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RE: The Basics of Basic Income

in #politics8 years ago (edited)

Finland will be a great experiment for it. I'm not sold on Basic Income at all, but technological change is going to put so many people out of work that we'll need to come up with something. Either the government provides some benefit like this or else we need a full-scale economic transformation. Those people who cannot work can certainly work in the P2P economy and/or start their own businesses, but not everybody has those skills or opportunities. I doubt that huge corporations and wealthy individuals are going to willingly give back a big chunk of the economy to small-scale entrepreneurs. But maybe they will if there's no one who can afford to buy their products and services.