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That's an excellent question and one that didn't escape UBI theorists - we actually have a piece in our pipeline about this, and it also covers the (actually very old) new idea of a wealth tax.
In the meanwhile, do listen to our podcast episodes in which we talk about the rentier economic model and its political implications: "The Catch-22 of Arab economic reform" with @weddady soundcloud.com/arabtyrantmanu…
You could also listen to our inaugural episode, which was a deep dive into Saudi reforms (long before MBS was widely acknowledged to be a problem). Yup, we called it in 2017 (actually 2016). soundcloud.com/arabtyrantmanu…
