I am libertarian and pro market. I like the idea of BI.
The problem with our modern "capitalist" society is that you are forced to play the game with no exit options. Earlier it was possible to "just move West" and start farming some land. Today you don't have this option and I think it is indeed a fundamental problem.
If you're a libertarian, then you should realize that these money would come out of other people's pockets without their actual approval. Have a fund for poor financed voluntarily. Don't force people to pay for things they disagree with.
The problem is funding that poverty relief fund is not giving you a competitive advantage in a systemically brutal market. If you give charity (beyond the tax emept parts) while your competition invests, you are losing ground.
If society forces a 10% consumption tax on goods transactions, or you could just put a 10% profit tax, you don't create an environment where being empathetic is bad business.
The problem with our modern "capitalist" society is that you are forced to play the game with no exit options. Earlier it was possible to "just move West" and start farming some land. Today you don't have this option and I think it is indeed a fundamental problem.
Milton Friedman, not your typical socialist, was actually one of the inventors: http://en.wikipedia.org/wiki/Guaranteed_minimum_income