Raising the Floor: How a Universal Basic Income Can Renew

Raising the Floor: How a Universal Basic Income Can Renew


Raising the Floor: How a Universal Basic Income Can Renew Our Economy and Rebuild the American Dream [PDF / Epub] ★ Raising the Floor: How a Universal Basic Income Can Renew Our Economy and Rebuild the American Dream By Andy Stern – Larringtonlifecoaching.co.uk Advances in technology are creating the next economy and enabling us to make things do things connect with others in smarter, cheaper, faster, effective ways But the price of this progress has been a Advances in technology are creating the Floor: How PDF ✓ next economy and enabling us to make things do things connect with others in smarter, cheaper, faster, effective ways But the price of this progress has been a decoupling of the engine of prosperity from jobs that have been the means by which people have ascended to and stayed in the middle classAndy Stern, the former president of the Service Employees International Union SEIU spent four years Raising the Epub / traveling the country and asking economists, futurists, labor leaders, CEOs, investment bankers, entrepreneurs, and political leaders to help picture the US economytoyears from now He vividly reports on people who are analyzing and creating this new economy such as investment banker Steve Berkenfeld David Cote, the CEO of Honeywell International Andy Grove of Intel Carl Camden, the CEO of Kelly Services and Geoffrey Canada of the Harlem Children s Zone Through these stories, we the Floor: How Epub â come to a stark and deeper understanding of the toll technological progress will continue to take on jobs and income and its inevitable effect on tens of millions of peopleBut there is hope for our economy and future The foundation of economic prosperity for all Americans, Stern believes, is a universal basic income The idea of a universal basic income for all Americans is controversial but American attitudes are shifting Stern has been a game changer throughout his career, and his next goal is to create a movement that will force the political establishment to take action against something that many on both the right and the left believe is inevitable Stern s plan is bold, idealistic, and challenging and its time has come.

    Raising the Floor: How a Universal Basic Income Can Renew game changer throughout his career, and his next goal is to create a movement that will force the political establishment to take action against something that many on both the right and the left believe is inevitable Stern s plan is bold, idealistic, and challenging and its time has come."/>
  • Hardcover
  • 272 pages
  • Raising the Floor: How a Universal Basic Income Can Renew Our Economy and Rebuild the American Dream
  • Andy Stern
  • 21 January 2017
  • 1610396251

About the Author: Andy Stern

Andy Stern former president, Service Employees Floor: How PDF ✓ International Union SEIU senior fellow, Columbia University s Center for Business, Law and Public Policy.



10 thoughts on “Raising the Floor: How a Universal Basic Income Can Renew Our Economy and Rebuild the American Dream

  1. Clif Hostetler Clif Hostetler says:

    The author, Andy Stern, is the rare person of a labor organizing background who agrees with the business types who proclaim unions will be a dead concept in the future After losing faith in the ability of unions, which represent only 11% of American workers today, to effect economic change, Stern set out to study the impact of globalization and technology His conclusion we can t fight the machines.In this book Stern articulates a persuasive story about a rapidly emerging economic order in whi The author, Andy Stern, is the rare person of a labor organizing background who agrees with the business types who proclaim unions will be a dead concept in the future After losing faith in the ability of unions, which represent only 11% of American workers today, to effect economic change, Stern set out to study the impact of globalization and technology His conclusion we can t fight the machines.In this book Stern articulates a persuasive story about a rapidly emerging economic order in which automation and ever smarter artificial intelligence will make even cheap foreign labor obsolete and give rise to a society that will be highly productive except at creating new jobs Today s persistently stagnant wages and rageful political populism are early signs of the trouble this could generate technology could exert a slow but continual downward pressure on the value and availability of work that is, on wages and on the share of prime age workers with full time jobs Eventually, by degrees, that could create a new normal, where the expectation that work will be a central feature of adult life dissipates for a significant portion of society Stern s solution is to give Americans a universal basic income UBI , a form of social security in which all citizens regularly receive an unconditional sum of money from the government He says it is the only way to provide a dignified way to transition people to the future economy, and that it could help jobless millennials cope with lackluster prospect and spendtime on creative leisure activities The idea of UBI stretches back to the 18th century, and the idea is gaining traction in U.S policy circlesSee Comments 3 and 4 below for additional details and excerpts from the book Here s A LINK to an article with an interesting suggestion on how to fund a basic income

