2 ms·
For (1) universal basic income is a step in the right direction. The less pressure there is to provide the basic necessities, the less need to take unproductiv
by brendanyounger 6y ago
For (1) universal basic income is a step in the right direction. The less pressure there is to provide the basic necessities, the less need to take unproductive or unfulfilling jobs.
For (2) advanced economies are becoming more service heavy rather than production heavy. Many services are less location-dependent than goods production and therefore money can flow to more locales. (e.g. I know a few folks who are programmers + small scale farmers)
And (3) is hopefully becoming more important as the scale of the externalities increase (e.g. Chinese pollution hurts the whole world, not just China).