I was once talking with one of my classmates and he said that in the future, there will be universal basic income implemented by entire world. I was not convinced at that time and thought he is just being stupid but given the layoffs happening and massive amount of unemployment, I am thinking about this possibility. What do you say?
People have a baseline income and can work less or maybe even not at all if noy necessary. Those that really want more can work and earn more then
I think it will be very important for that to work that we first put wealth caps. Nobody should be able to have a net worth that is an X amount. Anything above that should be taxed 100%. Say, 10 million for example, nice upper limit.
If all the nasocs are covered, free healthcare, free education, UBI, wealth caps, I think we'd live in a near utopia