>Perhaps UBI shouldn’t be about redistribution of wealth money through taxation but nationalization of commons or resources to create a stream of revenue to fun

>Perhaps UBI shouldn’t be about redistribution of wealth money through taxation but nationalization of commons or resources to create a stream of revenue to fund UBI You suggestion is taxing 100% of the profits of these companies. This is partially what China is doing and how China is going to "walk its way towards Socialism". But this is not how it works here. If I have money, I want that it makes money and I do not want to work for it. These people are in power and these people will never allow a full taxation, because then they would need to work.