Universal Basic [Income and Capital] c/o N. Berggruen

Individual

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     INTERPERSONAL    :     SCIENCES               

HUMANISTIC  --------------------------------------  MECHANISTIC      

 SOCIOLOGY  :    POLITICAL 

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Group

AI .. Pope Leo XIV - 'Distributional justice' Pope Leo XIII "Rerum Novarum" 1891?^    *Ethics - see below.	Baby bond schemes - Australia Superannuation programme USA MAGA accounts Proposed European Sovereignty Fund? UK? Globally? "We're in this together, remember"
UNIVERSAL BASIC INCOME UNIVERSAL BASIC CAPITAL    PREDISTRIBUTION not REDISTRIBUTION ^History: Impact of the industrial revolution	.. ECONOMY   Diminishing value of labour  Global wealth inequality  US: top 10% own 93% of all equities Europe: .. nearly 60% of all wealth. Bottom 50% owns just 5%

*The ecological and ethical impacts from the energy demands of AI still need to be addressed. Financial 'rewards' for the masses, must not become the 'cake' - the bribe for the public to enter into a conspiratorial dyad with technology. PJ

Source: N. Berggruen, Universal basic capital would create a fair AI economy, Opinion, FTWeekend, 1-2 November. 2025, p.13. https://berggruen.org/eu

https://www.ft.com/content/9b93e02a-c693-4070-9094-a2f532dfa929

See also: 'economics' : 'poverty' : 'AI' : 'inequality' : 'universal'

Targeting poverty (in Hodges' model) c/o The Economist

"Indian politicians are promising more cash for the poor. They should be less selective. "

[ by the quarter - make progress ...? ]


individual - self

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INTERPERSONAL : SCIENCES

humanistic ----------------------------------------------- mechanistic

SOCIOLOGY : POLITICAL

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group- population

"Targeting welfare is costly and difficult in a country like India.

If it looks for signs such as straw roofs, it will almost certainly miss many poor people, especially in the cities.

How is the state supposed to identify the poorest 50m households in a country where income and spending are so hard to track?

The political economy of targeted schemes is also tricky. In countries with minimal welfare states, schemes with few beneficiaries also have few supporters, and therefore risk being quietly wound down or diminished by inflation. And any formula used to target the bottom 20% is likely to be so opaque that people will never know whether they should have been included or not, so cannot fight for their entitlements."

"Two years ago a government report suggested a bold new approach. Instead of a universal basic income - an idea doing the rounds in rich countries - create a nearly universal scheme from which you exclude the richest quarter of the population."

Source: Leaders. Welfare in India: The beauty of breadth. The Economist, April 6, 2019, p.14.
Print edition.
https://www.economist.com/leaders/2019/04/06/a-better-anti-poverty-plan-for-india