Socialism is alive and very well. Xuckerberg appears to be on the move to run for POTUS in 2020 and he has a large stable of multi-billionaires on his side. We have a new emerging uber wealthy class. Unlike the folks I grew up with who laid it ALL on the line to start and build a business, these folks had nothing to lose but worse, they never worked hard, they do not know blood, sweat and tears.
Zuckerberg will use the UBI as a KEY plank in his run and you can just imagine how many votes he will get for free money or Welfare for everyone…
If this lunacy of an idea worked, the Europe would lead the world in business development with the US not far behind. We almost have UBI now with about 94 Million Americas living off the dole of the govt and taxpayer, yet have many of them are now out starting a business (other than selling drugs)…
Universal Basic Income: Mark Zuckerberg wants to give you free money for being alive
Universal Basic Income:
Mark Zuckerberg wants to give you free money for being alive Mark Zuckerberg has called for the exploration of universal basic income in the US (Photo: Getty) Rhiannon Williams 5 hoursFriday May 26th 2017 Mark Zuckerberg has suggested paying people a basic income regardless of skills or experience under the universal basic income system. The Facebook co-founder called for consideration of the economic theory during a speech made at his former university, Harvard. “Every generation expands its definition of equality. Now it’s time for our generation to define a new social contract,” Zuckerberg said. “We should have a society that measures progress not by economic metrics like GDP but by how many of us have a role we find meaningful. We should explore ideas like universal basic income to make sure everyone has a cushion to try new ideas.”
8 high-profile entrepreneurs who have endorsed universal basic incomeIt might seem odd for tech entrepreneurs to take an interest in income distribution policy. But an increasing number of high-profile Silicon Valley executives are endorsing universal basic income (UBI), a system in which everyone receives a standard amount of money just for being alive.
On the one hand, it’s a way to reduce poverty, but tech folks also see it as a way to solve the growing problem of robot automation. That issue hits close to home for many of them, because they are the ones largely driving this robot revolution.
Here are some of the highest-profile entrepreneurs who have endorsed UBI.