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RE: Grand Unified Political Theory - Anarchy, Libertarianism, Capitalism, and Socialism

in #basicincome6 years ago

Dividends is paid to stakeholders on a 1:1 basis depending on their stakes. Whereas, for the Universal Basic Income solution to our changing global economy, the inflation is paid out equally to all participants in the system.

Although a tricky balance needs to be struck such that the very "Basic" income should be minimal enough to still compel people to seek better quality of lives via work or starting their own businesses, so as to build up a savings that can be stashed somewhere for rainy days (instead of spending).

This controlled distribution of wealth could also drive the economy, as the money is quickly spent back into the economy by those who are actually (still) dependant solely on it.

Hard or close to impossible to find a government that is non-corruptible, while at the same time, competent to run a greed-driven capitalistic economy that is balanced to people's basic socialistic needs. Only with trustless decentralized blockchain technology can this be actually realised and sustained.

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