To fix income inequality, we need more than UBI—we need Universal Basic Assets — Quartz

Source: To fix income inequality, we need more than UBI—we need Universal Basic Assets — Quartz

We call this solution Universal Basic Assets.

UBA identifies a fundamental set of resources every person needs access to—such as financial security, housing, health care, and education—in order to achieve economic security and prosperity. We focus on three broad classes of assets: private assets, like money, land, and housing; public assets, in the form of infrastructure and services such as education, health, and public utilities; and open assets, which are a growing category of mostly digital assets that are communally created and open to everyone, like Wikipedia and other open-source resources.

give people ownership of their data so it can be used as an asset which they—not platforms such as Google and Facebook—can leverage and capture economic value.