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Plus a strong safety net encourages entrepreneurship, since failure doesn't have to mean losing your house, your kids starving on the streets, or going without
by cauterized 12y ago
Plus a strong safety net encourages entrepreneurship, since failure doesn't have to mean losing your house, your kids starving on the streets, or going without medical care.
- ayuvar 12y agoI liken it to the same concept as a crown corporation - with mincome, you'd see people who would otherwise not be entrepreneurs taking a chance on things that aren't obviously immediately profitable according to traditional MBA-logic but that should exist anyway. Imagine a diversified economy full of weird Etsy-style craftsmanship businesses, or strange one-offs that are done for the love of the field. A lot of office and retail jobs would likely be forced to improve as well, once some of the fear of taking the leap to entrepreneurship is removed.