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We need a hybrid monetary and in-kind-UBI

2 pointsby morpheos137over 2 years ago
Any monetary UBI will cause self defeating inflation.<p>Rather we need voucher entitlements to support the basic necessities and luxuries of life so that people can live in freedom without needing to be wage slaves.<p>For example, food, housing, public transportation (car for rural residents), basic health care, education, utilities should be provided for citizens free of charge. In exchange citizens need to work a certain amount to support the economy. Perhaps 4-6 hours a day.<p>Private business and entrepreneurship will remain but provide higher goods and services that exceed UBI.<p>For example those receiving UBI would need to work in industries producing the goods and services that constitute it.<p>These would be provided by worker owned corporations constituted at the local and regional level.<p>A certain minimum and maximum wage would be established by participants.<p>One could waive UBI and support one&#x27;s self in private business at any time.<p>Those exceeding a certain level of wealth may not be eligible for UBI.<p>Taxation and deficit would be kept to a minimum with a legal limit on both. Rather than government taking and redistributing society&#x27;s wealth citizens would pay themselves in kind and monetarily according to what they themselves produce.<p>Fundamentally everyone would have the right to have their basic wants and needs met with out having the surplus of production taken by capital owners or leaders because citizens themselves would be capital owners.<p>People would also have the freedom to work outside the UBI system if they wished without onerous taxation. People would have the freedom to change jobs or move or engage in creative pursuits according to their means.

1 comment

fuzzfactorover 2 years ago
That&#x27;s a somewhat detailed outline.<p>Maybe it could be turned into a financial model which might give a better idea how realistic it could be.<p>Realistic or not maybe even the basis of a simulation game of some kind which could develop different outcomes from different &quot;what-if&quot; scenarios.