I first heard the term “basic income” in the socialist magazine Dissent in 2005. I was a 15-year-old leftist …I am sorry you got off to such a miserable start, Mr. Matthews. You still have time to wake up to the truth.
Now you’re a 27 year old leftist who sadly has learned so little in those 12 years that your blather isn’t even worth reading.
From Parable to Reality - Louis Even, 1939
Since this social capital is the most important factor in modern production, the dividend should at least cover everyone's basic needs.