dignified living

Living Income Guaranteed with Labor as Interest

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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

Basic Income Guaranteed with Labor as Interest

Living Income Guaranteed and Education

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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

 

Basic Income Guaranteed and Education

Living Income Guaranteed and Animal Rights

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Animal rights is a very contentious issue because in a world where there are no human rights, animal rights are defined not as a prevention measure but more as an after-effect measure as a direct outflow of the lack of support we provide to each other as individuals.

If we look at the patterns that emerge when you have a society that allows extreme poverty to exist, the animal starts playing the role of ‘love’ in the life of the poor. The poor feel – and this is not a generalization, this is a pattern – that they are ‘un-loved by the system’ and thus they search for some form of recognition, some form of appreciation and this is defined with animals – then, suffering together when there is not enough money for food is seen as benevolent.

Within the Basic Income Guaranteed proposal we suggest that pets should not be a commodity, so that pets are not bred for money and that there is a measure and prevention instituted to ensure this is in fact applied. We also suggest that the veterinary profession falls in the same category as the health-care profession and a medical profession, which are professions that do the work they do because it’s a calling and a personal vocation. With the Basic Income Guaranteed one of the effects that will happen with for instance circuses where animals are trained to entertain for the purposes of making money, is that people will instead be able to rather easily become an animal/nature conservationist because their basic needs will be met. Thus, if their calling is to work with animals = they can do so! Thus nature conservation and animal rights will receive a far more effective level of support from the human race within the Basic Income Guaranteed system.

At this stage the plight of the animals – especially in countries where there is extreme poverty – has become excessive, this causes the explosion of animal populations that causes more hardship and suffering. The animals form packs and start to work together to try and find food, they are then blamed for their behavior, but their behavior is a direct result of the economic conditions that’s allowed to be existent in the world among humans, it is thus a direct effect of the human influence on them. These types of scenarios will be prevented once the human is no longer under threat by the economy and we stop disregarding each other when it comes to human rights.

The conclusion is that animal rights and human rights are intrinsically linked – the two will develop together. This is why we suggest to all animal activists: the way to truly support animals is to support a Basic Income Guaranteed that is sufficient to meet every human being’s basic needs – and their basic needs may as well be a pet, therefore that pet will have sufficient support to have a decent and enjoyable life.

Equal Life Foundation Research Team

 

Basic Income Guaranteed and Animal Rights