Re: Basic Income for the poor?
Interesting time for me to posit a question which has little relevance to the subject:
Could an impoverished society be considered a society of abundance?
Here's the argument:
The purpose of scarcity as a motivating tool is that people will respond to the incentive of achieving further gains in wealth. What if $1.00 a day was the most you could ever hope to achieve, based on structural issues within a society? No matter how hard you work your ass off, the theoretical society would only give you a net income of $1.00 a day. Thus, you have already achieved the greatest amount of "abundance" that you ever could achieve.
Just curious for responses... throwing out a random thought. ![]()
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