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This idea could not work in the kind of 3rd world country you are talking about. Those countries have a much more fundamental problem in not having a capitalize
by transfire 13y ago
This idea could not work in the kind of 3rd world country you are talking about. Those countries have a much more fundamental problem in not having a capitalized society at all. So there is no foundation for any such base income system to be built. For them to get out of poverty requires the removal of their corrupt governments and the establishment of a sound money system coupled with a required public education system.
- seanmcdirmid 13y agoWell, it could work if the BI was applied globally...that would be quite wonderful from a world peace, human rights perspective. It might not ever happen, but we can always hope. Of course, the corrupt governments would have to be removed first...