|
|
|
|
|
by alexasmyths
3101 days ago
|
|
This micro-UBI thing is a bad experiment with good intentions. UBI only works if it's fairly 'U'. If you give UBI to 'one village' - that village will have tremendous leverage over the surrounding villages. Any rational application of commercial knowledge will - knowingly or unwittingly - drive competitors out of business, and that 'UBI village' could theoretically come to control a lot. It only took a very small marginal advantage in transport costs for Oil companies to put others out of business and to create massive monopolies. If you run a little 'sim village' experiment on that, you might find the UBI village owning all the regional real-estate over time and just extracting rent. Another way of saying: a consistent, stable fixed income, even a not very big one, can be a powerful asset. |
|
For example if you were to pay taxes in gold: https://www.forbes.com/sites/briandomitrovic/2014/09/08/tran...