Aug 11

Although it doesn’t use the term “Universal Basic Income,” this article describes a possible mechanism (and…

Although it doesn’t use the term “Universal Basic Income,” this article describes a possible mechanism (and justification) for it: corporations profit from free use of resources that belong to all of us in common. If that use is no longer free, but costs money which flows to everyone equally, you have a flow of money to the people who will be most likely to spend it (on, yes, goods which now cost more, but the money keeps on going round).

http://evonomics.com/dont-ditch-capitalism-tax-extractive-side-effects-fuel-growth-barnes/