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Gross world product is about $16,000 per capita. So that's about how much your income would be if it was all evenly distributed. That's actually enough to boost
by chromaton 9y ago
Gross world product is about $16,000 per capita. So that's about how much your income would be if it was all evenly distributed. That's actually enough to boost you over the poverty line in the US. But people in the US also receive other benefits from the government.
However, given 50 years of modest 2% economic growth, you'd be up to a respectable $43,000 per person.
- jondubois 9y agoI don't think it would make sense to have a single equal UBI for the whole world - Not initially at least. To a poor person in Africa, 16K per year would be like winning the lottery - This is not the case for someone living in a developed country. We should take into account that poverty is relative. UBI is not about making everyone equal (not yet at least), initially it's about giving everyone the freedom to do what they really want.