I advocate for something like a G-corp, a type of corporate entity that is partly owned by a sovereign wealth fund at incorporation.
The founder owns a share that maintains most of the incentive for innovation.
The fund pays for some form of universal basic income.
If we want both dynamism and dignity for all, we need better default structures.
Something like a G-corp is one candidate.
At founding, equity is split between builders and the public through a national or regional wealth fund. Builders still keep strong upside. That upside is necessary. It keeps invention fast and attracts serious talent. The public share is also necessary. It converts a slice of private technological gains into broad social dividends.
Those dividends can support a simple baseline floor: food, shelter, and enough breathing room to retrain when industries shift.
This is not anti-market. It is pro-market with better plumbing.
Innovation remains rewarded. Risk remains rewarded. But the upside no longer pools only at the top of the cap table.
Any implementation would need careful guardrails. Governance must be transparent. The fund must be hard to raid. Political cycles must not dictate long-term allocation.
Still, we should begin designing now.
The future will not wait for perfect institutions. It will arrive through the institutions we choose to build in time.