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What a Solidarity Economy Looks Like
Article

What a Solidarity Economy Looks Like



Editorial Rating

8

Qualities

  • Eye Opening
  • Bold
  • Engaging

Recommendation

The city of Maricá in Brazil showcases the benefits of socioeconomic engineering through its provision of a universal basic income, underpinned by its establishment and oversight of a sovereign wealth fund. As activists Paul Katz and Leandro Ferreira explain in this illuminating look at the Brazilian town, these measures will benefit Maricá’s inhabitants as they deal with COVID-19. The city’s success could serve as an exemplar for governments struggling to mitigate the economic fallout from the virus.

Take-Aways

  • Maricá’s response to the coronavirus is nearly unprecedented.
  • A long history of social progress underlies the city’s policy initiatives.
  • Maricá’s reforms could serve as a prototype for other governments.
     

About the Authors

Paul Katz directs the Jain Family Institute’s efforts in Brazil. Leandro Ferreira manages Brazil’s Basic Income Network.


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