Can UBI be understood as a small liquidation preference for all humans from the destruction side of creative destruction for public resources? Rather than as either redistribution or a citizen’s dividend?
Only if it’s funded by a tax on whoever benefits from this liquidation. But being unable to agree on who benefits is itself a symptom of dwindling social capital.
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Eg do we blame cigarette companies, Oxy manufacturers, payday lenders, college professors, the news media, Hollywood?
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