Posted: Dec 27, 2016 11:28 pm
The idea of becoming super rich would have no place in such a society
They are not in the least preclusive.
The idea of a basic national income means that the benefits from the national critical industries, the patents and the high flyers flows down in a relative even handed manner with little distribution overhead.
So yeah ....the first $100 million in profits on a high flying company owned by a single person or private group goes to the national income pool via taxation. but the next $100 million is all theirs and they have a better society underlying them.
Yeah they might have to work harder to get to the big payoff .....but it does not preclude it and it is hellishly more productive in getting funds to those that need them as opposed to the patchwork of aid agencies with too much overhead.
I'm all for it and there are some experiments in Canada starting.
There was one in Canada in the 70s.