I am asking this question, because there does not seem to be a modern logical solution.
I hear a lot of people say that socialism might solve a lot of problems, but I don’t think it has any practicality.
Looking at jobs hiring trends, a lot of businesses are almost stopping their hirings, in favour of investing in automation. Which means 5-10 years down the line, “worker owned” might be closer to fiction.
AI is replacing a lot of jobs now and while the trend that new technologies create jobs, I think that jobs might come after 15-40 years.
Are humanity hopeless?
Hugh Segal, Canadian Senator was in charge of a UBI study many years ago. He stated that if all of our government handouts, over 60 at the time, were replaced by a UBI the country would save several billion dollars.
I’ll try to find that study.