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Universal Basic Income is Capitalism 2.0 | TimJRobinson
Deming gave Japan a fundamentally different view on how to practice capitalism. Instead of companies competing with each other to get a bigger slice of the pie, they should cooperate together to grow the size of the pie instead.
John Willis • Deming's Journey to Profound Knowledge: How Deming Helped Win a War, Altered the Face of Industry, and Holds the Key to Our Future
Even better, forget the $300 number and mandate that it has to increase at a rate pegged to GDP growth. Maybe fix the start date at 2020, and then in year X, one third of the difference between year X GDP and 2020 GDP must be given out as basic income. In theory you should be able to get a UBI of $10,000 per person in a few decades without making a... See more
Scott Alexander (slatestarcodex) • Squareallworthy On UBI Plans
Currently, the most popular of these methods of redistribution is, as mentioned earlier, the universal basic income (UBI). At its core, the idea is simple: every citizen (or every adult) in a country receives a regular income stipend from the government—no strings attached. A UBI would differ from traditional welfare or unemployment benefits in tha
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