Living Income Guaranteed is an economic and political mechanism to ensure the establishment of Fundamental Human Birth Rights of the public through allocating an allowance on a monthly basis to every eligible individual that is currently in a position of being unable to sustain themselves – and/or people in their custody – financially to a level that Human Dignity deserves and that currently lack such support due to reasons beyond their immediate control including – but not limited to – unemployment, lacking access to food, lacking access to housing, lacking access to healthcare, lacking access to education, physical disability, being retired or not old enough to have a job.
This is within the understanding that the existence of poverty and lack of education as the key to have a job and means to live is the result and outflow of the economic system’s malfunction, providing an unfair allocation of National Natural Resources, being unable to support every living individual with sufficient access to fundamental living necessities. The most immediate remedy is to eradicate poverty, through allocating/designating a monthly allowance to those that don’t have access to their fundamental living necessities, thereby empowering them to establish a dignified life, enabling each one to reach their potential, choose a career and contribute to the economy through their skill, labour and purchasing power.
Why is it called Living Income instead of Basic Income?
It is called ‘Living Income’ because it won’t only provide each one with the minimum required to survive, it implies sufficient allowance that is able to cover the fundamental expenses required for a dignified living
– Why? Because this will enable people to reach their creative potential, return to the job market, become independent from the Living Income and contribute to the progression of the economy.
This means that a Living Income Guaranteed should be provided to all individuals that are currently unable to participate in any economic activity due to the lack of jobs/education/health. However those that don’t participate in any economic activity but do have sufficient money to live due to, for example, family wealth, inheritance or any other regular income won’t qualify nor require the Living Income Guaranteed.
Why is Living Income Guaranteed Not Unconditional?
The reason why it is not given to all people unconditionally is because this would undermine the sustainability of an economic system that does require people to be motivated to educate themselves and work to enable the continuation and functionality of our societies.
That means that people that work won’t get the Living Income Guaranteed?
That’s right, however we Do propose that the Minimum Wage is Doubled (twice the Living Income Allowance), which means that there will be a series of reforms to take place first to make the Living Income Guaranteed a sufficient Allowance granted to cover fundamental living necessities, which is within the context of our current economy More than our current Minimum Wage standards.
This allowance should be sufficient for an individual to have dignified living condition
s with guaranteed access to their fundamental human birth rights: Food, Water, Housing, Healthcare, Education, Clothing, Transportation, Public Services, etc.
Now to motivate people to work, the new minimum wage should be Double the Living Income Guaranteed in the most common economic activities which are at the moment associated with retail workers, waiters, cashiers, transportation workers, fast food industries, etc..
So, anyone that genuinely wants to have a top quality lifestyle will not conform to only getting the minimum as the Living Income, but continue educating themselves, developing further skills to make more money and have more financial solvency.
What’s in it for the corporations with implementing the Living Income Guaranteed model?
A broader consumer base. Those that previously had no money to live and as such were not economically active will suddenly become active participants in the economy which will ensure that profit is also broadened for corporations, realizing that if more buyers emerge, there will be more profit that can be used to better the working conditions, to diminish the compulsive production and instead adapt the prices to make things affordable, with great quality and providing a secure and harmonious working base, as well as proceeding to fund the automation of jobs that are currently deteriorating human health.
Workers will feel supported and cared for by their employers, which will result in individuals that no longer feel pressured and enforced to only be a profit-making machine, but will feel happy and content to realize that their work is being truly remunerated and that their time and contribution to the corporation is being valued as the life-time investment it actually is. A well remunerated individual will create a happier and fulfilled society that is no longer afraid of not having sufficient money to feed their family, it will be the beginning of a new era of quality work that dignifies the lives of human beings that genuinely desire to improve their lifestyles.
Why is the implementation of a Living Income Guaranteed an immediate solution to the economic crisis?
