Andrew Yang on His Forward Party and the Rise of a New Political Consensus

Hidden Forces

Demetri Kofinas

Business, Government

4.8 • 1.6K Ratings

🗓️ 18 October 2021

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In Episode 215 of Hidden Forces, Demetri Kofinas speaks with 2020 Presidential candidate and Founder of the Forward Party, Andrew Yang. Yang is perhaps best known for popularizing the idea of universal basic income, what he called "the freedom dividend" during his run for president in 2020. He recently launched "the Forward Party," a political party focused on breaking what Andrew sees as a two-party duopoly that is no longer working and whose members and policies have fallen increasingly out of favor with the majority of Americans. He details many of his policy proposals in his new book "Forward," including ranked-choice voting, open primaries, term limits, campaign reform, and of course universal basic income: one-thousand dollars for every man and woman in America.

Demetri spent most of the first half of their conversation asking Andrew Yang about his experience on the campaign trail, what it was like to run for president, and what it taught him about the American political system and how to go viral in today's attention economy. The overtime is where Kofinas really had the opportunity to dig into Yang's policy platform. They discussed Andrew's UBI proposal, its potential impact on inflation, and how to implement such a policy without making politics even more transactional than it is today. They also discuss how to crack the gerontocracy that currently exists in Washington, the misaligned incentives in our news media, as well as how Andrew Yang thinks blockchain and distributed ledger technology can be leveraged for the public good and why crypto is a potential path to universal basic income.

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Episode Recorded on 10/11/2021

Transcript

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0:00.0	What's up, everybody? My name is Demetra Caffeines and you're listening to Hidden Forces,
0:06.4	a podcast that inspires investors, entrepreneurs and everyday citizens to challenge consensus narratives
0:13.9	and to learn how to think critically about the systems of power shaping our world.
0:18.8	My guest in this week's episode is entrepreneur, author and founder of the Forward Party, Andrew Yang.
0:26.3	Most of you, if you're American citizens or if you live in the United States,
0:30.3	probably already know who Andrew is. He's the guy who popularized the idea of universal basic income,
0:37.2	what he called the Freedom Devident during his run for president in 2020. And despite the
0:42.8	plethora of candidates on offer during the Democratic primary, Andrew really stood out as one of the
0:48.8	most dynamic and energizing candidates in the field. I invited him on the podcast today because he
0:54.9	recently announced the launch of the Forward Party. A new political party focused on breaking
1:00.1	what Andrew sees as a two-party duopoly that is no longer working and whose members and policies
1:06.3	have fallen increasingly out of favor with the majority of Americans. He details many of his
1:12.0	policy proposals in his new book, Forward, including Rank Choice Voting, Open Primaries, Term Limits,
1:19.2	Campaign Reform and, of course, Universal Basic Income, $1,000 for every man and woman in America.
1:27.2	We spent most of the first half of our conversation discussing Andrew's experience on the
1:31.6	campaign trail, what it was like to run for president and what it taught him about our political
1:36.5	system and how to go viral in today's attention economy. The overtime is where I had the opportunity
1:43.8	to really dig into Andrew's policy platform. We got to discuss his proposals on UBI, their potential
1:50.3	impact on inflation and how to implement such policies without making politics even more transactional
1:56.7	than it is today. We also discussed how to crack the gerontocracy of the existing power structure,
2:02.6	the misaligned incentives in our media, as well as how Andrew thinks blockchain and distributed
2:08.1	ledger technology can be leveraged for the public good and why crypto is a potential path
	...

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