If we assume the best in people, we can radically redesign our democracy and welfare states.
Rutger BregmanRead
While it won't solve all the world's ills - and ideas such as a rent cap and more social housing are necessary in places where housing is scarce - a basic income would work like venture capital for the people.
Interpretation
A basic income can empower individuals similarly to how venture capital empowers startups, even if it doesn't address all societal issues.
In this quote, Rutger Bregman emphasizes the potential of a basic income as a transformative financial tool for individuals. He acknowledges that while a universal basic income won't resolve all societal problems, it can provide valuable support akin to venture capital, promoting entrepreneurship and innovation among the populace, particularly in contexts where resources are limited and housing struggles exist.
In practice
During a public seminar on economic reform, one might use this quote to advocate for basic income policies.
If we assume the best in people, we can radically redesign our democracy and welfare states.
Since long workdays lead to more errors, shorter workdays could reduce accidents. Overtime is deadly. Tired surgeons have been found to be more prone to slip'ups, and soldiers who get too little shuteye are more prone to miss targets.
My hope is that the corona crisis will help bring us into a new age of cooperation and solidarity and a realization that we're in this together.
This is what a crisis does: It makes you question the status quo. That doesn't mean that after a crisis we move into some kind of utopia. But it is an opportunity for political change.
Believing in the good of humanity is a revolutionary act - it means that we don't need all those managers and CEO's, kings and generals. That we can trust people to govern themselves and make their own decisions.
We so often tend to think our democracies are ruled by procedures and laws, but they are also governed by implicit rules and assumptions and one of them is the ability to feel shame - that you can be shamed.
Every economy exists, no matter what the level of democracy, has elements of crony capitalism. It's - given human nature and given the democratic structures, which we all, I assume, adhere to, that is an inevitable consequence.
History proves... that a smart central bank can protect the economy and the financial sector from the nastier side effects of a stock market collapse.
Living capital, which has the special capacity to continuously regenerate itself, is ultimately the source of all real wealth. To destroy it for money, a simple number with no intrinsic value, is an act of collective insanity - which makes capitalism a mental, as well as physical pathology.
One of the things that happens when you have austerity is that wages get lower, and some people think lower wages in the short run can increase corporate profits.
Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.
In the Imperialist Era, the foreign loan played an outstanding part as a means for young capitalist countries to acquire independence.
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