More than a solution to a crisis, it should be understood as the way to guarantee that the Fundamental Human Rights to each individual are properly funded through allocating an Allowance as the access to the necessary things one requires to live in a dignified way – this is within the principle of Giving to others what we would like to receive, and if we want to live in a peaceful society, to have a happy and healthy living condition, we then must give access to this Allowance/Income as a living certainty that will eradicate the need to resort to crime, panhandling, homelessness, lacking education, health care that results in economical regression affecting every individual in society.
It is common sense that if we give an Allowance to every eligible individual to be well nourished, have proper living conditions with the fundamental necessary services, health care and leisure time, more educated beings will emerge from this when realizing that if one is given support as in getting an income to cover one’s living necessities, one learns how to give back to society too. This will be understood as a living principle that applies to every living being on Earth beyond any political, social, religious or ideological affiliation. We’re talking about physical living necessities that all human beings require to live in a dignified and sustainable way.
On top of this, many jobs are being replaced by the rise of the machine, which will require more restructuring processes in our economy to finally upgrade the premise of being able to ‘make a living by having a job’ because if jobs are currently not available to all – regardless of having college degrees and necessary skills to have one – then it is certain that a new understanding of our economy should be grasped as supportive mechanism for all individuals rather than a restrictive and coercive one.
In the past, long-term policies and treaties have attempted to benefit the working class over time, and it has proven to be inefficient for the tightening policies implemented by corporations as well as the economic outflows have deviated their effectiveness. This is how through a direct intervention to provide the Living Income as an Allowance and doubling of the minimum wage, we are directing the problem at the root, instead of expecting third party actors and policies to solve the situation throughout time.
Will the Living Income Guaranteed undermine competition and as such create economic stagnation in society?
Not at all, actually it’s the other way around. If we define competition as the ability achieve the best living condition in a society, by allocating Allowance to every eligible individual that previously had no access to it, we assure the activation of the economy and impulse people to work if they do want to have a greater economic solvency to cover other consumer desires for extra commodities that are not able to be paid for with the Living Income Guaranteed. Also, there is no limit to how much money you or corporations can make as long as their businesses do not interfere in any way with the nationalization of natural resources or fundamental public services – that is the condition. That means that the rules of a free market still apply and as such, the only constitutional and governmental management will be to supervise the implementation of the Living Income Guaranteed, as well as conducting the usual maintenance, management and provision of public goods and the justice department.
The more you prepare yourself, the better work you’ll have, the more benefits which means you will earn more money as well. Competition means bettering oneself to perform a certain activity the best way one can and this is an essential part of human nature that has kept our societies remaining competitive, innovative and creative at a local and global level.
You will also be able to truly have free choice on which work is best for you instead of engaging in working contracts based on need rather than preference or choice. This is the way to implement a real ethical environment at work too, where no more exploitation occurs since any job won’t be the result of a need to work in order to survive, but rather become a means and incentive to increase the quality of life.
How will it be funded?
Through the nationalization of resources , banks and basic services which means that if, for example, your oil, gas, water, electricity, telecommunications ,transportation is defined as patrimony of the people, the profit that comes from the consumption/purchase of such goods and services should be sufficient to fund the Living Income Guaranteed for eligible individuals. This means there will be no need to have personal taxation but instead keep the VAT (Value Added Tax) as it is to continue funding the functions of the government – this is also within the consideration that as the purchasing power increases and consumer base broadens, the funds coming from VAT will also increase creating more solvency in governmental budget as well, which translates to higher quality public welfare.
Thus with the Living Income Guaranteed there is one thing that is of vital importance: no one in the system, no citizen will pay tax – all tax will be facilitated by either value added tax or sales tax or import duties. If you have a government system that is responsible because you have a system where each one is functioning effectively within the system, you do not need excessive tax; your tax is spent on things like roadwork, transport facilitation – all things that can be handled ‘in house’.
One of the things that can work quite effectively also in a country is to have a toll tax on the roads which are managed by the government and that keeps the roads in place, so according to the use that one has of a road = will be the amount of tax you pay, but there will be in this proposal no income tax, so nobody is going to pay for anyone’s Living Income Guaranteed, it’s coming from the resource companies which everybody in the country are participating in and your sales tax or your value added tax will be according to the amount of your participation within a particular system – this is a fair way of dealing with government tax collection.
