equal life foundation

What is the Living Income Guaranteed?

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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 conditions 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.

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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.

LIG Hong Kong

 

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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 Human Rights

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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

Basic Income Guaranteed - Human Rights are Not Optional

Living Income Guaranteed and Commodity Pricing

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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

Basic Income Guaranteed and Commodity Pricing

Living Income and Lower Pricing

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Economic theory has proven throughout time to be ineffective to manage the resources to ensure that each individual is a beneficiary and effective participant within the sustainability of the world system. We suggest banishing economic theory to the category of conspiracy theory because the evidence of the last few decades shows very clearly that our economists conspire to create greater inequality to destroy the capacity of the economy to provide sufficient jobs within a system that can support the citizens of the world, yet the opposite happens wherein all production is kept in the hands of a few corporations. So far economists have been unable to come up with a solution that will work for the world, while those that benefit from the current applied economic conspiracy theories are becoming astoundingly wealthy and there seems to be no end to this.

 

We also have to look at cognitive disinformation here. Our psychology is also just based on theory that does not properly educate the people on how the mind functions, instead it actually uses the facets of the mind that causes addiction and control – like emotions, feelings and thoughts – to become the accepted ways of human existence, which are then used through advertising, media and Hollywood to condition the human to accept the current conditions on Earth and not question reality. Furthermore our education system and our education theories have reduced the capacity of the human to reason to such an extent that we have a complete dumbed down society with an inability to do basic math or to read and investigate words to understand their actual meaning. Instead, the ideology is created that one must make things sound great without conveying practical solutions and their application. It is a form of complete disassociated information transfer where the consumer system foundation relies on savings and getting products cheaper, because that is competition according to what economic theory suggests.

 

You should take a piece of paper and do some math: if you reduce price which implies that you are reducing the value of labor, you are also reducing income, which is what’s happened now for decades. The real income of the human has decreased, inflation has increased for certain things, some of the basic things have become cheaper and then there’s the enticement about savings.

This lower pricing mechanism exists when you have a machine taking over the human labor – which should be based on a capital and advancement of the human capacity and thus should value the human existence more; however, the opposite has happened. With reduced price, reduced income, unemployment increases yet it is recognized as economic efficiency, a capitalistic type of advancement. At the same time we have exchange rates, where certain countries have a high value currency and others a low value currency, which is then used to transfer resources between countries done under the disguise of corporations – which are owned by politicians – creating monopolies that cause extensive poverty. The fact is that this transfer of resources in theory should benefit all the citizens of a country.

 

Here we can have a look at our early Game Theory that was taught at home through games like Monopoly which has played a major role in becoming part of the accepted theory of how one should live on Earth. Causing the acceptance of just a few major property owners to exist in the world, and their property being not necessarily land or resources, but money – and because they have a lot = apparently the system is working for everyone! Which we all know is not at all so.

 

This lower price ideology has caused major problems such as the theory that ‘Basic Income will increase prices’, which is apparently a ‘bad thing’. Obviously prices must increase, we have to create more money, we have to show the value of the human, otherwise capitalism cannot work. Human labor is capital and that capital should be increasing because the basic capacity and knowledge of the human race has been increasing and therefore, a greater value should be placed on it. Instead, the value is diminishing and through that, the level of inequality and the amount of people in the world that is living on the breadline (or should we say ‘dead-line’?) is increasing and is they have nothing else to do every single day but to spend their total time finding enough to just survive. Being occupied with survival also means that they cannot even challenge the current system, because they don’t have time to educate themselves and engineer solutions that can solve the problem. We also have come to accept that those that are in good positions and have enough resources and time to reason out the problem have seemingly lost the plot and are unable to apply simple basic principles like 1+1=2.

 

If we want to feed the world and we want to use a system like capitalism = we have to create enough money. We can create enough money by valuing the production sufficiently so that within the profit – or the gross profit of the product – there is sufficient money to make sure that everyone that is part of the production – even historically – earns enough money from it. That would increase the potential for everyone’s wealth, and if one does this properly: it’ll reduce inequality.

