"We need to create a system whereby society stakes a claim to the returns to aggregate capital, and this claim becomes an income stream that goes to everyone. I don't see why my children and your children have a right to a trust fund [or] why Paris Hilton has a right to a trust fund, when nobody else does, or very few people do.
Think of basic income as a trust fund for all our children - to be financed by dividends from our aggregate capital, which was after all, created collectively."