Monday, April 08, 2019

Kamala Pete 2020


Right now I am thinking in terms of a Kamala Pete ticket.

Warren, Bernie and Gillibrand should continue in the Senate. Tulsi Gabbard would be a great UN Ambassador. Beto should run for Texas Governor. Andrew Yang would be a great Secretary Of Labor who implements the Universal Basic Income.

AOC should campaign in the Fall of 2020, crisscross the country.

A Truly Global Universal Basic Income
New Political And Economic Paradigms For The Age Of Abundance
The Inequality, The Climate Change


Kamala Harris Takes Her Shot
Kamala Harris’s Trump-Size Tax Plan
Kamala Harris’s Political Memoir Is an Uneasy Fit for the Digital Era

A Truly Global Universal Basic Income

The global GDP stands at around 90 trillion dollars. The total wealth in the world stands at 280 trillion. There are eight billion people in the world.


If you were to install a Universal Basic Income for every person on earth of $100 per month, the cost comes to 800 billion dollars per month or almost 10 trillion per year. That is not a small sum. A 3% wealth tax would pay for it. Considering much of that 10 trillion would be spent, that would lead to a rise in GDP, wealth and income. The rich might harvest it all back. So the 3% tax would be a great investment.

But this would require a world government, a biometric ID for everyone on earth, fast broadband everywhere on earth, and universal access to digital money.

The US should also follow Modi's lead and announce demonetization. That would bankrupt numerous illicit organizations.

This 3% wealth tax is of existential importance. Too much inequality is like climate change. It will lead to collapse.