… Syria? His options were limited. He could become an unofficial American ally, like Egypt had done. But the risk there was that it might turn him into a puppet in the eyes of his people, and spell doom for his leadership like it did for the Shah of Iran. What about the Muslim nation to his north, Turkey?
But the effects of basic income don’t stop with a reduction of risk. Basic income is also basic capital. It enables more people to actually afford to create a new product or service instead of just think about it, and even better, it enables people to be the consumers who purchase those new products and services, and in so doing decide what succeeds and what fails through an even more widely distributed and further decentralized free market system.