  2. Peter (Pete) Mcloughlin Peter (Pete) Mcloughlin says:

    Automation scares have arisen from time to time but this one looks pretty credible Already we have seen technology begin to hollow out the middle class and there is no reason to think this trend won t continue If anything it will accelerate Maybe it is time to provide a guaranteed income for the large numbers of people who are going to be dislocated by the coming economic transformation Maybe we should redefine our relation to work because the conditions of the near future will not be anythi Automation scares have arisen from time to time but this one looks pretty credible Already we have seen technology begin to hollow out the middle class and there is no reason to think this trend won t continue If anything it will accelerate Maybe it is time to provide a guaranteed income for the large numbers of people who are going to be dislocated by the coming economic transformation Maybe we should redefine our relation to work because the conditions of the near future will not be anything like the past century or so

  3. Chris Chris says:

    One of the most frustrating books I ve read Spends 80 % of the book diagnosing the problem or name dropping the individuals he s met, worked with, or interviewed and very little on the actual implementation of the basic income There is perhaps a chapter and a half of this book that actually gets into the nitty gritty of basic income and even then doesn t really take arguments against the basic income very seriously Questions like incentives, inflation, funding, political obstacles are large One of the most frustrating books I ve read Spends 80 % of the book diagnosing the problem or name dropping the individuals he s met, worked with, or interviewed and very little on the actual implementation of the basic income There is perhaps a chapter and a half of this book that actually gets into the nitty gritty of basic income and even then doesn t really take arguments against the basic income very seriously Questions like incentives, inflation, funding, political obstacles are largely glossed over quickly which is a real shame.And despite only being published in June of last year, it s hilariously out of date with regards to current trends in direct action or political headwinds In one section he states he hopes to run a third party Basic Income Party presidential candidate in 2020 24 Donald Trump is mentioned once in a sentence about inherited wealth and far right ethno nationalism is a European problem The ACA Obamacare is treated like a fait accompli when its survival under the current Congress and President is doubtful though recent reports suggest that the GOP congress is having a lottrouble in this regard than they assumed coming in.Stern s resume as a labor leader in the SEIU makes him worth listening to I just think that he flubbed this one

  4. Mark Mark says:

    I really wanted to love this book I am already a believer in the idea of universal basic income and was hoping this book would answer critical questions I still have about how we as a society will survive and thrive in a work scarce or even work free world I m also curious to know how we can possibly pay for a meaningful UBI the author s suggestion of 12k year is not realistic in many states And how do we avoid disincentivizing work But this book is really short on content and very long o I really wanted to love this book I am already a believer in the idea of universal basic income and was hoping this book would answer critical questions I still have about how we as a society will survive and thrive in a work scarce or even work free world I m also curious to know how we can possibly pay for a meaningful UBI the author s suggestion of 12k year is not realistic in many states And how do we avoid disincentivizing work But this book is really short on content and very long on the author s personal discovery process.I think you can discover the concept of universal basic income by traveling down several different roads I came across it while reading about advancements in artificial intelligence The author came across UBI while looking for ways to protect workers from the impacts of globalization and automation If you are looking for the history of UBI in the context of the US labor movement, then by all means start here But honestly, if you just want to know what is UBI , go to the Wikipedia page

  5. Richard Richard says:

    Fascinating stuff, but almost unbelievably naive considering the political realities laid bare by the 2016 election Written about 6 months too early, I think.

