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As long as limited economic mobility and stagnant income is assigned at birth, political stability should not persist. The sentiment that markets are efficient and self-regulating – where the most astute and hardest workers are presumed to prosper while the least astute and laziest receive their "just rewards" – only serves the ideological device of maintaining social hierarchy.

Two bold policies:

  1. A federal job guarantee in which all workers are offered the dignity of productive work, livable wages, and enhanced worker bargaining power resulting from the removal of the threat of unemployment
  2. A "baby bonds" child trust account program, where the opportunity for wealth accumulation is seeded at birth so that everyone may purchase the economic security of an appreciating asset as a young adult.

Bottom line: To promote economic mobility and, likewise, political stability, we need a shift from overemphasizing economic austerity and growth, while leaving workers vulnerable to the fickle contingency of "trickle down" job creation. Instead we need to prioritize what Nobel Laureate Amartya Sen calls human capabilities, where we measure our national economic health by how well we enable all our citizens to attain their self-defined goals.

Other voices in the conversation:

Go deeper

Scoop: Gina Haspel threatened to resign over plan to install Kash Patel as CIA deputy

CIA Director Gina Haspel. Photo: Win McNamee/Getty Images

CIA Director Gina Haspel threatened to resign in early December after President Trump cooked up a hasty plan to install loyalist Kash Patel, a former aide to Rep. Devin Nunes (R-Calif.), as her deputy, according to three senior administration officials with direct knowledge of the matter.

Why it matters: The revelation stunned national security officials and almost blew up the leadership of the world's most powerful spy agency. Only a series of coincidences — and last minute interventions from Vice President Mike Pence and White House counsel Pat Cipollone — stopped it.

Updated 9 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Coronavirus deaths reach 4,000 per day as hospitals remain in crisis mode — CDC warns highly transmissible coronavirus variant could become dominant in U.S. in March.
  2. Politics: Biden says, "We will manage the hell out of" vaccine distribution — Biden taps ex-FDA chief to lead Operation Warp Speed amid rollout of COVID plan — Widow of GOP congressman-elect who died of COVID-19 will run to fill his seat.
  3. Vaccine: Battling Black mistrust of the vaccines"Pharmacy deserts" could become vaccine deserts — Instacart to give $25 to shoppers who get vaccine.
  4. Economy: Unemployment filings explode againFed chair: No interest rate hike coming any time soon —  Inflation rose more than expected in December.
  5. World: WHO team arrives in China to investigate pandemic origins.

John Weaver, Lincoln Project co-founder, acknowledges “inappropriate” messages

John Weaver aboard John McCain's campaign plane in February 2000. Photo: Robert Schmidt/AFP via Getty Images)

John Weaver, a veteran Republican operative who co-founded the Lincoln Project, declared in a statement to Axios on Friday that he sent “inappropriate,” sexually charged messages to multiple men.

  • “To the men I made uncomfortable through my messages that I viewed as consensual mutual conversations at the time: I am truly sorry. They were inappropriate and it was because of my failings that this discomfort was brought on you,” Weaver said.
  • “The truth is that I'm gay,” he added. “And that I have a wife and two kids who I love. My inability to reconcile those two truths has led to this agonizing place.”