Comment by dwighttk
2 days ago
In Alaska you have UBI and it comes from the state selling oil… where does the money come from for pie-in the-sky UBI?
2 days ago
In Alaska you have UBI and it comes from the state selling oil… where does the money come from for pie-in the-sky UBI?
Basically all industry, all commerce pays dividends/taxes and those get distributed.
People that use their money to invest (time or money) into good companies will profit more, people that use it for just consumption will remain low 'income'.
When companies succeed as a whole (eg move to all solar,robots,ai) all 'shareholders' will benefit. one of those will be the UBI program
Aren't there other oil-rich nations that essentially have UBI and could serve as a data point.
Not any that are in other important ways comparable. Kuwait has it I think.
It comes from socially produced wealth and ressources, like all public services?