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> Did you finish the article? They're not literally suggesting that all capital income be redirected by the government, but instead suggesting that the governme
by em500 10y ago
> Did you finish the article? They're not literally suggesting that all capital income be redirected by the government, but instead suggesting that the government should build up a fund that owns capital assets.
To provide a UBI of say 12k for every adult in the country (as opposed to just a few hundred or thousand), such a fund would need to own a large part of all the corporations and housing stock in the country. Didn't work well for the countries that tried it in the past.