Jack Dorsey is giving Andrew Yang $5M to build the case for a basic income

Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by mc32 on Thursday May 21, 2020 @02:15PM (#23262494)

Maybe a small economy somewhere. There are small city-sized nation-states here and there around the world --both in industrialized areas and not so industrialized areas. They could try it in both and see what's what. $5MM isn't enough though.

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Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by gpm on Thursday May 21, 2020 @02:27PM (#23262698)

So... let's say 500k people, 10k a year, 10 years, that's 50 billion dollars.

That's... not a small test. That's a small city deciding to go all in on trying it.

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Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by mc32 on Thursday May 21, 2020 @02:30PM (#23262772)

Yes, but you need a self-contained economy to test and prove things out.

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Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by monocasa on Thursday May 21, 2020 @03:08PM (#23263429)

There are no self contained economies anymore.

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Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by mc32 on Thursday May 21, 2020 @04:39PM (#23264866)

Can I apply for gov benefits from a neighboring staate I don’t have permanent resident status?

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Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by monocasa on Thursday May 21, 2020 @04:59PM (#23265237)

That doesn't make it a "self contained economy"

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Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by mc32 on Thursday May 21, 2020 @05:03PM (#23265291)

I think for the purposes of UBI it’s enough of a criterion.

Implicitly I was contesting it against say trying it for a county or other political subdivision like state/province/canton. By state I meant sovereign state/nation.

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