Facebook co-founder’s new $10 million initiative to test if cash handouts will help fix America

Facebook co-founder's new $10 million initiative to test if cash handouts will help fix America

Facebook Co-Founder Chris Hughes, Harvard Law School and Berkman Klein Center for Internet and Society Professor Yochai Benkler, Black Lives Matter co-founder Alicia Garza and Alaska State Senator Bill Wielechowski may not agree on everything, but they agree on this: Cash handouts have the potential to help Americans and the American economy.

Given the challenges posed by automation and globalization, which are replacing workers and leading to stagnating wages, direct payments to workers may, in fact, be the only solution.

More than 100 organizers, activists, researchers and technologists, including Y Combinator President Sam Altman and former President of the Sierra Club […]

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