In Germany, and especially in Switzerland, there has been a large UBI movement for many years. One could even vote for a corresponding party in the last elections. I myself was an active member of an organization for some years and I worked practically. I also maintained a special UBI-focused blog and wrote about a hundred articles there, all on the subject.
Since a few years there is a UBI project, which regularly distributes a UBI to winners and collects data through donations here in Germany. I am a silent monthly donor there. The inequality you are talking about is something everyone feels very clearly, especially since the 99% movement and the financial market crash in 2008/2009. Since money has become a virtual good and has in principle been made multipliable without hindrance, inequality is threatening because of this principle of unchecked capital.
In principle, we already have a basic income in Germany, but not unconditionally. Even if an UBI were to come, it would not change the fact that unimaginable amounts of capital are in the hands of a few or individuals who do not have to place democratic principles behind their actions and intentions. All this money tempts individual actors to have strange ideas about their own importance in the world. The most dangerous, in my opinion, are those who want to "save the world" or the people. Such people with a lot of money do not have to seek advice, do not have to bring their decisions through committees, do not have to go through a parliament or a council in order to act.
Actually, a restriction would have to be built in, which would introduce an upper limit of capital in individual hands or organisations at all. Without this limit, I am afraid, inequality will continue to exist.
However, an UBI seems to me to be suitable to dilute the inequality a little and to make oneself partially independent of having to take everything that is suggested as a necessity. The difficulty in making a judgement, in my opinion, is that we do not see or know everything that happens on the side of planetary existence that is considered useful.
Instead of overexploitation, the protection of species (animals and plants), instead of unhindered construction and the consumption of resources, a preservation of unused areas and habitats. Waiting and not acting would be necessary in many parts of the world where people do not have to fight for bare existence - i.e. food and water. To reduce oneself to the maximum and to reduce consumption sharply, to live from existing resources instead of always wanting to have the new.
If you are interested, I will give you some German sources, which I hope are perhaps also published in English.
Thank you for your sincere and thoughtful responses, @erh.germany.
I would be interested in the German sources you have - and the existing UBI project you support.
I see this quite a bit here in America. It's an odd dynamic to witness.
This is possible in a blockchain ecosystem. From a risk and security perspective, it would make sense to ensure the decentralization of capital. I wonder what Hive would look like if there was a mechanism that actively ensured a more equitable distribution of resources. I don't necessarily believe that such a function would even need to work like a tax. It could be a dedicated fund for smaller accounts with diminishing returns as the account scales.
You bright up a great point. The failure to recognize the importance of the Earth in the economic equation. We tend to think of the economy as consisting of economic actors and businesses, but we forget about the reproductive and generative environment that we all live in, and intimately depend on.
Thank you for your replies.
Here is the source in German, where I donate:
https://www.mein-grundeinkommen.de/infos/in-english
My own blog is very old. Back from those times I was actively engaged. All German:
https://bedingungslosesgrundeinkommen.wordpress.com/
Yes, the dynamic is odd. Many rich people actually served as role models and left the impression that visiting poor countries and helping the poor and needy is a good thing. But it is not. Self help and self education from the natives is always the better thing, from my point of view.
Greetings!
P.S. when you type into the searching machine "bedingungsloses Grundeinkommen" you will receive many many hits.
P.P.S. I haven't thought much about UBI in the hive environment. Right now I am less concerned with block chains but more with democracy and if it will be possible to bring the recent political decisions to court...