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.
One of the fundamental issues in the world today is that education has become irrelevant, because it is based on the value that you can give to a corporation or a business to make a profit. Therefore even your labor and your education do not belong to you and do not add value to the system and do not allow you to effectively participate in the world for the betterment of everyone.
In South Africa for instance, there’s now a point system where your education is based on a life-long learning process that accumulates points. In the Basic Income Guaranteed system, education will be the enhancement of your labor value – your labor value being the capital growth that you add to the system. It will also be the way we add money to the money supply and the way we grow the economy. According to your education and the points you add to your labor value, your service and labor fees that will determine your income value will accordingly increase at a guaranteed level, as it will be a set framework that is equal for everyone.
We will be able to increase our capacity to earn by increasing our labor value through increasing our education. This is why education will be important to be at a quality and evaluation level that is equal, so that the labor value increase is equal. The form of competition within the system would then be your drive to improve your labor value through education. This will bring education back into value and it will ensure that those with effective accumulated labor value increase, as education will take prominent positions based on the quality of labor which will thus produce a new living standard within the world system: it will bring about a quality in service, a quality in the general living conditions of the human as we will have a system of education based on integrity as a result of having an economic system based on integrity.
Our labor will be worth our value, which will be important especially in terms of the Basic Income Guaranteed because your service fee/labor fee will carry a value of service tax/ sales tax/ value added tax which is a form of tax value that is created through labor and not through resource, and thus will facilitate in large, the ability of the system to supply and to sustain a Basic Income Guaranteed.
Equal Life Foundation Research Team
This entry was posted in Basic Income Guaranteed, Capital, Competition, Dignified Living, Economic Growth, Education, Employment, Equal Life Foundation, Equality, Integrity, Labor, Minimum Wage, Money Supply, Motivation, Quality Standards, Self Development, Self Sustainability, Skill Development, Social Responsibility, Socialism, Sustainability, Taxation, Transparency, Value and tagged accumulation of points, dignified living, dignified living conditions, Education, education system, human rights, income value, integrity, labor, living income guaranteed, minimum wage, money supply, profit, skills development, south africa, taxation, value, value labor.
Why are the Human Rights of every person on Earth not protected? If one takes this to the level of a parent, every parent wants for their children the best future in this world. With the current application and the implication of the way that our current system functions, it is more based on luck than on the fact that one has a birth right as a human on Earth to have a decent life with basic needs fulfilled. No one that currently has got these needs fulfilled would like to give it up and live in the conditions of those that do not have Human Rights in this polarized system between haves and have not’s.
With the Basic Income Guaranteed – which is in a way positive capitalism – this problem can be resolved and a lot of unnecessary discord and wars on Earth can come to an end because we have a system that works. War has only become an easy way for the few elites to make a lot of money, utilizing people living in poverty through paying them a pittance for their patriotism to go out there and kill people. And all of this just to support an arms industry that is in its very nature of existence a violation of Human Rights in every way.
We suggest that it is important to investigate what Human Rights are for you and then to have a look if you have them. If you are lucky enough to have them, then also investigate if everybody has got them as well and if they don’t: we have the responsibility to ensure that they get them. If we are not willing to live the lives of those in poverty, then why should we keep others refrained from their right to have a dignified living? Currently we’re living in a modern day holocaust wherein capitalism and elitism have become part of our individual ideology in which we haven’t learned to care for anyone else but ourselves and where we use money as a dividing line between having Human Rights and not having Human Rights, accepting it as ‘how the world works.’
Through the correct use of democracy, there is going to be a change in the system and once we all realize that we can use politics to bring about a change, we can use democracy as the majority rule to bring about a change that is best for all. Within this there are also going to be consequences, because the violation of Human Rights will certainly be investigated – even only in a way like what happened in South Africa after the apartheid era, a forgiveness tribunal was established where what really happened was exposed, so that we all can learn from it and prevent it from ever happening again.
