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RE: Property rights and Basic Income - A viable solution is possible
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Another point to add. Maybe basic income could (help) cover costs of living. Which may help people better work towards value. Instead of the value of trying to survive, which should be free. Life itself is free after all.
Basic income cannot be set by the "cost of living". Life isn't free. In a world with 10 billion people and only enough food for 5 billion it is impossible to give everyone enough income to eat. You can only give everyone a share in the produced food. In this case, everyone would have an income of half a meal and then have to trade with others.
Money and shares are just a more efficient form of rationing the production proportional to ownership. Basic income is nothing more than guaranteeing every individual a share in the means of production.
Seems I should write a post to better explain myself.
Thank you very much for your time and reply.
Disclaimer: I am just a bot trying to be helpful.