  6. Travis Tucker Travis Tucker says:

    I picked up this book hoping to get some good insights on Universal Basic Income including some of thenuanced aspects, including proper sizing, optimum timing and funding as well as the effect it will have This book did a poor job of addressing these issues.The bulk of the book first 150 pages of a 220 page book are devoted to the author talking about his background, the current of jobs and the potential for robots to take jobs in the future I d recommend that a reader skip these p I picked up this book hoping to get some good insights on Universal Basic Income including some of thenuanced aspects, including proper sizing, optimum timing and funding as well as the effect it will have This book did a poor job of addressing these issues.The bulk of the book first 150 pages of a 220 page book are devoted to the author talking about his background, the current of jobs and the potential for robots to take jobs in the future I d recommend that a reader skip these pages and jump straight into the UBI discussion He does give a basic foundation of UBI, as well as a proposed amount and potential options to fund it however the bare analysis was lacking I find odd that his 1k month UBI should be enough to sustain one adults basic needs, but a 8 hr minimum wage 160 hrs month 1,280 job doesn t provide enough to cover people s basic needs according to many minimum wage supporters There are many other gaps in logic and his arguments at one point he seems to imply that the decrease in wrecks that autonomous cars will have is bad because it puts people in the insurance industry out of jobs that make it hard to take much away from this book Needless to say, I m still on the lookout for a book that takes a deeper dive on UBI

  7. Otto Lehto Otto Lehto says:

    Andy Stern s book, Raising the Floor, joins the chorus of progressive voices in favour of Universal Basic Income What sets this book apart is the personal story of its author, which is prominent on its pages and which gives me hope The author s point of view feels very refreshing, since it s so rare to find a union guy let alone a big league ex union boss who understands how obsolete the old labour markets are in responding to rapid structural changes Stern isn t afraid to challenge many Andy Stern s book, Raising the Floor, joins the chorus of progressive voices in favour of Universal Basic Income What sets this book apart is the personal story of its author, which is prominent on its pages and which gives me hope The author s point of view feels very refreshing, since it s so rare to find a union guy let alone a big league ex union boss who understands how obsolete the old labour markets are in responding to rapid structural changes Stern isn t afraid to challenge many taboos of the American left while retaining the spirit of solidarity that animates the labour movement He sees how New Deal social democracy needs to change as a result I don t think he goes far enough in abandoning the piecemeal legislation, pro regulation, pro big government mentality, since he advocates for raising the minimum wage and mandating a shorter work week, but at least he acknowledges that these are, at best, short term policy solutions, while a UBI ought to be the long term solution Even if, as a libertarian, I disagree with him on many details, I admire his commitment to bipartisan dialogue and open minded attitude into assessing the risks and rewards of the future This should be mandatory reading for all social democrats across Europe and the United States

  8. Rahul Rahul says:

    I strongly recommend Raising the Floor to anyone interested in learningabout the idea of a Universal Basic Income and its place in today s political conversation In it, Andy Stern, former president of the Service Employees International Union, one of America s largest and most influential unions, describes his journey from championingtraditional labor politics and policies to believing that a UBI is an urgent and necessary solution to the continued success of American workers This I strongly recommend Raising the Floor to anyone interested in learningabout the idea of a Universal Basic Income and its place in today s political conversation In it, Andy Stern, former president of the Service Employees International Union, one of America s largest and most influential unions, describes his journey from championingtraditional labor politics and policies to believing that a UBI is an urgent and necessary solution to the continued success of American workers This book was the impetus for much of the thinking behind Andrew Yang s entire presidential campaign and especially his 1,000 month Freedom Dividend, and even as someone who s been reading a lot about technological unemployment and UBI for almost a decade, I found it presented the case for and alternatives to UBI in a refreshingly clear and compelling manner

  9. Lowell Paige Bander Lowell Paige Bander says:

    Labor unions used to be the most effective means with which to ensure the livelihood of the working class However, in the face of forces such as globalization, automation, and the gig economy, which undermine the collective bargaining power of unions by centralizing power in the hands of the ultra rich, this is no longer true In an eminently readable and succinct text, Stern thoroughly examines the pros and cons of the available solutions and makes the case for a Universal Basic Income UBI.

  10. Aj Greenman Aj Greenman says:

    Automation is about to displace millions of American workers The only 2020 candidate taking this issue seriously has been Andrew Yang We can either brace ourselves against the rise of AI or learn to reorient ourselves around it This book makes a lot of great points, and I m glad we have Yang really bringing these ideas out into reality and letting them breathe.

Leave a Reply

Your email address will not be published. Required fields are marked *