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Comment by JoachimSchipper

9 years ago

Context: Y Combinator has funded an experiment in Basic Income, which basically gives everyone in (a city, a country, ...) a guaranteed income independent of labour/capital. A (Universal) Basic Income should let people focus on art/science/... if they want, and ensure that everyone continues to have an acceptable live as automation makes more and more jobs obsolete.

This appears to be the same idea, but in capitalist language (Americans as stockholders in the US.)