Natalie Foster, author of 'The Guarantee,' discusses creating a 'guarantee economy' where basic needs are rights. Topics include healthcare, housing, income guarantees, reshaping policies post-pandemic, linking economic security to trust in democracy, advocating for equitable policies and digital technology regulations, addressing wealth disparities, upcoming book release insights, future of work, and IRS free tax filing option.
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Advocating for a 'guarantee economy' where basic needs are government-supported birthrights.
Challenging the myth of 'Toxic Individualism' and emphasizing the role of grassroots movements in economic policy changes.
Deep dives
Natalie Foster's Vision for a Guaranteed Economy
Natalie Foster, co-founder of the Economic Security Project, discusses her vision for a more just economy in her new book 'The Guarantee'. She advocates for the government to ensure basic needs like healthcare, housing, and income, which are currently being increasingly supported through policies like childcare credits and student debt cancellation. Foster believes in a paradigm shift towards a 'guarantee economy' where economic needs are met by the government.
Tracking Progress on Economic Guarantees
Foster outlines seven key economic guarantees in her book, including healthcare, housing, education, income, and a guaranteed inheritance. She emphasizes the progress made in these areas with examples like free COVID vaccines, housing assistance, and expanded child tax credits, signaling a shift towards these guarantees becoming mainstream policy initiatives.
Challenging Individualism and Rethinking Economic Rights
Foster critiques the pervasive myth of 'Toxic Individualism' that places the responsibility solely on individuals, shaping the current economic landscape. She delves into the historical context of economic policymaking and advocates for reimagining economic guarantees as essential rights rather than commodities to be purchased, aligning with principles of equity and social justice.
Building Momentum for Economic Transformation
Foster highlights the pivotal role of grassroots movements, policy innovators, and community organizers in driving economic policy changes. She underscores the importance of ongoing advocacy and collective action to continue shifting towards a more equitable and secure economic future. Additionally, Foster emphasizes the need for public options and reevaluating market structures to ensure fair access to resources and opportunities.
Natalie Foster, author of "The Guarantee: Inside the Fight for America's Next Economy," is the president and co-founder of the Economic Security Project. She is also an alumna of IFTF's Future for Good Fellows program. Foster is a leading figure in the movement to create a more inclusive, resilient, and dignified economy for all Americans.
In this conversation with Marina Gorbis, IFTF's Executive Director, Foster discusses the hard-fought progress being made to establish a new "guarantee economy." This economy ensures that every citizen's basic needs for healthcare, housing, education, income, and more are met as birthrights.
We are excited to announce that our listeners can enjoy a 10% discount on Foster's book, "The Guarantee," by using the code GUARANTEED10 at checkout on the Reparations Club website (https://rep.club/discount/GUARANTEED10?redirect=%2Fproducts%2Fthe-guarantee).
This special offer is valid until the end of June, so be sure to take advantage of it while you can.
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