Tuesday, January 1, 2013

Transitioning into a Basic Income Economy

A basic income is part of a socio-economic system designed to maximize wealth. It is argued that only autonomous people can make up the banks of a healthy free-market economy; thus a planned economy redistribution of wealth to guarantee the autonomy of people is imperative for value in the exchange economy to flow uncorrupt. But a basic income serves multiple purposes. It also funds the wealth created in the gift economy - and re-connects work such as parenting, learning and FOSS with revenue. The size of a basic income is self-balancing - as it is a product of total wealth, the size will rise and decrease with it. During times of scarcity, a shrinking basic income will shift focus into the exchange- and planned economy - but during times of wealth abundance - a significant portion of human activity will flow within a gift economy, prospectively funded by the wealth abundance.

'...a universal basic income will generate an extraordinary liberation of enterprise and creativity.'

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