OUR SYSTEM

In economics, “Capital and labour are two inputs into a production process. When they are used to make a good or services, they function as both complements and substitutes to each other. Generally, for a given level of output they are substitutable - depending on wages and the cost of capital we could change the mix of labour and capital we use to create a good. However, they also complement each other in the sense that the more capital you have, the greater the additional output a new employee could create. “As a result, although it is true that, for a given level of output, more productive capital means we need fewer workers - the fact that each additional worker can make more from this capital implies that wages are higher, and makes hiring workers more attractive. As a result, the real change in employment is not clear - all that is clear is that technology that makes capital more productive leads to greater output and income. “In order to understand the impact of a change in tech...

The right way, of fulfilment without harm, leads to shared ideas and shared growth. The unlimited productive potential of ideas gives them enormous monetary potential. When the pursuit of power and money overrides the pursuit of fulfilment then the development of ideas' monetary potential overrides the development of its unlimited productive potential. In this scenario, a few gain exclusive control of idea development and distribution in order to limit supply for their financial gain. These purposes are best realised within corporations of control and hierarchy, where our ideas are co-opted by the corporation in order for its owners to attain increasing financial returns. Without intellectual exclusivity, with the voluntary sharing of ideas amongst all participants, there has to be cooperation and agreement for large tasks to be achieved. Organisations which do not co-opt the ideas of members have to be bottom up, democratic and participative. The realisation of our potential (to ...

Our system sustains inequity and does not enable us to realise our full potential. Too many people are harmed. One factor is that a few people’s products will always attract substantially more money than most others. But we can change that by sharing half our income from trade in a base income we all receive so we can all contribute in the ways that best match our abilities and realise our potential. Let’s do that. By doing that and other things we can construct a system that helps to lower crime, reduce disadvantage, equalise opportunity, and eliminate exploitation, poverty and the enormous cost of lost human potential. The internet has seen a massive explosion in creative contribution, but our system doesn’t work for this. Our system curtails our ability to contribute as we wish in ways that best suit ourselves and where we see a need. We need our system to take a lesson from the internet and enable sharing. By sharing half our income from trade in a shared base income we can freely...