The “Sharing Economy” Is the Problem

Re:The “Sharing Economy” Is the Problem by dllthomas on Tuesday July 07, 2015 @02:07AM (#9843862)

Include them in the same system.

[ Parent | on HN ]

Re:The “Sharing Economy” Is the Problem by prostoalex on Tuesday July 07, 2015 @02:36AM (#9843926)

Would the numbers add up to anything above trivial?

Alaska has a variable annual payout, and while $1,900 a year is better than $0 a year, it has not led to economic/artistic/scientific revolutions described by basic income proponents.

[ Parent | on HN ]

Re:The “Sharing Economy” Is the Problem by dllthomas on Tuesday July 07, 2015 @11:30AM (#9846032)

"Would the numbers add up to anything above trivial?"

Initially? Probably not for those in developed countries.

The median per-capita household income (per http://www.gallup.com/poll/166211/worldwide-median-household..., as of 2013) is about $3k/yr. For half the people on the planet, $100/yr would make an appreciable difference in their purchasing power (more than 1/3 their monthly income).

Is that a practical amount? $100/yr for every person on the planet is less than 5% of the GDP of the US, and less than 1% of the global GDP (GWP). If the US was going to foot the bill alone (it shouldn't), it would be about a quarter of our tax revenues. Steep, but doesn't sound financially impossible (political and infrastructural issues may well be another matter).

[ Parent | on HN ]