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fab13n | 5 years ago

It needs to be called for what it is in a capitalist framework: a _dividend_, not merely an income.

It is a share of the nation's wealth, which you receive as a legitimate co-owner of that nation. The only difference with a company stock is that you cannot sell it, citizenship is unalterable. This safeguard prevents a lot of extortion schemes.

And when discussing the amount of dividend to grant (a political discussion which must be repeated regularly), the tradeoffs are the same as for a company: you want as much dividend as possible, as long as it's not detrimental to the nation's future wealth.

Many opponents to such schemes wrongly perceive it as communist, it's important to present it in a way that debunks that misconception.

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