Pay Andrew Yang $1,000 a Month to Get Out of the Presidential Race

Andrew Yang correctly identifies some of the major problems of American capitalism today. But his solutions span from misguided to deranged.

Democratic Presidential Candidates Participate In First Debate Of 2020 Election Over Two Nights

Andrew Yang speaks to media outside the Knight Concert Hall of the Adrienne Arsht Center for the Performing Arts of Miami-Dade County June 26, 2019 in Miami, Florida, ahead of the Democratic presidential candidate debate. Joe Raedle / Getty Images


On November 6, 2017, businessman and philanthropist Andrew Yang announced his run for the presidency with a plan for universal basic income (UBI), a policy that would give every adult in the United States $1,000 a month with no strings attached. At first, he was a caricature, parading his identity as an Asian-American math nerd in lieu of a personality. His policy announcements read like an internet stream of consciousness, from an opposition to circumcision to cryptocurrency asset regulation. But over the last year and a half, he has built a movement preaching the gospel of UBI.

With his UBI-centric platform, he has garnered a cult internet following: the “Yang Gang,” a grassroots fundraising operation that has netted nearly $2.5 million to date, and a prized podium placement next to Joe Biden at tonight’s Democratic primary debate.

Yang’s campaign pitch is that he will make capitalism work for the 70 million “normal people” who will lose their jobs to automation in the next ten years. Yang considers this an existential crisis that can only be solved with UBI. The monthly stipend, which Yang dubs the “Freedom Dividend,” is intended to ameliorate economic insecurity, wealth inequality, and the other symptoms of social malaise stemming from capitalism.

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