Twitter Co-Founder Jack Dorsey Donated $15 M To “Mayors For A Guaranteed Income”, In Support Of UBI
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Among all of the presidential candidates in 2020, Andrew Yang proposed the most revolutionary economic policy. His signature policy was the “Freedom Dividend,” a universal basic income (UBI) of $1,000 a month directly to every American adult (age 18 and over), unconditionally, as a response to job displacement by automation, one of the primary factors that he claims led to Donald Trump‘s election in 2016.
As an attorney and successful entrepreneur, Yang didn’t have many of the traditional presidential credentials. He had focused on boosting start-ups through his Venture for America nonprofit. Yang had built his campaign around what he calls The Freedom Dividend — a $1,000 per month “universal basic income” intended to cushion the impact of technological advances that have begun to supplant large swaths of the American workforce. Americans of every income level would receive it, with the enormous cost financed by a value-added tax under which the bottom 94% of earners would come out ahead, in the video “Andrew Yang On UBI And Human-Centered Capitalism“, below:
That is why it is terrific that Twitter Co-Founder Jack Dorsey had donated $15 million to a group of mayors, Mayors For A Guaranteed Income , to test out the concept of Universal Basic Income. Mayors For A Guaranteed Income was founded by mayor of Stockton, CA, Michael Tubbs, and is composed of 30 mayors from across the country. If any of the mayors out there is interested in learning about Mayors For A Guaranteed Income, please click HERE. If you’d like to join, please click HERE.
Michael Tubbs, Mayor of Stockton, California discusses the devastating impact the coronavirus pandemic has had financially on some and Twitter CEO Jack Dorsey donating millions to cities so that direct checks can be sent to residents in need of financial help, in the video “Coronavirus takes a financial toll: Mayor Tubbs weights in on Twitter CEO donating $15M to help “, below:
“Every single field is going to be touched by automation, and #BasicIncome to me represents a floor.” Jack Dorsey explains why it is important for America to implement Universal Basic Income (UBI), in the video “Jack Dorsey – Automation & The Need for UBI“, below:
Back in May or 2020, Jack Dorsey already donated $5 Million to Andrew Yang’s Universal Basic Income Fund.
In the video published on May 21, 2020, “Twitter CEO Jack Dorsey Donates $5Million To Andrew Yang’s Universal Basic Income Fund, CNN“, below:
Cities across the U.S. increase efforts to send payments to residents after Mayors for a Guaranteed Income received a $15 million donation from Twitter CEO Jack Dorsey. Stockton, CA Mayor Michael Tubbs joins Cheddar to discuss, in the video “Jack Dorsey’s $15 Million Helps Expand on Universal Basic Income Pilot Program”, below:
This talk was given at a local TEDx event, produced independently of the TED Conferences. Rutger Bregman (1988) studied at Utrecht University and the University of California in Los Angeles, majoring in History. In September 2013 Bregman joined the online journalism platform De Correspondent. His article on basic income was nominated for the European Press Prize and was published by The Washington Post, in the video “Why we should give everyone a basic income, Rutger Bregman, TEDxMaastricht“, below:
For better understanding of Universal Basic Income (UBI), Susan Danziger, the founder and CEO of Ziggeo, an award-winning cloud-based video technology company, talks about the concept of Universal Basic Income (UBI). She expresses her initial skepticism about it, and eventual appreciation of how it could play a major role in future of work. She explains the nuances of UBI and share the results of the survey a lot of us participated in, in the video “Understanding Universal Basic Income, Susan Danziger, TEDxUniversityofRochester“, below:
One of the most frequently asked question is, “How do we pay for UBI?Where is the money coming from?” Andrew Yang explains in the video from 2019, “UBI FAQ – How Do You Pay for a Universal Basic Income?” below:
Entrepreneur Andrew Yang answers questions from two undecided Democratic voters. NPR’s Noel King hosts. Click “Show More” below for topic timecodes, in the video “Andrew Yang Talks Universal Basic Income, Climate Change, With Undecided Voters, Off Script, NPR“, below:
Universal basic income (or UBI) is a key part of Andrew Yang’s campaign for the 2020 Democratic presidential nomination. On Monday, Tesla and SpaceX CEO Elon Musk tweeted his support for Yang’s candidacy. Musk and Yang have stated similar views on the need for universal basic income in the United States. A main tenet of Yang’s campaign platform is his pledge to provide $1,000 a month to all American citizens 18 and older. Yang refers to this payment as a “Freedom Dividend” that will become necessary as robots and automation replace humans more rapidly than people can find and be retained for new jobs. UBI is making its way from the fringes to a serious topic of debate thanks to a growing number of high profile advocates, including Elon Musk, Mark Zuckerberg and Richard Branson, and 2020 Democratic presidential candidate Andrew Yang. So far, the results of some UBI experiments have been controversial. Is America ready for universal basic income? In the video “Elon Musk And Andrew Yang Support UBI – Is America Ready?“, below:
At the moment, Andrew Yang is running for Mayor of New York City. If Andrew Yang becomes the Mayor of New York City, residents of NYC will have a much better chance of taking part in Freedom Dividend, Universal Basic Income experiment. In light of the COVID-19 pandemic, Andrew Yang’s Freedom Dividend will surely be welcomed by most residents of NYC.
Gathered, written, and posted by Windermere Sun-Susan Sun Nunamaker More about the community at www.WindermereSun.com
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