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While I would agree Minimum Income is more along the spectrum towards Socialism that Capitalism from our current point, I don't think we can fairly equate it with Communism. There are a few places trying it out though[1][2][3].

> The fatal flaw in all of this...who is going to pay for it?

Well, the simple, possibly simplistic answer is "the same people that pay for wellfare". Which is everyone not receiving it. To be sure, it would need quite a lot of work on the details to even be possible in an economically viable way.

Edit: Added more references.

1: http://www.businessinsider.com/this-dutch-city-is-giving-bas...

2: https://news.ycombinator.com/item?id=11273482 (Alaska)

3: https://news.ycombinator.com/item?id=11273482 (Ontario)




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