Universal Basic Income

Elon Musk has expressed a useful perspective on the concept of universal basic income. I think such a concept will have as large an impact on social, technological, and scientific progress as Capitalism itself if implemented. The proper application of universal basic income stands to transform society in ways that would see an acceleration of progress and a shift in the dynamics between First-world societies that adopt it and developing economies. Improved prospects for better global cooperation without the politics of unemployment.



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