We suggest that we all get involved now, let’s realize that there is a change in the awareness of the human being wherein slowly but surely, we are all having the realization that we’ve been taken for a ride through propaganda and through manipulation of the mind, which is a necessary and inevitable step to finally take the veil off our eyes. Rather than waiting until it happens – which will place one squarely in a position where you may be perceived to have been part of the violation of Human Rights – we suggest to act now and take action. It’s going to take a lot of education and it’s going to take a lot of effort to help those that are stuck, which are the people with money – the rest have been stuck because they don’t have money and they have to focus on always getting money to survive day by day – but something is certain: this will not continue the way it exists now.
Ask yourself the BIG question: why is it that everyone on Earth does not have Equal Human Rights? Why is it that Human Rights have become a commodity that can be bought with money?
Equal Life Foundation Research Team
This entry was posted in Basic Income Guaranteed, Basic Needs, Birth Right, Capital, Capitalism, Change the World System, Civil Liberties, Civil Rights, Class Division, Democracy, Dignified Living, Economic Change, Economic Efficiency, Economic Growth, Economic Reform, Education, Elite, Equal Life Foundation, Equality, Happiness, Honor, Human Nature, Human Rights, Integrity, Money Supply, Planned Economy, Politics, Power of Acquisition, Profit, Propaganda, Psychology, Public Relations, Social Capitalism, Social Dividends, Social Responsibility, Socialism, War, War Industry and tagged apartheid, arms industry, capitalism, class struggle, democracy, elite, equal life foundation, forgiveness tribunal, human rights, LIG, living income guaranteed, patriotism, positive capitalism, Poverty, social responsibility, socialism, south africa, ubi, violation of human rights, wars, weapon industry.
One of the fundamental problems in the world in how crime develops is through tax and tax evasion and for that, specially companies employ lawyers to find loopholes in laws so that they can set up all kinds of foundations and charities with which to evade tax; and with which to influence the markets and the goods available to the consumer, to benefit their own bottom line. Now with Basic Income Guaranteed it is suggested that there is no tax at a personal level and no tax at a corporate level and that one only works with either sales tax or value added tax or, if necessary, with an import duty.
Charities and foundations should be eradicated because they are actually only duplicating the work that should have been done by the government – and the government being the people, the government is not a separate corporation and it is the social arm of the people. Therefore all the work done by charities is actually the work and responsibilities of the government of the citizens, for the citizens. And this duplication exists in order to be able to evade tax, placing governments under pressure to borrow more money, taking vast parts of the budget going towards interest is quite a foolish thing to do because that just makes the government more ineffective.
The most sought after jobs in the world should be those within the government that will require the highest level of expertise with very clear guidelines to ensure that the work delivered at all times is without question the best that can be. After all the foundation of respect between citizens is based on effectively delivering goods and services required to live. This is being hampered by the current methodology where especially profit and tax evasion plays a role and where the services of government are undermined – in many cases deliberately – simply to make profit quickly. This type of behavior which is a form of financial treason, should be outlawed in every way.
And therefore the positioning of accounting services really should be replaced by automation – this implies a universal software that is linked to the banking industry which is under Basic Income Guaranteed which automatically assesses the profit margins and automatically keeps a tap on the income to make sure that the minimum wage is always adhered to, as well as ensuring that nobody can defraud the system. The only reason why there is no transparency at any level when money moves is because there is dishonesty. Absolute transparency means nothing is hidden and one should also apply this within the context of the pricing of goods so that one ensures that when a company is operational, there is enough money moving to ensure everyone gets their wages and that there is sufficient profit for the investors, so that at the end of the day the sales tax and the value added tax are paid effectively. All of that can be automated, removing the human factor that at this stage causes so many problems, because of the temptation that still exists to abuse the use of resources for personal benefit.This will only be stopped in time through education and understanding how peace and harmony depend on our ability to trust one another.
Equal Life Foundation Research Team
This entry was posted in Accountability, Automatization, Banking Industry, Basic Income Guaranteed, Basic Needs, Budget, Cashless Society, Charity, Corruption, Goods and Services, Government, Honor, Law, Minimum Wage, Respect, Self Development, Social Responsibility, Socialism, Taxation, Trade, Transparency, Trust and tagged automatization of accountability, governmental positions, import duty, sales tax, self honor, social responsibility, tax evasion, value added tax, VAT.
