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Start a micro-investment company that allows people to invest in others to live and better themselves for some kind of cut of their future income. Do this at a
by jhallenworld 11y ago
Start a micro-investment company that allows people to invest in others to live and better themselves for some kind of cut of their future income. Do this at a huge scale.
The problem with basic income is where does the money come from? It's either loaned, taxed or invested. Loans are bad because you are enslaving the borrower. Taxes are bad because you are stealing work/labor from the taxed. Investments are best: you probably won't make your money back, but the possibility could provide incentive to give.
On the recipients side: perhaps there is value for them to promote themselves (in a Kickstarter kind of way) for more investments. Just the exercise might give them ideas of how to increase their own value.
Have the fed become the basic investor. This means inflating the money supply, but somewhat curtailed because successful investments have some payback. This is perhaps the fairest tax-like money source- it really hurts those with large amount of parked cash the most, which may not be such a bad thing. It encourages them to do something better with their money.