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Nora Bateson "Warm Data"
Team Human
Implementing Universal Basic Assets to Repair the Economic Operating System
To effectively address economic disparities, the focus should shift from universal basic income to universal basic assets. This concept, highlighted by Marina Gorbus, emphasizes that access to a proportion of national resources, as seen in Denmark, enables individuals from low-income backgrounds to achieve wealth comparable to their wealthier counterparts. Repairing an economy damaged by exploitative digital entrepreneurship requires moving beyond temporary financial support for the poor. Instead, it necessitates the deprivatization of common resources, granting people ownership stakes in the entities they engage with. This approach allows for the creation of companies, cooperatives, and commons where all participants have vested interests, transforming their roles from consumers to stakeholders, citizens, and partners rather than mere competitors.
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