Have a great Christmas if that's your thing. All the best for another great year - assuming you enjoyed this one, otherwise, just have a Great New Year!
Income seeking is the desire to build enough wealth to ensure financial security. Financial security gives people the financial independence not to need to work for an income because they have enough wealth to sustain themselves without one. With financial independence, we can choose how we contribute and be safe from loss of income for any reason (such as illness, accident, whatever). At a very high level of wealth, people have the equivalent of guaranteed income such that they can choose how much work, and what work, they do. They have the financial security, the financial independence, to do this. One way to help people get off the rat-race of pursuing ever higher incomes to generate ever larger stores of wealth to gain financial security, is to just give them than financial security directly via a guaranteed income. This is what universal basic income plans seek to do. Importantly, the universal basic income does not have to be only in direct payments. In fact, it is more effective...
The whole idea of a shared base income (the SBI, a universal income funded by a half share of all earnings) is to enable everyone to grow, to fulfil their potential. So the SBI encourages excellence in what we do, it encourages us to contribute at what we're best at, because that best realises who we are. Humans (also known as 'homo sapiens' or 'wise men' to translate) are also mind-centric, we try to understand how things work in order to learn and to adapt and form ideas on how best to use and do things. The ideas on how to use, shape and form things are the ideas that enable us to do more. These are the ideas that form new techniques and new technology, and technology is the driver of economic growth. It is why, for the last 250 years or so, we've had economic growth of 2 percent per year on average; whereas, for the last 2 million years or so before that (when forms of primitive humans first evolved) economic growth had been virtually zero. A true SBI should...
Real value is not money. Real value is fulfilment. Fulfilment is from realising potential, achieving understanding, having ideas, contributing and producing, learning and growing, from living. Fulfilment is a factor of realisation, understanding, ideas, contribution and productivity, learning and growth. All of this is enabled by freedom from harm. A good economy enables us all to contribute. It is sustainable, not sabotaged by speculation. Its reward is not a steady rate of return (or wild riches), but fulfilment through the realisation of potential, through best contribution. In the same vein, real costs are not financial in the real economy, they are human. These are the hidden but also often blatant costs we pay now when we are unable to realise our potential, find fulfilment and contribute. This is the real cost. Financial cost is not the factor of importance; harm to our ability to realise our potential and find fulfilment is the real cost. The real economy is not only politicall...
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