The real reason Zuckerberg supports a Universal Basic Income

Every generation expands its definition of equality…Now it’s time for our generation to define a new social contract. We should have a society that measures progress not just by economic metrics like GDP but by how many of us have a role we find meaningful. We should explore ideas like universal basic incometo make sure everyone has a cushion to try new ideas.-Mark Zuckerberg, Facebook CEO


Here we go. Get ready for the media to start hammering the basic income meme.

Why is someone worth $62 billion complaining about inequality? Why is the world’s 6th richest man lecturing the public on the wealth gap, and floating ideas like the government spreading OUR wealth around while hoarding his own?

In 2015, Mark Zuckerberg claimed he would give his entire fortune away to charity in his lifetime, and promptly formed an LLC for that purpose… as opposed to, you know, a charity. This means that instead of using his own money to help people, he can spend that money on lobbying politicians in Washington to use YOUR money to help people.

No, I guess true charity is the responsibility of the rest of us.
 make sure everyone has a cushion to try new ideas.

Mark Zuckerberg could give away hundreds of thousands of free expensive college educations without his net worth dropping 2%. He could provide a $12,000 grant to 1.7 million people if he actually cares about giving them a chance to “try new ideas”, and still have $42 billion left for a rainy day. If he is so concerned about people having a cushion to fall back on, why not start a charity that gives free room and board to anyone who wants to come and explore their  that gives free room and board to anyone who wants to come and explore their options for meaningful employment, like an internship?

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