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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
... See moreKai-Fu Lee • AI Superpowers: China, Silicon Valley, and the New World Order
All citizens over 18 would get an annual distribution, in dollars and company shares, into their accounts. People would be entrusted to use the money however they needed or wanted—for better education, healthcare, housing, starting a company, whatever. Rising costs in government-funded industries would face real pressure as more people chose their ... See more