>This could mean a substantial number of people are neither creating wealth through work or taxable business.
How is this any different than what we have currently? It could be argued that many employed persons are currently destroying wealth through unethical practices encouraged by profit/rent seeking that is prevalent in contemporary economy.
A basic income as you have noted will also allow for people to open 'good businesses' without as much of a pressure to turn a profit. Ideally society would start to look down upon the "I work for <expletive>'s people/companies because I need to pay the bills" attitude that is pervasive today and people would start taking their responsibilities to themselves, their community and our greater environment more seriously.
How is this any different than what we have currently? It could be argued that many employed persons are currently destroying wealth through unethical practices encouraged by profit/rent seeking that is prevalent in contemporary economy.
A basic income as you have noted will also allow for people to open 'good businesses' without as much of a pressure to turn a profit. Ideally society would start to look down upon the "I work for <expletive>'s people/companies because I need to pay the bills" attitude that is pervasive today and people would start taking their responsibilities to themselves, their community and our greater environment more seriously.