This is how the distribution of wealth and profits is expanded onto those that would have no benefit from the commercialization of natural resources and basic services, and due to the constant consumption and requirement of these, it is ensured that the foundation of the Living Income Guaranteed will always remain sustainable and have sufficient funds to cover the beneficiaries’ expenses.
Another example is how through stopping allocating money to fund wars, the trillions of dollars that are spent in the warfare industry can be designated to revitalize the economy through funding the Living Income Guaranteed and supporting the health care, education, commerce, production industries and basic services that require to be improved at home.
Will Public Services also be Nationalized?
Health care, education, water, electricity, telecommunications, media, banks will also be nationalized. Each country will have to assess their available resources in order for the government to make sufficient profit to fund the Living Income Guaranteed.
How can we implement the Living Income Guaranteed?
Through a political proposal, through existing or new political parties that have this mechanism as their key card to gain the majority vote to have our Fundamental Human Rights guaranteed through the Living Income Guaranteed. This means that the right to a Living Income must be granted on a constitutional basis – this is a national-based system constituted at a political level and able to be voted on within a democratic process based on the principle of one man, one vote.
This entry was posted in Basic Income Guaranteed, Economic Change, Economic Reform, Equal Life Foundation, Equality, Financial Independence, Free Choice, Global Economy, Job Creation, Living Income Guaranteed, Motivation, Nationalization of Resources, Pricing, Self Development, Social Capitalism, Social Responsibility and tagged best for all, BIG, common sense, competition, constitutional human rights, corporation, democracy, economic crisis, economic stagnation, Education, end poverty, end war, equal life foundation, fast food protests, financial solvency, fulfillment, fundamental human rights, funding human rights, governmental support, happy society, health care, how to fund basic income, human dignity, human rights, jobs, life, LIG, living income guaranteed, minimum wage, money, monthly allowance, national-based economic system, Nationalization of Resources, oil, patrimoney, paying taxes, policies, positive capitalism, quality work, retail workers, solution, solution to government shutdown, stop war, taxes, top quality lifestyle, ubi, unemployment, VAT, what is the living income guaranteed, working class.
This will be an ongoing discussion wherein slowly but surely we will dissect the situation around the idea that the machine could be ‘the savior of mankind.’
Within this we have to first look at where we are with the machine as it exists now:
- What is this machine?
- What have we done with this machine?
- How is this machine functioning in our current society?
Here let me give you a story…
About three years ago, one of the neighbors came and we were discussing things in general, he then mentioned an interesting event, a family member tendered for the engine block of one of the new Toyota models that were going to be produced. The specifications of the tender were that the block must last for a warranty period of five years. So in their diligence and commitment to get the tender, they engineered an engine block that would last 8 years. Obviously they were under the impression that if you produce something better than the specifications, your tender will probably receive a more positive view. Fascinatingly enough their tender was rejected, because it did not keep to the specification of a warranty of 5 years.
Now the engine block of a motorcar is engineered, produced and constructed by the machine, but who makes the machine that makes the engine block? That is the human and the human intent.
If we take this now to a broader view of many, many products that are available in stores, we’ll notice that many of them are produced by the machine. But regardless of being produced by the machine (which by the way ensures a greater level of perfection than when it is produced by the human) – in total disregard of this potential perfection, the human would design the machine to produce the goods to only last a limited period of time. This causes massive levels of consumption, placing massive pressure on resources and all in the name of creating a market flow which produces money and profit, which produces – according to our well-drilled brainwashed economists –a market economy that’s necessary to keep the world economy going.
And within this obviously, the competition that exists between the remaining few corporations in this game of monopoly, is to see ‘who can destroy who’ in price wars. It’s an economic war going on and at the end ‘only one shall remain’ – and the one that remains obviously will determine in the end the quality of the product produced. If the consumer has already been conditioned by the fact that nothing else is available but that which has a limited warranty, the corporation can keep producing the same product over and over again, knowing that it will fail within a particular period of time where the consumer will be addicted and adapted to have the product and thus must replace it by their own apparent ‘free choice’ — and so a market force is being created.
