It wouldn't be 3 trillion more to provide basic income. A great deal of that $3T is already spent administering and redistributing income in all sorts of inefficient and ridiculous ways.
We don't need to leap right to "a living wage" for basic income to make a huge positive difference. $2k is a huge bump to someone who was getting 0.
Basic income is a hedge against a future where labor is no longer required for productivity so one rich family owns all of the factors of production in the world and wonders why everyone is too poor to buy the outputs of their robot factories.
We don't need to leap right to "a living wage" for basic income to make a huge positive difference. $2k is a huge bump to someone who was getting 0.
Basic income is a hedge against a future where labor is no longer required for productivity so one rich family owns all of the factors of production in the world and wonders why everyone is too poor to buy the outputs of their robot factories.