In a democratic system where the citizens elect a management as government to look after their well being and their Human Rights, collective bargaining should not be ever necessary, neither should be the existence of labor unions. Labor is one of the capitals, one of the contributions of a citizen to their country to make it a better place for everyone. The fact that labor unions and collective bargaining is necessary to try and enforce the most basic Human Right as the right to dignity and financial economic stability of a citizen indicates that there is something fundamentally wrong with the system that is currently being accepted. A Basic Income Guaranteed and a minimum wage are things that should be the basis of study of economics to ensure that the design of the economic system provides for this. Therefore, competition within the creation of products and basic necessities should be based on quality and effective support and not on driving down prices lower to create more unemployment and to destroy Basic Human Rights.
Labor unions should study the basic income proposal and use their collective bargaining power to start working towards an economic solution that is effective for all the citizens in the country. Leaders that do not stand and deliver the basic necessities for all citizens and that do not protect the rights of the citizens as humans should not be elected that – this is the benefit we have with democracy. Democracy should not be a mockery as it is now; it should be the tool with which we ensure that our representation is in fact representing our Basic Human Rights, not only yours individually but all the citizens of a country – that’s patriotism. A patriot will look after all people in the country, not their own pocket only.
We expect to have some labor unions that can actually function within the understanding of what is best for all citizens in a country to ensure that they recognize themselves as a political force that brings about change.
Equal Life Foundation Research
This entry was posted in Basic Income Guaranteed, Basic Needs, Civil Liberties, Civil Rights, Collectivism, Competition, Criminality, Democracy, Dignified Living, Economic Change, Economic Growth, Economic Reform, Employment, Equal Life Foundation, Equality, Financial Independence, Human Rights, Job Creation, Labor, Media, Minimum Wage, Motivation, Production, Quality Standards, Sedition, Social Responsibility, Socialism and tagged basic human rights, basic income, basic needs, best for all, collectivism, corporate media, democracy, equal life foundation, equality, government, labor unions, living income guaranteed, majority vote, patriotism, right to free association, unemployment.
Basic Income Guaranteed is particularly focused on those situations where a person is not in a position to have sufficient income to be able to participate as an equal within society through spending, purchasing, ensuring the basic needs required for a human to exist. There are conditions where a Basic Income Guaranteed is not required meaning that those that have = do not qualify for a Basic Income Guaranteed which is destined to ensure that there is enough income available to support those when in trouble, or when society is not yet able to produce sufficient jobs.
One of the foundations of capitalism is owning property, but also one of the foundations of capitalism is having a society that is able to consume because they have the means with which to do so, and this is why it is suggested that a balance must be struck.
The basic regulation would be that if you have more than one house you’re owning = you do not qualify for a Basic Income Guaranteed because you are able – due to your property value – to sustain yourself or at the very least, you’ll have to sell one of the properties and then if you do not have employment, you’ll be able to qualify for a Basic Income Guaranteed.
Another point is Investments. If you are able to sustain yourself through your investments – that means you have money somewhere in some form = you won’t need such investments any longer, because the Basic Income Guaranteed will also act as a pension. Eventually, a mechanism will have to be established to see at which level investment would be sufficient so that you are no longer dependent on the Basic Income Guaranteed and you are able to sustain yourself. Therefore savings or investments from the perspective of it creating sufficient wealth for you to sustain yourself will automatically place you in a position where you do not require a Basic Income Guaranteed, because you are able to financially sustain yourself.
Capital growth is thus one of the points that will be promoted within a Basic Income Guaranteed system because it will eventually create a situation where one will be able to be financially self-sustained, and the objective is to get each human to be financially self-sustained so that you are no longer dependent on your social systems – pension plans, insurance, loans, investments – as well as acquiring the skill to use capital in a way that you actually are able to sustain your existence. Then capitalism will become a functional system that benefits everyone with this necessary support when needed and a necessary responsibility when your Basic Income Guaranteed is no longer required. This also places one within the self-development mindset that capitalism represents where you specifically acquire skills to eventually free yourself from the needed support, because you have been able to create for yourself a self-support system. Within your hierarchy of needs this would mean that you have achieved a level of self-fulfillment, thus a higher level of living within responsibility.