Is this really the purpose of ‘the Rise of the Machine’?
What is the machine replacing but the human labor point?
By replacing human labor what we have already seen is that many people lose their jobs and even those that remain employed, end up receiving lower incomes with only the few at the top receiving higher incomes. In this way it is ensured that those that do make the decisions, do not question the system; those that do not make the decisions have no choice, because otherwise they will have no job because of their diminished bargaining power in an economy with high unemployment.
So, a perfect slavery system exists – all in the name of the machine and the machine is blamed for it, instead of the human.
Certainly in a redesigned economy, the machine can play a significant role in perfecting the products available for the human race to use, perfecting the reduction of resources used in the production process, extending the life of the produced product as part of this perfection. Through this, allowing the human to benefit from their placement of the labor resource by ensuring that there is significant and enough basic income for each one to ensure that the product produced can be consumed but for mostly to ensure that the right to life is recognized as a human right, allowing the human to have more free time in which to develop their awareness to become more benevolent, less competitive and self-responsible. Those are the points which should be the outflow of the rise of the machine: a reduction in competition thus a reduction in conflict, a reduction in war and the development of quality production and sustainability, because the principles are understood as what is necessary to have an ecosystem that is effective and supportive in nourishing the human race as a whole. Unfortunately, this is yet to be considered.
You should watch the documentary
The Light Bulb Conspiracy to understand the nature of the problem: the problem is the human being, not the machine. The machine certainly can create and contribute to a society that brings vast levels of freedom to everyone and our society can develop a higher purpose for its existence. At the moment, we’re at the most basic part of our existence where there’s not even a Basic Income, there’s not even a Living Income for everyone! While this could have been possible if this was introduced as the machine was rising but instead, those brutal enough to take advantage of the situation forced a play that caused a massive problem in the world, and now all the top people, the elite in the world has no idea how to practically solve the problem.
So the solution to the problem is not apparent, more radical steps are being considered. I would suggest that the real radical step is to realize that the mistake was made when labor was removed from the equation of the pricing of a product, and it was replaced by the labor of the machine, you cannot compare the two: the machine is actually an extension of human labor and therefore the human should be glorified through it, it found a better way to create more time. But now instead, those that do not fit into the economic model are forced to use all their time to find ways to survive – that is certainly not the way forward.
Living Income Guaranteed, become part of the research. If your objective and your principle is like ours: to find a practical solution that is best for all that works for everyone and you can see that obviously that is the only way we will have a workable solution on earth, then join us. There is no way that an answer on Earth is going to come through an individual, it’s going to require a group, the group as humanity to work together, to bury the hatchet and to forgive each other and to move on and create a system that is best for all – there is no other solution possible. And to simply try and ‘find ways’ that do not involve an outcome that is best for all: is just a waste of time.
This entry was posted in Basic Income Guaranteed, Best for All, Birth Right, Budget, Common Sense, Consumerism, Dignified Living, Economic Change, Economic Efficiency, Economic Growth, Economic Reform, Education, Elite, Equal Life Foundation, Equality, Global Economy, Human Creativity, Human Rights, Integrity, Job Creation, Labor, Machines, Market Forces, Marketing, Planned Obsolescence, Power of Acquisition, Pricing, Production, Profit, Propaganda, Quality Standards, Resources, Science, Self Sustainability, Social Responsibility, Sustainability, Technological Unemployment, Technology, Value and tagged annual income, basic income, capitalism, competition, economic approaches, economic efficiency, economic war, elf, employment, engineering, erradicate poverty, forgiveness, free choice, higher incomes, human labor, job creation, labor, labor value, living income guaranteed, load costs, machines save mankind, market forces, monopoly, new economic model, pay the poor, peak employment, planned obsolecense, product uprade, production, reactivating economy, solutions, Survival, technological unemployment, technology, tender, the lightbulb conspiracy, time, toyota, work.
