Andy Stern

Advances in technology are creating the next economy and enabling us to make things/do things/connect with others in smarter, cheaper, faster, more effective ways. But the price of this progress has been a decoupling of the engine of prosperity from jobs that have been the means by which people have ascended to (and stayed in) the middle class. Andy Stern, the former president of the Service Employees International Union (SEIU) spent four years traveling the country and asking economists, futurists, labor leaders, CEOs, investment bankers, entrepreneurs, and political leaders to help picture the U.S. economy 25 to 30 years from now. He vividly reports on people who are analyzing and creating this new economy--such as investment banker Steve Berkenfeld; David Cote, the CEO of Honeywell International; Andy Grove of Intel; Carl Camden, the CEO of Kelly Services; and Geoffrey Canada of the Harlem Children’s Zone. Through these stories, we come to a stark and deeper understanding of the toll technological progress will continue to take on jobs and income and its inevitable effect on tens of millions of people. But there is hope for our economy and future. The foundation of economic prosperity for all Americans, Stern believes, is a universal basic income. The idea of a universal basic income for all Americans is controversial but American attitudes are shifting. Stern has been a game changer throughout his career, and his next goal is to create a movement that will force the political establishment to take action against something that many on both the right and the left believe is inevitable. Stern’s plan is bold, idealistic, and challenging--and its time has come.

How a Universal Basic Income Can Renew Our Economy and Rebuild the American Dream

Raising the Floor

Since oil displaced coal as the fuel of choice a century ago, it has been the cause of some of the world’s bloodiest conflicts. This book examines the role oil has played in these conflicts in the last hundred years. It looks at the actions governments and multinational companies have taken to secure their oil supplies since the 1920s, often provoking accusations that they promote conflict and support corrupt or violent regimes. Oil was an important factor in both world wars. Conspiracy theorists believe it also sparked the Suez Crisis, the Iran-Iraq War, the Biafra war and conflicts in Angola and Chad in which oil companies such as Elf (Angola) and various companies including ExxonMobil (Chad) are said to have played a murky role. The book starts with a look at Empire building and how at the start of the 20th century Britain, France and Germany sought to carve up the world’s supplies of ‘black gold’. The clamour for oil intensified during World War II – in fact the bombing of Pearl Harbor was allegedly at least in part to prevent Indonesian oil from reaching the US. Successive chapters chart the rise of OPEC and the Suez Crisis in 1956, and the Cold War ‘Proxy Wars’, when the importance of Middle East drew the US and Soviet Union (then perceived as the world’s superpowers) into conflicts between states in the region. The book also assesses the power of major oil companies – not only the huge environmental devastation they have caused but the local conflicts that have arisen. For instance, scandals involving the French oil company Elf indicate that it had funded both sides in the civil wars in Angola and the Congo. In conclusion the book looks at other sources of oil, chiefly in Latin America and sub-Saharan Africa. What effect will large-scale oil extraction have on these regions?

Andy Stern

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