Is Basic Income the Answer? Archives

daniel June 7, 2018June 7, 2018 Alaska Permanent Fund, cheap power, Cryptocurrency mines, cryptocurrency mining, Cryptocurrency Mining is a Political Issue, How Technology causes Income Inequality, Is Basic Income the Answer?, Mid-Columbia-Basin, Mold-Rite Plastics, new social contract, Plattsburgh, Should Cryptocurrency Mining Be Banned?, social contract, the cheap power, the old social contract, Time for a New Social Contract

Did Cryptocurrency Mining Threaten Jobs?

The situation in Plattsburgh demonstrates how the new high-tech economy generates both income inequality and political controversy.

Progress is ripping up the social contract written at the end of the last Industrial Revolution.

Investors need to consider the ethical implications of some of this new technology. If they do not, everybody will suffer from the political backlash.

Developments in Plattsburgh prove that the old social contract is dead and it is time to write a new one. If we do not write a new social contract our cities will burn, and many people will suffer.

Grocery Wars

daniel April 13, 2018April 13, 2018 000 new employees nationwide in 2018, Chris Hughes, Fair Shot: Rethinking Income Inequality and How we Earn., Food Deserts, Food Deserts are coming to Middle Class Neighborhoods soon, Hey Jesse Income Inequality Not Kroger is the Problem, Income Inequality, Income Inequality Not Kroger is the Problem, Is Basic Income the Answer?, Jackson is right about Kroger, Jesse Jackson vs. Kroger, Kroger added 10000 employees in 2017, Kroger announced plans to hire 1, Kroger hurt by Income Inequality and attacked by Jesse Jackson, Kroger is doing its Part to Fight Income Inequality, Kroger is not Racist, policies to remedy income inequality, remedy income inequality, The Fair Shot, The real problem is income inequality

Kroger hurt by Income Inequality and attacked by Jesse Jackson

Everybody should pay attention to what’s happening to Kroger because food deserts might be coming to their neighborhood soon.

The real problem is income inequality, people in many working-class neighborhoods; which are disproportionately minority, simply do not have the money to buy a lot of groceries.

The only way Kroger can make money is to operate markets in areas where it can sell expensive items like liquor and organic food. It is also ramping up delivery services which are more likely to serve affluent customers.
The reason for this is that middle and lower-class incomes are falling in the United States. When adjusted for inflation the average lower-class household income in the United States in 2000 was around $26,496 a year, by 2014 it had fallen to $24,074, Pew Research Center Data indicated. Lower-class families have $2,000 less to spend than they did less than 20 years ago.

Market Insanity

daniel May 28, 2017 Amazon (NASDAQ: AMZN) and Alphabet (NASDAQ: GOOG), Amazon and Google are now more valuable than Chicago, Anger against Silicon Valley, Apple and Alphabet’s market capitalizations exceeded the GDPs of all but two American cities, Autonomous vehicles will wipe out 25000 jobs a month, Big Tech, Is Basic Income the Answer?, Is Big Tech in Danger from Populism, Microsoft (NASDAQ: MSFT’s) market capitalization of $524 billion exceeded the gross domestic products of both Dallas and Houston, Occupy Silicon Valley, Occupy Silicon Valley movement, populist and economic nationalist backlash makes Big Tech a very risky investment, Self-Driving Cars will kill 300000 jobs a year

Silicon Valley will be the Next Target of Populists

“It could ultimately lead to populist calls for redistribution of the increasingly concentrated wealth of Silicon Valley as the gap between tech capital and human capital grows ever wider,” Hartnett wrote.