Feb 24, 2014

Karl Marx updated: To each according to his share

Karl Marx is famous for saying this:
From each according to his ability, to each according to his need.
Karl Marx lived in a poor world. But the world has become very wealthy.
"We live in a world of abundance and wealth."
(From Unconditional Basic Income: 1,000 Euros a month for everyone!)
If Marx had lived in today's world, his slogan might be this:
From each according to his ability, to each according to his share of the country.
Since every citizen has one equal share of the country, this can be more specific:
Tax progressively according to income level, and distribute citizen dividend equally.
A citizen dividend in a world of abundance and wealth is way higher than a "livable wage", and is way more than a person's need.

Here are a few examples of the "abundance and wealth" in this world:

Falkland Islands: US$500,000 citizen dividend for each resident annually.

Kuwait: $2.3 million citizen dividend each, over a lifetime of 80 years.

Equatorial Guinea: US$6,000 citizen dividend each.

Norway: At least US$5,000 citizen dividend each, and going up each year.

Singapore: $800,000 citizen dividend for each citizen, over a lifetime of 80 years.


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