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Japan doesn't have UBI, but it's welfare system is extremely expansive as Article 25 of the Constitution guarantees a minimum standard of living through livelih
by alephnerd 7mo ago
Japan doesn't have UBI, but it's welfare system is extremely expansive as Article 25 of the Constitution guarantees a minimum standard of living through livelihood, housing, education, and medical assistance.
Additonally, Japan has spent decades thinking about this eventuality (at least since the 1970s), which is why Japan worked on the "Flying Geese" paradigm where Japanese public-private ventures would end up become major capital stake holders across Asia, the US, and Europe.
- gkanai 7mo ago> "Flying Geese" paradigm Can you name any one of these that are successful or prominent? I am not aware of this paradigm.
- alephnerd 7mo agoTaiwan (1960s onwards), South Korea (1970s onwards), and China (1980s onwards), and investments by what are now Master Trust Bank, Trust & Custody Services Bank, JTSB, and SoftBank.