Jun 19, 2013

Every citizen in the world should read this. Part II

The time has come for basic income Apr 5th, 2013 by Stanislas Jourdan.

Basic income is one of those “virus idea” that sows in your brain and keep reminding you how a better place this World could be “if only” we understood several simple reasonings such as:
  • political democracy cannot go without an economic democracy

This is an extremely interesting article. Every citizen in the world should read this.

For one thing, if a majority of citizens agree with this, there is a lot of money involved.

For example, the Switzerland basic income group is asking for 2500 francs a month per person. That is 30,000 a year. Over a lifetime of 80 years, that will be 2.4 million francs. In Singapore, the citizen dividend is easily $10,000 per person, which is $800,000 over a lifetime.

Part I is here.
Part 3 is here.

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