Universal Basic Income is Capitalism 2.0
A UBI paid for with a carbon tax would both save us from the worst consequences of global warming and stimulate the economy. It&#x27;s hard to find a rational excuse for not doing it.<p>Planet Money did a great episode on this idea over 7 years ago:<p><a href="https:&#x2F;&#x2F;www.npr.org&#x2F;sections&#x2F;money&#x2F;2013&#x2F;07&#x2F;12&#x2F;201502003&#x2F;episode-472-the-one-page-plan-to-fix-global-warming" rel="nofollow">https:&#x2F;&#x2F;www.npr.org&#x2F;sections&#x2F;money&#x2F;2013&#x2F;07&#x2F;12&#x2F;201502003&#x2F;epis...</a><p>They did a followup 5 years later:<p><a href="https:&#x2F;&#x2F;www.npr.org&#x2F;sections&#x2F;money&#x2F;2018&#x2F;07&#x2F;18&#x2F;630267782&#x2F;episode-472-the-one-page-plan-to-fix-global-warming-revisited" rel="nofollow">https:&#x2F;&#x2F;www.npr.org&#x2F;sections&#x2F;money&#x2F;2018&#x2F;07&#x2F;18&#x2F;630267782&#x2F;epis...</a><p>It seems like there are too many entrenched players to make this a reality unfortunately.