Star Trek also described a world where money no longer served any meaningful purpose.
So what if we were to try this today? Well, we might just find out. Switzerland is voting on whether or not to provide every Swiss citizen $2,800/month. The main reason the Swiss are embarking on this discussion is develop a leveling mechanism that should help alleviate the growing inequality they see as socially detrimental.
...[T]he basic idea is, no matter what you do, if you’re a resident — or in some cases, a citizen — you get a certain amount of money each month. And it’s completely unconditional: If you’re rich you get it, if you’re poor you get. If you’re a good person you get it, if you’re a bad person you get it. And it does not depend on you doing anything other than making whatever effort is involved to collect the money. It’s been a topic of discussion for several decades. Why is it happening right now? I think it’s obvious that it’s a reaction to the high level of economic inequality that we’ve seen. Most European countries haven’t had big increases in inequality at the same scale that we [in the U.S.] have, [but] some of them have had much more than they’re used to.Nations with fiat currencies could all embark on this path with little or no risk of inflation. There is more than enough to go around.
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