 

We cannot approach Basic Income Guaranteed in this world by using the current accepted economic conspiracy theories or by valuing our current economists. We suggest acquiring basic education on how the world system operates through reading people like Noam Chomsky, and you’ll see what it means to have critical reasoning and what it means to be able to think for yourself. However understanding and realizing the reality of what he shares is not enough, we have to get involved in the political arena so that the problem we have with our education can be solved. This can be done within the understanding that if we don’t create solutions at a political level through common consent, we will all end up in a position where we have no power – and this is exactly what has happened. The citizen now in the world has got no political power because we have been influenced through the media by information without having the ability to discern between what is actual reality – that would result mathematically in what is best or all – and what is conspiracy theory that is based on creating a ‘feeling’ within us that controls our behavior and our voice, causing us to be and become in essence part of the problem.

 

For a capitalistic system to work and to create enough Basic Income for everyone – meaning having enough to survive and to be able to have a basic life on Earth as in having our basic needs fulfilled – there needs to be sufficient money moving that is produced through the accumulated labor and time and input through time. This should have been growing for generations now and the world should have been a place of wealth, but instead seemingly deliberately but possibly astoundingly through a form of deliberate sabotage, instead of creating a growing economy existent as the result of accumulated labor, intelligence and research over time, we have been reducing our capacity to look after the citizens of the world, and continue to justify that in every way possible using theories and opinions instead of dealing with facts. Even our legal system deals with opinions, our psychology deals with opinions, our education deals with opinions, our politics deals with opinions – we don’t hear facts. Our media which should be a journal of reality: deals with opinions, not facts. It actually shapes opinions instead of acting in a way that ensures that this journey on Earth is worthwhile for every human. We do not have journalists with integrity, it is unfortunate – but this will come to an end because the situation is going to escalate exponentially.

 

Only thinking about the solution doesn’t make them tangible and practical in reality and as such, it is part of the problem of why the world’s economic system is collapsing. It’s time to change, time to get some basic education on how we can decide how economy works and give ourselves practical direction so that we can move on to a system where the Basic Income of each human is Guaranteed.

 

 

Equal Life Foundation Research Team

 

 

Basic Income Guaranteed and Lower Pricing

Living Income Guaranteed and Labor Unions

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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

 

 

Basic Income Grant and Labor Unions

Living Income Guaranteed and Pensions

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Within a Basic Income Guaranteed system the need for unemployment, insurance, benefits, pensions and life insurance no longer exists. The resources that are placed within the shareholding of the citizenry is what facilitates the Basic Income Guaranteed and one qualifies for benefit from your shareholding when you are unemployed, when you are on pension or when you are in some way incapacitated and you cannot work – this implies that there is never a stage where one is without the necessary capital to actually sustain a living.

The industries that are currently profiting from all the misfortunes in a person’s life no longer need to exist because your Basic Income Guaranteed facilitates all the points and ensures that no one is ever without capital when they’re unemployed or if you have been in an accident and you cannot work = you’ll still have an income; the same applies if you have a family and the bread owner dies, the family still has an income. All the points where insurance existed which has been the recipient where people has placed their money, has caused such major havoc in the world within the financial sector because this money then goes into the stock markets to mess with the world food prices and to come with the idea that apparently ‘there are ways to make money’ so it becomes part of the global market casino. The end of this casino is possible with Basic Income Guaranteed, although other corporations will still probably want to benefit from it and have shareholding, that will still happen; but your shareholding will no longer be vested in major corporations or life insurance companies, it will be the individual that will invest through their bank – and the bank being one of their own businesses in which they have shares that will facilitate and manage the investment in the privately owned and financed corporations, so that the distribution of money and the management of the system becomes highly efficient.

All of this can be computerized with great simplicity as a mechanism that can be trusted once placed and tested. This is how we can reduce the problems coming from humans making mistakes, because with the machine and with software one can manage the distribution, the placement of investments a lot easier. So, a citizen can decide that they want to support a particular business and buy shares in it and then once there is a profit declared by that company, the citizen benefits from the profit through dividends – these dividends are tax free, because there is no personal tax and there is also no corporate tax – so one can use that to spend on luxury items and so, the cash flow of the economy increases, which means job creation increases which means there are more jobs available for people that want to earn a better living and not only exist with a Basic Income Guaranteed, yet Basic Income Guaranteed is sufficient to make a decent living.

Investigate economic solutions and support the Equal Life Foundation – we are here for you.

Equal Life Foundation Research Team

 

Basic Income Guaranteed and Pensions