One must first understand Inflation. Many years ago I asked a big shot in the bank a definition for inflation and his answer was quite incoherent, it’s like a matter of opinion. So we should rather look at the facts, than the opinions and justifications of ‘What inflation is?’and ‘Why does it exist?’
In a way if we go back in history, inflation can be seen as an extension of the cruelty of man. When there is not enough, then the so-called ideology of ‘Supply and Demand’ allows the greedy to increase prices and sell to the highest bidder, ensuring that the ideology that ‘money is power’ becomes ingrained in the human consciousness.
Another perspective of inflation is that it is an extension of Public Relations and Advertising.In advertising the real picture is photoshopped to make it more aligned with the mind, the mind becomes controlled by these images, goes into association and a relationship of comparison and then judges reality according to these pictures. This mechanism creates desires which produce the same type of supply and demand where the human who is controlled by these images and propaganda will do whatever they can to buy a product that is being inflated in its image.
Now the clever thing about this inflation of products by Public Relations is that you have to read the small print. The big print is all the fake and false images – the small print contains all the legal truths. The real truth about anything is always the small print because there you know you get the information about side effects, warranties, planned obsolescence, all the negative stuff is in the small print while all the positive stuff is in the big print. This is the same nature of positive thinking: it inflates the image on the positive side, it diminishes the negative side causing extreme imbalance that eventually reflects itself in general society as poverty and wealth.
Let’s look at another point of inflation: the deliberate inflation of prices to increase the profits of the corporation.As mechanization has been increasing – which should simply function as the replacement of labor, not the replacement of employment: more and more jobs are lost.Yet, prices are still being inflated. And now we sit with massive unemployment, inflated pricing, a problem with supply and demand because people don’t have money to buy and consume. So despite an appearance of inflation, the economic reality is that the economies are shrinking and not inflating– and you sit with the problem that your real value of a product has been lost a long time ago, because the real value has been labor all along.. And because the ideas of saving, competition, inflating the corporation and the war for a monopolized control has become the way of the world — the reality of what really exists is no longer easily accessible because: all we have is our inflated images.
So obviously if we have to keep following this distorted view of reality which is justified through the word ‘inflation,’ which is just a model of statistics – and you can check out the previous blog about the uselessness of statistics (A Living Income Guaranteed is the BIG Issue) the statistics just inflate the idea that you know what you’re talking about, so statistics is just another form of inflation, it’s just Public Relations. It’s just a fake and false image and likeness with which the actual data is distorted so that those that benefit from having control and access to resources through this inflated view can justify why it is that the things are the way they are, why poverty is so immense and expansive… And so you’ll have the curious bizarre thing happening, for instance that the corporate top dogs and the loyalty they buy from people that are in the corporation – as well as their income – has been skyrocketing for at least the last 30 years. So these massive profits are used to buy loyalty which protects the top dogs. This same illness is now part of the government where people’s loyalty is bought so that they can protect the wealth of the few while the majority of people on Earth are existing in one or two dollars a day – and that’s quite okay apparently because the image is inflated to say that “That is enough for them to make a living.”
If we do not change the system, this Inflation point will have an effect. Obviously if the Living Income Guaranteed becomes a reality, we have to change the economic model: it’s not working, it has a fake and false inflated image by economists that are not worthy of the word ‘Economist’ because they are not managing and researching the ecology, the ecosystem of the world to ensure that every human being’s basic Human Rights are being protected.
Therefore everything you know about ‘Economics’ as several people that were brave enough to stand up have said “you have just being been lied to” – Economy/the Economists, the ideas of Economics are all just a lie and so is inflation – the image is inflated, the truth and the data are not real and the human being has been mislead to believe that their data should not be in the hands of a central agency to actually create a stable environment. And so, the corporation and the propagandists can say that they’re doing and acting according to the will of the people, because the problem of inflation even exists there, the specific ideas and conspiracies have been inflated deliberately to create this image and likeness that the human’s will is apparently democratically being adhered to – It’s all in the image and likenesses of inflation.
