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RE: Who pays for universal basic income? Philosopher Alan Watts answers the BIG question.

in #basicincome7 years ago (edited)

there is another solution, go let money go. A money-free society is even better because universal basic income could still be used to ration people, and it will happen.

thanks for the transcript, following

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I was a fan of the idea of a resource-based economy beyond the monetary system years before I even heard of basic income. I think the most realistic way of moving beyond money is to first sever the connection between income and work. As long as people require money to live, money will be seen as hugely important. As soon as money is no longer needed to live because people already are guaranteed enough of it each month in order to live... that's when things are going to start getting really interesting.

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