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I am not an advocate for UBI, I am an advocate for a fairer society. (And the intra-US wealth disparities are as nothing to globally) I should not have assume
by lifeisstillgood 6y ago
I am not an advocate for UBI, I am an advocate for a fairer society. (And the intra-US wealth disparities are as nothing to globally)
I should not have assumed dividends were of total stock - that's nonsense. But even so stock market is not total wealth - far more wealth is in real estate for example.
First there is no destroying of society, I am assuming a different distribution of the dividends - assume something like the Norway Sovereign fund(s).
And while this is very back of the envelope I am assuming money goes to children (broad assumption that every household is two adults and two kids).
But let's look at say GDP distribution - that's 5.5 trn - which divided by 300 m people is 18k each.
I am just arguing against the idea that there is not enough wealth or money around, so we cannot share it.
There is enough. How we share it is politics.
And it's always worth nothing that history shows if you don't share for long enough, people take it away from you.