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by thaumaturgy 3947 days ago
(To hopefully avoid some arguments I should probably preface this with saying that I am 100% in favor of something like basic income.)

> The solution is providing a social safety net that enables that bulk of the population to pursue their dream.

I don't think that will make most people into successful businesspeople (let alone "entrepreneurs" in any non-facile sense of the word), and I don't think that was entirely the point the article was trying to make.

Even with basic needs supported, you still need capital to get a business off the ground "correctly". Unfortunately, in a basic income environment, I bet the people taking full advantage of it still wouldn't have access to that kind of capital.

I've had my own small business for several years now, but I'm looking for work again. The business has several promising irons in the fire, but I lack either the skill or resources to make any of them take off. Having access to basic income wouldn't substantially change my predicament; having access to good credit, capital, or talent would.

3 comments

>> The solution is providing a social safety net that enables that bulk of the population to pursue their dream.

> I don't think that will make most people into successful businesspeople (let alone "entrepreneurs" in any non-facile sense of the word), and I don't think that was entirely the point the article was trying to make.

I fully agree! While financial safety is by no means sufficient as a base for successfully starting a business, I do think the article makes a good point of it being necessary, though.

(And I think its important to emphasize that most businesses are not of the venture-backed startup type mostly discussed on this site.)

The rich and powerful lionize the rare exception who does make it out of poverty because it justifies the (largely) unfair system.
The dictionary I've used comes up for 'unfair' as

1. Contrary to justice or a sense of fairness 2. Contrary to laws or conventions, especially in commerce; unethical: unfair dealing and 3. Not kind or considerate.

Which one do you mean?

I'd guess all three of them?
I've looked in the dictionary and "contrary" comes up as "opposite in nature" or "perversely inclined to disagree". Which one?
ergo, the condition is necessary, but not sufficient.