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
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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
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