national economies handle being welfare states just fine, which isn’t so different from what a UBI would be. Also developed service economies live and die by consumption. A UBI would stabilise and stimulate domestic consumer demand.
It’s a nonprofot org which basically just does monthly UBI to your bank account when you sign up… They did the math and it turns out you only need a few thousand people of diverse economic backgrounds for it to be viable.
From what I understand it’s like a phone banking app, but more secure, and it takes something like 10% of your earnings each month, then returns a lump sum to everyone of around $500 almost immediately. So people earning $40k/yr will net a couple hundred dollars per month. If you make nothing that month you will get closer to $1000 People who make $100k/yr will lose a couple hundred dollars. And the multimillionaires will lose a couple Gs a month (which sounds like a lot but it’s negligible to them).
except the national economies aren’t organized in a way to enable any form of UBI.
national economies handle being welfare states just fine, which isn’t so different from what a UBI would be. Also developed service economies live and die by consumption. A UBI would stabilise and stimulate domestic consumer demand.
The Comingle app (beta) is seeking to start our own UBI without relying on the government to do it for us. Seems very promising
How?
It’s a nonprofot org which basically just does monthly UBI to your bank account when you sign up… They did the math and it turns out you only need a few thousand people of diverse economic backgrounds for it to be viable.
From what I understand it’s like a phone banking app, but more secure, and it takes something like 10% of your earnings each month, then returns a lump sum to everyone of around $500 almost immediately. So people earning $40k/yr will net a couple hundred dollars per month. If you make nothing that month you will get closer to $1000 People who make $100k/yr will lose a couple hundred dollars. And the multimillionaires will lose a couple Gs a month (which sounds like a lot but it’s negligible to them).
https://youtu.be/mo9FsrSXZww
how so? why not?
Yet
it’s not like governments are trying to get there when it’s not an election season though
Elections aren’t going to save you.
I mean Somalia is right there, mate
What?
exactly. If elections ain’t doing the trick, Somalia is doing all of the tricks