On Bailouts, Being "Too Big to Fail," and Little Luxuries
The Money with Katie Show
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Exploring Universal Basic Income and Services
This chapter examines the drawbacks of Universal Basic Income (UBI) in the presence of privatized essential services, illustrating potential wealth transfer to corporations. Using Alaska’s Permanent Fund Dividend as a case study, the discussion highlights the unique characteristics and limitations of social wealth funds while addressing broader implications for public services and capitalism. Additionally, the chapter emphasizes the challenge of fostering civil debate amidst differing perspectives on wealth inequality and the societal role of healthcare as a universal right.
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