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I don't think people should view UBI as "giving away free money". Instead we should look at it from a geologist[1]/geolibertarian[2] perspective: as compensati
by perilunar 9y ago
I don't think people should view UBI as "giving away free money".
Instead we should look at it from a geologist[1]/geolibertarian[2] perspective: as compensation for appropriation of land and natural resources that rightfully belong to everyone.
UBI should be funded by land and resource taxes, not from income, sales or corporate taxes.
1. https://en.wikipedia.org/wiki/Georgism https://en.wikipedia.org/wiki/Georgism
2. https://en.wikipedia.org/wiki/Geolibertarianism https://en.wikipedia.org/wiki/Geolibertarianism
- akvadrako 9y agoHN has talked about funding UBI via a land value tax before: https://news.ycombinator.com/item?id=15264024 https://news.ycombinator.com/item?id=15264024 It makes a fair amount of sense, and puts the incentives in the right place.