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IPFS News Link • General Opinion

Mark Zuckerberg again defends government giving people free money

• cnbc.com by Todd Hasleton

•He doesn't address Alaska's deficits, however, and the governor's call to increase taxes.
•He also uses his company as grounds to argue in favor of basic income for individuals.

Following a trip to Alaska, Facebook CEO Mark Zuckerberg recently wrote a blog post defending — yet again — the idea of establishing a form of basic income in the U.S.

Zuckerberg said he supported Alaska's Permanent Fund Dividend, which pools money from the state's oil revenue and returns it to residents at the end of the year. In 2016, that dividend amounted to $1,022 per eligible resident.

He used his experience at Facebook to explain how the economics of human condition can change for the better if people are given a basic income to live off, such as the Permanent Fund Dividend in Alaska.


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