[pf] Fw. Citizens' dividends from ownership of their country: UBI

· I was looking through some old PF posts, and found this from last Jan.

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[pf] Citizens' dividends from ownership of their country: UBI
                   by David MacClement
                24 January 2001 16:45 UTC 

[contains:
  ".. if we are to distribute income equitably in the world's modern high
productivity economies, the labour market ... just cannot do ..."
  ".. a debate about the Universal Basic Income (UBI) alternative"

  "The *Boston Review* lead article:
http://bostonreview.mit.edu/BR25.5/vanparijs.html is a very useful summary
of the UBI concept, written particularly for an uninitiated American
audience."
  ".. UBI is the idea that some amount of a nation's – or indeed of the
world's – economic cake should be distributed equally to at least every
adult tax resident of that nation. It's conceptually no different from the
principle that every shareholder of a company should be paid a share of the
profits, and that each person with equity should receive exactly the same
dividend as each other person with the same stake in that company. ...
  The most radical component of the UBI idea is that a basic income, like a
company dividend, is an unconditional payment. It is a payment that is not
dependent on some labour contribution. It is a form of public property
income rather than a payment for a service rendered."
  ".. a UBI need not be enough to live on without any other income ..."
  ".. it seems almost too radical to contemplate that everybody might be
entitled to at least some grovel-free unconditional income."

· The rest is Keith Rankin's original article:
http://pl.net/~keithr/rfc2000C14ubiUSA.html

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David.
David MacClement davd @ ihug.co.nz (remove spaces)
http://www.geocities.com/davd.geo/index.html#top
http://davd.tripod.com/GrAPR-011228.html#top
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