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376. What is the Living Income Guaranteed?

 

 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.

 

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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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283. Private Property and Equal Money Capitalism

For context read: Day 180: The Word ‘Capitalism’ in ‘Equal Money Capitalism Redefined

 

Within the Equal Money movement, we have now taken on the point of redefining capitalism from its original principles and adjusting its main principles to function according to the ideal they were meant to be/ create but didn’t get quite there due to lacking the equal distribution of the profit made through the paradigm of capitalizing resources/ land and people’s labor within an equal and one best for all condition. Thus Equal Money Capitalism means placing at everyone’s reach the ever elusive carrot on the stick that we have been born and conditioned to pursue through striving and competing against each other with no certainty that such ‘wealthy-healthy’ achievement could be a reality for all. It is thus a proposal to ensure that such proposed well-being and economic stability is ensured to all living beings equally, where each head is counted as a rights holder to obtain equal amount of resources/ goods/ services that are currently only available for a minority in this world that has access to money, which includes me and you reading this blog.

 

To begin with, I’ll explore a very basic definition of capitalism, dissect each part that composes it and present it within the triad of problem, solution and rewards/ benefits that can give us a better perspective on how we are practically redefining these capitalist agreements to a best for all principle.

 

Capitalism is an economic system that is based on private ownership of capital goods and the means of production, and the creation of goods and services for profit.[1][2] Elements central to capitalism include capital accumulation, competitive markets, and a price system.[3]

source: http://en.wikipedia.org/wiki/Capitalism

 

Private Ownership

Within the past research I have done blogs on the Delusion of Ownership and, it is so since we certainly do not own any part of this Earth and we cannot die and take it with us as part of our ‘property,’ the moment we die, the body remains here on Earth, returns to dust to feed various organisms will feed other life forms and allow the continuation of the life-cycle. This is the same principle that must be considered when thinking about ‘ownership’/ private property as it is currently understood. Thus we will be redefining each component to ensure that the definition we have stands within the consideration of the alignment of all the factors that can in fact generate a common well being in our reality.

 

Problem:

  • The reason why private property exists is in order to capitalize it, which means making more money out of what you buy to make it your own through selling it, growing it – in case of lands for cultivation purposes, renting it, using it to manufacture products that will generate profit, such as owning land and machinery that can produce food that can be sold and as such, ensuring your income just by having it registered as your property.

An example is when people currently buy land at a cheap price in some peripheral area next to a city – after some years and the expansion of the city reaches such before isolated territory that was sold for a cheap price, but now the value of such land escalates, which makes the person that originally bought such land  be able to capitalize their original investment, and this are considered ‘smart investments’ that involve a risk factor as any other form of investment that fluctuates not according to an organic growth in equality within the environment, but instead all hat’s taken into consideration is: profit and economic growth that brings in more investment to the area.

This generates several conditions that become a point of stability for all parties involved:

  •   People buy lands hoping to make great money in a future to come, however if such expected future does not match the ideal estimation of how much such property will be worth in a certain period of years, chances are that such investment was futile and as such, money is wasted with no profit gotten back at all

Within this we can see that the physical territory remains the same, the only thing that changed is the value imposed according to it now being part of a developed-area wherein the localization of such lands can become a suitable place to build a supermarket, for example, and as such the person that owns such lands has the ability to sell them multiple times more expensive than the original cost due to the convenient location it has become.  This capitalization of the original investment on the land is only possible within our current value-system/ pricing system that is not determined by a physical laws that would be space in this case, but instead, the  price escalates according to  all the other market forces that will influence how much your property is ‘worth’ now or how much it depreciates in a worst case scenario for the original investor.

  • The environment is not taken into consideration within such expected growth, wherein most of the cities that turn to industrial centers develop massive social, health and economic problems in spite of the massive production that may go on, this is because of all the profit being obtained only by a few beings instead of benefitting the city/ community equally and in accordance to the success that leads to the expansion of a certain city.

Currently we see the opposite: big cities tend to go into poverty because the profit obtained that leads to expansion is not directly given to the employees and all other sectors involved in such production, but instead used up to own more lands and continue expanding through capitalizing it.

 

  • – Within the legal shield of private property, people, places, animals and resources are exploited within industries/ activities that make money. People that already have substantial amounts of money seek for further capitalization of their wealth through investing in new land and machinery to obtain, for example, water from a certain area’s natural resources – however this is done in a furtive manner wherein it is a literal invasion that takes place, yet it is justified according to ‘having the right to exploit the resources due to owning the land that contains them’ – this is been permitted wherein corporations have been systematically looking for water springs to buy the land with the water source, bottle the water and sell it to the people, while such water should be equally distributed as a living-right to the locals and any other location that would be lacking  water for natural-precarious reasons.

