Sounds vaguely like the dissolution of the Soviet Union. There too, assets of the State were distributed to the People. Somehow it all ended with oligarchs in the end.

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EGreg 5 hours ago | parent [-]

Vague indeed. Why would you compare “shock therapy” privatization (essentially looting) of public resources directly to a handful of oligarchs hands promoted by the Chicago School (founded by Milton Friedman, who also advocated this with Chile’s Pinochet)

with a UBI gradually given directly to the People, and raising taxes on corporations?

The former led to a 1993 constitutional crisis where the parliament wanted to oust Yeltsin (“our man in the white house”) and Yeltsin had troops fire on the parliament and arrest the congress, which represented the people fed up with the wage repression and looting

Yeltsin had a 6% approval rating and we helped him win re-election by meddling in Russian elections. We bragged about in 1996 with movies like “Spinning Boris” and “Yanks to the Rescue” Time Magazine cover.

The latter led to - amazing health, business and productivity outcomes under MINCOME in Canada, and the lowest gini index in America under Alaska’s Permanent Fund

https://www.youtube.com/watch?v=cUiyQ-yrk7k

https://en.wikipedia.org/wiki/1993_Russian_constitutional_cr...

https://en.wikipedia.org/wiki/Alaska_Permanent_Fund

https://en.wikipedia.org/wiki/Mincome

	▲	actionfromafar 4 hours ago \| parent [-]
		It's just that I think that it ever come to servicing debts by printing money instead of borrowing, "shock therapy" would result. Not from the UBI proposal, but from the world order crumbling. And when chaos comes, there's always a small number of people on top taking advantage. Exactly who gets to run Gas Town may not possible to know in advance, but someone will.