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FYI, I created an infographic recently that teaches people all the details they need to know about basic income: http://i.imgur.com/eRuO1ix.png http://i.imgur.c

• lotharbot 13y ago
  Milton Friedman was a strong proponent of (a variant of) Basic Income.
• stefantalpalaru 13y ago
  This system leaves out the "from each according to his ability"[1] part that's the root of totalitarian regimes. [1]: https://en.wikipedia.org/wiki/From_each_according_to_his_ability,_to_each_according_to_his_need https://en.wikipedia.org/wiki/From_each_according_to_his_abi...
• kemayo 13y ago
  Hardly. Communism is a system in which all property is publicly owned and each person works and is paid according to their abilities and needs. (It's more complicated than that, but y'know...) A Basic Income policy is totally Socialism, which is a system in which the economy is cooperatively managed. (Again, more complicated really.) But there's nothing wrong with Socialism. It's a bad word in America, for historical reasons, despite being fairly widely implemented within that country.
  • erichocean 13y ago
    > A Basic Income policy is totally Socialism, which is a system in which the economy is cooperatively managed. Disagree. Provision of money and "co-operative management" are two separate concepts. You can do either, both, or none.
  • drcode 13y ago
    The concept of Socialism presupposes a powerful state. Both communism and basic income include the notion of income distribution as an antidote to strong government controls. I agree there's nothing inherently "bad" about these ideas, I just wish we wouldn't invent new terms for old ideas, just because the older terms have gotten a (perhaps undeservedly) bad reputation.