Re:Machine Money and People Money
by dragonwriter on Monday July 11, 2016 @01:29PM
(#12072688)
> I fear the state will provide a too low UBI and people will be very poor.
UBI isn't a income ceiling, its an income supplement. If the UBI is too low, than those without outside income will be poor, but someone will be rich.
> This problem can be viewed from a different angle: not to make the state a distributor of UBI collected from taxes, but to empower each community to own the resources necessary to generate their income and be essentially self-reliant. So there would be no need for help from the state.
How is the "community" that owns resources distinct from the state or an administrative subdivision thereof?
UBI isn't a income ceiling, its an income supplement. If the UBI is too low, than those without outside income will be poor, but someone will be rich.
> This problem can be viewed from a different angle: not to make the state a distributor of UBI collected from taxes, but to empower each community to own the resources necessary to generate their income and be essentially self-reliant. So there would be no need for help from the state.
How is the "community" that owns resources distinct from the state or an administrative subdivision thereof?