– This rule of owning the resources in your property enhances selfishness in the human being wherein he/she would rather find ways to distribute the water to others through selling it, instead of setting up systems that could distribute the water equally to the entire area.

 

  • – People claiming intellectual property through copyright can get to make more money from filing copyright claim than any actual investment made or profit earned from selling such intellectual property,  this becomes thus a greedy-game wherein any form of expression, for example a piece of music that gets remixed by another artist and if such permission is not granted, the owner of the song can sue the other artist for using the audio without permission.

– In this there’s no consideration of the expression in itself being used by another for their own creative purposes, the only thing that is sought is money – in this, we’ve lost the actual regard for expression when it becomes a product that becomes one’s own property, without realizing we cannot own words, sounds, materials or ideas that are considered creative works.

 

  • Private Property Capitalization: the more one person earns money, the more they buy lands, resources and labor force to expand their wealth, this leads to harsh and tyrannical measures of production that are measured according to making the most profit in the least time in order to earn the most and continue expanding – this expansion not being equally remunerated to those that are enabling it/ creating it, but instead the profit goes to one or few individuals that create such wealth based on the abuse toward the environment, people and all living beings that are used to create such product/ service.

 

 

Solution:

  • Equal Money Capitalism is an economic system that is based on the ability to live and express using what is already here as part of the Earth that can be given equal access to through an agreement to use what you as an individual or collective require to live. Within this, entitlement as personal property can only serve for practical purposes like owning your house, car, computer, clothes, personal objects and that which you acquire for your practical living, no different to how it works now.

 

  • Private property as a means to capitalize your money is redirected/corrected and aligned to grant personal use of the resources and buying products that enable you to live in dignity within the understanding and realization that we have no right to exploit another being or the resources to make ‘more money,’ within this monopolization of resources and services will cease to exist. The moment we remove profit from the scheme as the ability to get more through claiming private property, what remains is the understanding of cooperation to instead use what is already here in a fair manner wherein we can all co-operate to get the most of certain resources, to improve a certain productive purpose by giving to each other equal-share of the profit for the final production/ service made/ give. 

 

  • This certainly gives us the opportunity to redefine the value we had imposed onto the land, objects and people, stopping looking at assets and instead looking at physical forces and resources that can be organized and directed to function for everyone equally. This is what must be considered as real evolution and progress: learning how to use what is here to the best of our possibility without claiming a right to own it and exploit it, but instead use it within the consideration of what is best for all parts involved at a short and long term, which includes sustainability.

 

 

Benefits and Rewards:

  • – No more risking your money on investments that have no certainty to produce the expected profit through capitalization

 

  • – No more paying taxes over property or annual fees for owning cars

 

  • No more envying the properties and wealth of another creating friction and conflict as hidden agendas in deceptive and convenient relationships – at last, real stewardship and cooperation will emerge, because everyone will have equal opportunity to work their way to improve their lives to the utmost potential.

 

  • – No more privatization from corporations to get legal use to resell the natural resources of your local area

 

  • – No more endless expensive trials to battle over claiming property or copyright, instead the fair use of the land/ goods will be assessed to ensure no abuse is taking place from either party involved.

 

  • – The understanding of the principle of using what is here to the best of the possibilities that leads to reducing abuse and indiscriminate exploitation of resources for the sake of money

 

  • – No more greedy people only looking at the Earth’s resources, animals and people as assets that can be ‘worked on’ to generate profit, this will generate a condition for the human being to re-consider the real value of the Earth’s resources as the actual gift they are as part of this world that we learn to use throughout our lifetime, honoring it as a part of ourselves and as such, sharing with children how to do the same to ensure that no longer the belief of being able to ‘own’ a part of this Earth or another human being is possible.

 

“We’ve come to believe that our value is dependent on how much we have – because that is how ‘the world’, or rather, the economic system, has treated us: if you don’t have anything, then you’re not considered, you’re not a part of the economy, you’re not supported. And, obviously, if you’re not considered, included or supported, it means you’re not valued. If everyone were valued by the current economic system, then the system would consider, support and include everyone – but this is not the case.” Day 180: The Word ‘Capitalism’ in ‘Equal Money Capitalism’

 

 

 

Will continue with the next terms in our basic definition of capitalism.

 

No man's land - Equal Money System

“Land will not be “owned” by anyone or anything – it will simply be cared for. Any disputes regarding usage that may arise will be settled in a community meeting where the most practical solution will be found and agreed upon by all the members.”

– Read more on Housing at the Equal Money Wiki 

 

 

Further Support:

 

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