For this all to work, you better study the Living Income Guaranteed proposal where we show what is necessary to be in place for a balanced society, where we show and expose all the inflations and propagandas and misdirection, where we show that at the end, even those in the current BIG proposals only have inflated egos – so inflation is really everywhere. Nowadays we even have inflation in terms of what it does to the body because the food is no longer supportive of the body, because Health is not really on the agenda of those that make policy,it’s all about profit.
Inflation is a danger all around and unless we stop all inflation – which is just a mind job – and we get back to reality and work with actual data based on the physical, our economic balance on Earth will not be restored, we will not have an ecosystem that supports Life on Earth and that protects the Human Rights of Every Human Being.
Equal Life Foundation Research Team
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With the nationalization of banks within the Basic Income Guaranteed and the eradication of interest on money, the money supply will grow as a function of labor. The labor has a capital value that will increase the money supply. This has been effectively used by the Germans where they made labor one of the foundations of their economic system. And within the Basic Income Guaranteed where you have a basic income for all your basic needs and you have a guaranteed minimum wage that is double the Basic Income Guaranteed, your labor value will be predetermined as part of every product and service produced.
This means that the input of your labor as value is reflected and revealed within the price of goods and services. This way each person will understand that part of the price is another person’s livelihood, and that as you give = you will receive. Labor then becomes part of the economic value system, part of the production cost – which must be valued sufficiently to be able to support the laborer.
Labor is the action of the human with a measurable value which will be like the accumulation of interest and you’ll have a compound interest effect, which will have the effect of an ever expanding economy, ensuring that everyone in the country has sufficient support to have a dignified life. This is a fascinating point that economists should have adopted long ago, but unfortunately labor has been demonized instead of realizing that that is the actual only real interest that can exist within a system based on money.
Equal Life Foundation Research Team
This entry was posted in Banking Industry, Basic Income Guaranteed, Basic Needs, Capital, Capitalism, Civil Rights, Dignified Living, Economic Change, Economic Efficiency, Economic Growth, Economic Reform, Employment, Equal Life Foundation, Equality, Global Economy, Goods and Services, Job Creation, Labor, Minimum Wage, Money Supply, Motivation, Planned Economy, Power of Acquisition, Pricing, Production, Profit, Self Development, Self Sustainability, Skill Development, Social Capitalism, Social Responsibility, Socialism, Sustainability, Value and tagged accumulation of interest, basic human rights, basic income, compound interest effect, dignified living, economic efficiency, economic value system, equal life foundation, equality, goods and services, guaranteed basic income, increase minimum wage, increase money supply, interest, labor unions, labor value, livelihood, living income guaranteed, money supply, nationalization of banks, new economic system, pricing, remuneration, retribution, support, work, worker's rights, working.
The theories about free market suggest that supply and demand determine the price and that apparently there is a ‘market force’ that is determining at the end of the day who will be wealthy and who will be poor. The odds – if you know from playing Monopoly – are that ‘he who has the money will be wealthy because they will get more’. This is happening very effectively with commodity pricing, because the future’s market and the establishment of pricing through this common oddity instead of common sense – for example, determining the price of food this way like in a giant casino – is certainly not a way for any competent government that represents citizens to enable feeding its people.
Take for instance food in a capitalistic world where labor is a capital and your food is a capital, and the seat of your government is a capital and the money you have is a capital: the creation of food and feeding one’s citizens and then making available the surplus in the open markets is the way it should function. Where the establishment of food prices is based on the labor input and the cost input and the historical growth in value through the accumulated effort of the human’s participation on Earth. These are the aspects that must be part of the pricing system to ensure that those people have no need for a Basic Income, because there is sufficient profit for those involved in creating the food to make a decent living, to pay the farm laborers properly so that they can do their work with a loving heart and not because they are forced to do it because they have no other means to make a living.
