Well written, as usual. Some very good food for thought here. I tend to be the capitalist and not a fan of socialist approaches, but I think you also illustrated very well the problems that can occur with both the capitalist (aka Free Market in your article) and socialist approach.

Central planning doesn't work. It doesn't matter if we are giving out food, shelter, etc. Someone still has to plan that. In creating the gate keepers who handle this planning the door for corruption or simply ignorance of requirements is opened. It is not something that MIGHT happen, it WILL happen eventually over time.

I do like the idea you propose with that basic income being provided on a daily basis rather than a monthly. I also am fine with it coming as a portion of shares. That eliminates any need for central planning, and is purely based on how things are going over all. If things get bad overall then a lot of people are dead, yet this is true of all scenarios. This one at least removes the central planning, is not redistributionist in nature, and still encourages people to excel and do better and thus earn more than just that basic income. When they do well the entire economy should do well, so the basic income for everyone would increase.