, Jaron Lanier, Jeff Bezos, jitney, job automation, job satisfaction, John Bogle, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, John Zimmer (Lyft cofounder), Kaizen: continuous improvement, Ken Thompson, Kevin Kelly, Khan Academy, Kickstarter, Kim Stanley Robinson, knowledge worker, Kodak vs Instagram, Lao Tzu, Larry Ellison, Larry Wall, Lean Startup, Leonard Kleinrock, Lyft, machine readable, machine translation, Marc Andreessen, Mark Zuckerberg, market fundamentalism, Marshall McLuhan, McMansion, microbiome, microservices, minimum viable product, mortgage tax deduction, move fast and break things, Network effects, new economy, Nicholas Carr, Nick Bostrom, obamacare, Oculus Rift, OpenAI, OSI model, Overton Window, packet switching, PageRank, pattern recognition, Paul Buchheit, peer-to-peer, peer-to-peer model, Ponzi scheme, post-truth, race to the bottom, Ralph Nader, randomized controlled trial, RFC: Request For Comment, Richard Feynman, Richard Stallman, ride hailing / ride sharing, Robert Gordon, Robert Metcalfe, Ronald Coase, Rutger Bregman, Salesforce, Sam Altman, school choice, Second Machine Age, secular stagnation, self-driving car, SETI@home, shareholder value, Silicon Valley, Silicon Valley startup, skunkworks, Skype, smart contracts, Snapchat, Social Responsibility of Business Is to Increase Its Profits, social web, software as a service, software patent, spectrum auction, speech recognition, Stephen Hawking, Steve Ballmer, Steve Jobs, Steven Levy, Stewart Brand, stock buybacks, strong AI, synthetic biology, TaskRabbit, telepresence, the built environment, the Cathedral and the Bazaar, The future is already here, The Future of Employment, the map is not the territory, The Nature of the Firm, The Rise and Fall of American Growth, The Wealth of Nations by Adam Smith, Thomas Davenport, Tony Fadell, Tragedy of the Commons, transaction costs, transcontinental railway, transportation-network company, Travis Kalanick, trickle-down economics, two-pizza team, Uber and Lyft, Uber for X, uber lyft, ubercab, universal basic income, US Airways Flight 1549, VA Linux, warehouse automation, warehouse robotics, Watson beat the top human players on Jeopardy!, We are the 99%, web application, Whole Earth Catalog, winner-take-all economy, women in the workforce, Y Combinator, yellow journalism, zero-sum game, Zipcar

Meanwhile, that productivity should also provide goods at ever-lower costs, increasing the value of the citizen’s dividend. This is the world of prosperity that Keynes envisioned for his grandchildren. How might we pay for a universal basic income? The entire amount the United States federal government spends on social welfare programs—$668 billion in 2014—would amount to only $2,400 per person. Rutger Bregman, the author of Utopia for Realists, a book about basic income, divides the pie differently, pointing out that rather than providing an income to those who don’t need it, we could use a negative income tax to give cash only to those who actually need it. Writers Matt Bruenig and Elizabeth Stoker calculated that in 2013, the amount needed to bring all of the Americans living below the poverty line up to at least its level would cost only $175 billion.


Basic Income: A Radical Proposal for a Free Society and a Sane Economy by Philippe van Parijs, Yannick Vanderborght

Airbnb, Albert Einstein, basic income, Berlin Wall, Bertrand Russell: In Praise of Idleness, carbon tax, centre right, collective bargaining, cryptocurrency, David Graeber, declining real wages, degrowth, diversified portfolio, Edward Snowden, eurozone crisis, Fall of the Berlin Wall, feminist movement, full employment, future of work, George Akerlof, Herbert Marcuse, illegal immigration, income per capita, informal economy, Jeremy Corbyn, job automation, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, Kickstarter, Marshall McLuhan, means of production, minimum wage unemployment, Money creation, open borders, Paul Samuelson, pension reform, Post-Keynesian economics, precariat, price mechanism, profit motive, purchasing power parity, quantitative easing, race to the bottom, road to serfdom, Robert Solow, Rutger Bregman, Second Machine Age, secular stagnation, selection bias, sharing economy, sovereign wealth fund, systematic bias, The Spirit Level, The Wealth of Nations by Adam Smith, Thomas Malthus, Tobin tax, universal basic income, urban planning, urban renewal, War on Poverty, working poor

