Re:A New Golden Age Part III: The Basic Income Guarantee
by mrfusion on Thursday October 15, 2015 @07:54PM
(#10396740)
Here ya go https://medium.com/basic-income/wouldnt-unconditional-basic-...
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Re:A New Golden Age Part III: The Basic Income Guarantee
by 0x49 on Thursday October 15, 2015 @08:56PM
(#10396923)
I read the article and i just dont agree on some points.
One point is that basic income would mean an increase in new businesses forming. The problem is that while yes, more people will have the ability to start a business. The increase burdon of taxes and most likely, regulations that go along with it, will make it difficult to move from the startup phase to actually running a profitable company.
Countries like denmark and sweden are great examples of this in action: small companies are scarce,the majority of investors avoid them, and most people either work for the government or a large company.