Paying for the Universal Dividend: Reinventing Capitalism as a Community of Equity Stakeholders
Monetizing a limitless resource requires the evolution of capitalism.
Making everyone an equity stakeholder evokes a new vision of society.
A new vision of what it means to be a participant in the capitalist system.
Reinvention? Anyone can participate by buying shares of Apple or Disney or Google.
Capitalism is about allocating scarce resources. How do we manage a limitless resource?
We did not have the tech to turn the sun’s energy into electricity.
The sun’s energy was harvestable by anyone. All you had to do was pluck a berry from a bush or an apple from a tree.
This was before land was parceled into squares.
We can use the tax code to create universal dividend income so that the sun’s limitless energy belongs to everyone.