See, for example, Gupta 2014 for arguments relating in parÂ�ticÂ�uÂ�lar to India; Matthews 2014 on the basis of a controlled experiment in Mexico; Cunha 2014; Salemi-Â�Isfahani 2014:9 in connection with Iran’s cash transfer program; and Hanlon et al. 2010 for a forceful plea on the basis of a broad overview. 22. Even food vouchers can have a depressing effect on the local economy if the latter is largely informal, and hence at a disadvantage in being recognized as entitled to accept earmarked vouchers. 23. As Rutger Bregman (2016: 58) puts it: “The Â�great Â�thing about money is that Â�people can use it to buy Â�things they need, instead of Â�things that self-Â�appointed experts think they need.” By contrast, Paul and Percival Goodman (1947/1960: 200) argued for in-Â�kind provision. They believed each citizen should be entitled Â�free of charge to “food, uniform clothing, group accommodation outside metropolitan areas, medical serÂ�vice, transportation” and offered a freedom-Â�based argument for it: “If freedom is the aim, everyÂ�thing beyond the minimum must be rigorously excluded, even if it should be extremely cheap to provide; for it is more imporÂ�tant to limit poÂ�litiÂ�cal intervention than to raise the standard of living.” 252 NOTES TO PAGES 13–15 24.


pages: 976 words: 235,576

The Meritocracy Trap: How America's Foundational Myth Feeds Inequality, Dismantles the Middle Class, and Devours the Elite by Daniel Markovits

8-hour work day, activist fund / activist shareholder / activist investor, affirmative action, algorithmic management, Amazon Robotics, Anton Chekhov, asset-backed security, assortative mating, basic income, Bernie Sanders, big-box store, business cycle, capital asset pricing model, Capital in the Twenty-First Century by Thomas Piketty, Carl Icahn, carried interest, collateralized debt obligation, collective bargaining, compensation consultant, computer age, corporate governance, corporate raider, crony capitalism, David Brooks, deskilling, Detroit bankruptcy, disruptive innovation, Donald Trump, Edward Glaeser, Emanuel Derman, equity premium, European colonialism, everywhere but in the productivity statistics, fear of failure, financial engineering, financial innovation, financial intermediation, fixed income, Ford paid five dollars a day, Frederick Winslow Taylor, fulfillment center, full employment, future of work, gender pay gap, gentrification, George Akerlof, Gini coefficient, glass ceiling, Glass-Steagall Act, Greenspan put, helicopter parent, Herbert Marcuse, high net worth, hiring and firing, income inequality, industrial robot, interchangeable parts, invention of agriculture, Jaron Lanier, Jeff Bezos, job automation, job satisfaction, John Maynard Keynes: Economic Possibilities for our Grandchildren, junk bonds, Kevin Roose, Kiva Systems, knowledge economy, knowledge worker, Kodak vs Instagram, labor-force participation, Larry Ellison, longitudinal study, low interest rates, low skilled workers, machine readable, manufacturing employment, Mark Zuckerberg, Martin Wolf, mass incarceration, medical residency, meritocracy, minimum wage unemployment, Myron Scholes, Nate Silver, New Economic Geography, new economy, offshore financial centre, opioid epidemic / opioid crisis, Paul Samuelson, payday loans, plutocrats, Plutonomy: Buying Luxury, Explaining Global Imbalances, precariat, purchasing power parity, rent-seeking, Richard Florida, Robert Gordon, Robert Shiller, Robert Solow, Ronald Reagan, Rutger Bregman, savings glut, school choice, shareholder value, Silicon Valley, Simon Kuznets, six sigma, Skype, stakhanovite, stem cell, Stephen Fry, Steve Jobs, stock buybacks, supply-chain management, telemarketer, The Bell Curve by Richard Herrnstein and Charles Murray, The Theory of the Leisure Class by Thorstein Veblen, Thomas Davenport, Thorstein Veblen, too big to fail, total factor productivity, transaction costs, traveling salesman, universal basic income, unpaid internship, Vanguard fund, War on Poverty, warehouse robotics, Winter of Discontent, women in the workforce, work culture , working poor, Yochai Benkler, young professional, zero-sum game

A legend involving Ford’s son, Henry Ford II, illustrates the same lesson with respect to automation. While showing union leader Walter Reuther around a mechanized factory in the 1960s, Ford reportedly joked, “Walter, how are you going to get those robots to pay your union dues?” Reuther reportedly answered, “Henry, how are you going to get them to buy your cars?” Rutger Bregman, “Free Money Might Be the Best Way to End Poverty,” Washington Post, December 29, 2013, accessed November 19, 2018, www.washingtonpost.com/opinions/free-money-might-be-the-best-way-to-end-poverty/2013/12/29/679c8344-5ec8-11e3-95c2-13623eb2b0e1_story.html?utm_term=.065017746030. even week to week: The average payday borrower’s annual household income is just $30,000.