The psychological benefit one can find within capitalism will be worthwhile as it is structured practically within this reality, you do not have the stress that comes if you get to fail in your endeavor and you have nowhere to go, because there will be support. And as we have noticed within capitalism, one tends to fail the first few times because you haven’t got the skills yet and the experience, although that should be developed also within the education system so that failure is limited to the minimum, because failure means resources get wasted and when resources get wasted: it becomes more difficult to have a sustainable balanced system.
Equal Life Foundation Research Team
This entry was posted in Basic Needs, Businesses, Capitalism, Consumption, Dignified Living, Economic Growth, Education, Equal Life Foundation, Equality, Financial Independence, Happiness, Housing, Investments, Job Creation, Pensions, Planned Economy, Power of Acquisition, Private Ownership, Psychology, Qualification for Basic Income, Resource Management, Savings, Self Development, Self Sustainability, Skill Development, Social Capitalism, Social Dividends, Social Responsibility, Socialism, Sustainability and tagged business making, capitalism, capitalist endeavors, enterprise, failure, hierarchy of needs, higher level of living, homeless solutions, human evolution, human rights, insurance, investment, investments, living income guaranteed, loans, maslow, ownership, pension plans, private property, property, self-sufficiency, skill development, social responsibility, socialism, sustainability, wasted resources.
Oil falls under the resource identity that is required by all as a national resource. Therefore the suggestion is that the total oil industry gets nationalized and oil becomes that which facilitates both the Basic Income Guaranteed and the economic growth with the price kept stable so that the profit is sustainable to support the citizens of a country. The countries that don’t have access to oil or gas are supported through agreements that makes it possible for them to also facilitate a Basic Income Guaranteed and for their economy to be stable, so that there is a stable international trade where people and countries can exchange goods for fair value. This implies that if one country produces more of a particular product than another, it is then distributed worldwide to be available for all citizens of the world, because the production of goods that is dependent on the Earth directly – like food and raw materials – should be able to be distributed in an effective way where the profit as such is directed towards supporting citizens specifically.
Capitalism in terms of where one will then come up with ingenuity to produce something extraordinary that people pay more for, should be based on enhancing the lifestyle on Earth, these are the products based on taking raw materials and creating something out of it. The point of some benefiting from raw materials just because they apparently ‘own the land’ throughout generations – which in all cases if one investigates it, it was always taken from someone that owned it before, and those were normally your natural people that lived in a particular area – is simply not acceptable because that has caused poverty and in fact, anything that is done in a way to limit the distribution of resources to the benefit of the citizens of a country is an act of treason against the nation and the citizens; because the government at the end of the day is that which represents the citizens and anything that is done to harm citizens = is there to harm government which is indirectly citizens and so is a form of treason – that is unacceptable.
Our definition of what is legitimate and what is criminal needs to be sorted out so that we can move forward in a stable world and stop all this abuse that takes place all in the name of control and profit.
There are simple solutions to these problems and there are easy and effective ways with which all people in the world can be supported in a very quick manner. The situation in the world is worsening extensively where businesses will get into trouble a lot quicker; there are big problems on the horizon and many can experience it first-hand. The global recession is going to deepen and get much worse, so action needs to be taken now and within a short few years, one can have a new system in place which only requires one thing from each human: a change of mind, a change of heart, to open your heart to also consider other people one and equal as yourself.
Equal Life Foundation Research Team
This entry was posted in Capital, Capitalism, Citizenship Shareholding, Civil Rights, Corporation, Criminality, Goods and Services, Oil Industry, Private Ownership, Production, Profit, Profit Share, Redestribution of Wealth, Resource Management, Resources, Social Capitalism, Social Dividends, Social Responsibility, Socialism, Sustainability, Trade, Value and tagged 21st century, BIG, citizens shareholders, civil liberties, criminality., Earth economy, economic downfall, gas, global crisis, government, greed, investments, living income guaranteed, national treason, Nationalization of Resources, natural resources, oil, oil industry, petrol, private property, privatization, profit, recession, rescuing the economy, social dividends, socialism, stableecoomy, ubi, unconditional income.