Imagine! all the people that are into the ideas of ‘consciousness’ for instance, already have this inclination that ‘the hands that touch things have an influence on its constitution’. This would imply that if your food is produced by poor people desperate to make a living that are not getting enough money, constantly experiencing anger, anxiety and fear = that would be transferred to our food and because we accept that as ‘okay,’ we accept the consequence of this form of production as ‘okay’ and as such, we accept the consequence of placing this in our body as ‘okay’ without realizing and understanding how is it that within this we contribute and participate in creating more disease on Earth.
Within the commodities’ markets, food pricing and the giant casino, those that make profits do not care about this because they can create another health product to sell and place on the markets, continuing the cycle of supply and demand which results in forced labor and economic slavery.
With Basic Income Guaranteed we suggest that we start looking at the real science, not only the genetic modification that is attempted to be controlled through patents and influencing the food supply to influence the palate of the population and have control over it and thus control over price. Price control in Basic Income Guaranteed is not a matter of control, it’s a matter of common sense: if the labor part of the food production is not healthy = the food cannot be healthy as the investigation into water crystals by Masaru Emoto indicated – and then it cannot produce a healthy society because the pricing isn’t healthy, the capitalistic system isn’t healthy, there is not enough money moving and your debt will increase! And then, because you are creating the system through a form of conflict, the only way you can then save the system is through conflict. Capitalism throughout time has been proven to ‘need war’ to continue existing and regenerate the economy, to create jobs and to create money for a minority.
Commodity markets and open markets need a new definition where a country produces a particular commodity, it first supplies its own citizens and the surplus – which can be determined as to what is needed in the world, just as it is done with oil – can be sold to all the other countries that need a particular commodity so that they can have access to it on the open market at a price that does not cause poverty and starvation, but that enhances the global economy.
Labor has lost all capital value which means if your labor is worth nothing = you have no power with which to ensure your wellbeing financially, health-wise and in all ways of your own family – and then a country is not able to support its citizens through proper government. And here the capitalist, the wealthy person needs to understand the simplicity of the Basic Income Guaranteed. If you have citizens that have more money to spend and you only have a system that focuses on competition based on pricing, will cause less money to flow. Therefore we propose that competition is based on value, technology and effectiveness.
If one competes on things that are genuinely valuable like a better warranty, better quality product or a unique and innovative product, it is a healthy use of competition that doesn’t cause harm: it enhances the product. But to compete based on price alone, claiming that global prices are going to be ‘good for the citizens’ while the quality of the products is dropping all the time indicates that there’s something really wrong in our reasoning! Because the evidence is very clear that this is not how reality works. The very fact that this is even allowed and not seen as treason because of the way it harms the citizen = that is even more revealing to what extent we are not yet aware of how we have caused our own crisis and demise.
How labor loses capital value with lower commodity pricing and that lower prices create job loss, unemployment and starvation, should be part of our common sensical understanding of the economy. Yet, do you see any of this in the news? Do our journalists actually even comprehend the fact that they are not actually reporting the root and cause of the problems we hear and read about every day? This is a massive problem when we fail to see how it is through our common acceptance of economic inequality that we then accept every single problem and consequential outflow that stems from failing to support every single individual to live in the best possible sustainable manner.
The facts are that if the labor that is put into the production of something like food is not compensated effectively in and through the price, and if the distribution is not compensated and all participants within the creation of the food process are not compensated properly = then we are creating poverty through producing food.
How have we created poverty? We have food at a lower price which means less tax = which means a weaker social service = which means there is not enough money to support all the citizens – this is why we end up with revolutions – Why would we do that deliberately, unless it is that we don’t even understand – after our so called evolution – that we are actually creating the problem with ideologies like a ‘free market forces’ and ‘supply and demand.’
Supply and demand is very simple, it should be based on: What is the supply? Is there enough food for everyone? Which means that the demand is how much we need, what’s the surplus and whether the profit made from it actually supports everyone that is involved in the production process to make a decent living – this is what supply and demand is in a practical civil way. The ways that are currently used are downright counterproductive and detrimental to our global economy.
If you can see within integrity and common sense the problem that we are presenting here, then support a solution that is real: educate yourself, step out of your self-interest and realize that we must work together as one within a democracy to bring about real change.
Equal Life Foundation Research Team
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