The LSE Phelan US Centre’s Capitalism Essay Competition asked LSE Master’s students to address the question, “How should the United States work to shape the future of capitalism in this age of insecurity?” In this runner-up essay, Yazmin Baptiste highlights the history of racial capitalism in the US, and argues that to shape the future of capitalism, the US should establish unconditional guaranteed income programs. Using evidence from case-study examples in the US state of Georgia and Togo, they write that these programs will lay the foundation for dismantling the systemic inequalities inherent in capitalism.
In contemplating the concept […]
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