After doing a lot of reading and research, I'm not. I think people should be paid for the work they do, whether directly or indirectly.
I'm now much more in favor of things like social dividends: taxing profits of businesses and distributing it equally amongst the population, taxing estates at 90+% and distributing it equally amongst the population, etc.
Another idea I like is the social fund: it buys controlling shares in publicly-traded companies, forces them to issue dividends, then sends 10-20% of the dividends to the citizens, and spends the other 80-90% on buying more shares in other companies, with the net effect of socializing the profits of large companies.
Yes, most of these ideas would fall under some loose definition of "socialism." That said, it ties passive income to overall productivity, something that UBI doesn't do.
After doing a lot of reading and research, I'm not. I think people should be paid for the work they do, whether directly or indirectly.
I'm now much more in favor of things like social dividends: taxing profits of businesses and distributing it equally amongst the population, taxing estates at 90+% and distributing it equally amongst the population, etc.
Another idea I like is the social fund: it buys controlling shares in publicly-traded companies, forces them to issue dividends, then sends 10-20% of the dividends to the citizens, and spends the other 80-90% on buying more shares in other companies, with the net effect of socializing the profits of large companies.
Yes, most of these ideas would fall under some loose definition of "socialism." That said, it ties passive income to overall productivity, something that UBI doesn't do.