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At least the unrecoverable wealth of the very land of the state is distributed to residents, I mean. That’s not the opposite, it’s just less than the ideal of c
by vundercind 2y ago
At least the unrecoverable wealth of the very land of the state is distributed to residents, I mean. That’s not the opposite, it’s just less than the ideal of capturing quite a bit of that value and investing it for citizens’ benefit so that some of the wealth isn’t lost to a few private hands forever. It’s the closest the US gets to doing something that’s a good idea, with its vast non-renewable natural resources.
- bpodgursky 2y agoWhen the oil music stops and residents have to pull their weight via value-added production or services, residents of Texas (where the economy is rapidly diversifying, but makes no effort at a UBI) are going to be better off than residents of Alaska.
- scottyah 2y agoIt's just generational theft at that point, you're taking resources that could be utilized by (some cultures would say belong to) future generations and instead have set up a structure that has the effect of letting the current generation drink the money away, not to mention the poor prospects of the future generations growing up in a system like that. I know Japan has a culture that believes that we are stewards of the land for the youth. America lately has collectively decided to toss in their babies to fuel their furnace of war.