Isn't cutting taxes a lot easier?
Nem said: It's an advanced idea that i suppose the capitalist world is not ready to embrace, but i see it happening in advanced societies. Pretty much it's how the Star trek earth society is portrayed aswell. Famine wouldn't be an issue and people would strive to better themselves. |
Friedman was a big supporter of it, though. A capitalist country can fully embrace this policy without losing its characteristics.
https://en.wikipedia.org/wiki/Guaranteed_minimum_income