"Once we realize the vastness of the cumulative common resources that our ancestors have bequeathed to us, it transforms our conception of wealth and value. Contrary to the widespread view that an entrepreneur who becomes a billionaire deserves his wealth, the reality is that whatever value he created is a pittance compared to the immense bank of prior knowledge and social practices—the commonwealth—that he took from."
Monday, 23 November 2020
Universal Basic Income
"Once we realize the vastness of the cumulative common resources that our ancestors have bequeathed to us, it transforms our conception of wealth and value. Contrary to the widespread view that an entrepreneur who becomes a billionaire deserves his wealth, the reality is that whatever value he created is a pittance compared to the immense bank of prior knowledge and social practices—the commonwealth—that he took from."
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