India floats the idea of a universal basic income
My vote goes to redistribution of wealth, by means of a progressive tax that starts negative.<p>It is the human thing to do. But it also aligns with economics and politics.<p>Redistribution: because more money at the bottom, means a larger overall market, and I think a more stable economy.<p>Progressive tax: any paying work will always improve your situation. (So people stay motivated to work.)<p>Taxing wealth creation (and to a lesser extend, wealth) makes sense. It needs a society with law and order and property rights. That needs to be payed for. But of course not so much as to discourage wealth creation.<p>Most societies already redistribute wealth. Minimum wage, social programs, health programs, pensions, some form of subsidies. UBI is a more disciplined way of doing this. And just like these programs, you can tune that knob from low to high.