Mar 31, 2014

Urgent need to alter NZ's wealth | Otago Daily Times Online News : Otago, South Island, New Zealand & International News

Urgent need to alter NZ's wealth | Otago Daily Times Online News : Otago, South Island, New Zealand & International News: (Mar 2014)

(By "Dr Gill Caradoc-Davies is a retired consultant psychiatrist and retired senior psychotherapist, trainer and supervisor.")
"We cannot afford not to implement a UBI soon, because we risk losing our self esteem as a nation, and we might never recover psychologically."
"Give me the back of an envelope, a pencil and an unbiased ear for half an hour and I will show you how easily a UBI can be afforded right now with very little change to income tax, and at twice the sum suggested by Gareth Morgan."
"A guaranteed Universal Basic Income (UBI, or Citizen's Dividend) for all would go a long way to relieving the situation. Yes, people will continue to work; they already do."
Some reader there is calling it communism.
"I don't know much about citizen's dividend's but it sounds a lot like communism."

Actually, it is pure capitalism. Every citizen is a owner and citizen dividend is just money coming in from the ownership. 

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