RE: Ethics and Morality of Basic Income.
Great article!
I like the idea of this being voluntary in the sense that people are freely sourcing this Basic Income and people are freely signing up to get it. This is not taxing others' productivity. This is people who voluntarily decide to give money to a Basic Income distribution system.
Grantcoin, now Manna, is a charity that people can give to, if they want to support Basic Income. Or people can buy VIVA crowns or otherwise participate in the VIVAconomy. If its done voluntarily without government coercion then it makes sense to me. I am a member of both of these programs.
Of course there will be abuse and this does not solve every problem. But people who are now dying of poverty will be able to stabilize and have the chance to consider needs the nest step up Maslow's pyramid.
There was a great short story in a recent issue of Wired Magazine on Basic Income. The people of a poor town were doing better with this program but many were blowing their monthly payment early in the month on the usual things. Not unlike some paycheck to paycheck people who then need to get a payday loan. Like I said, some issues will be improved but not every social ailment will be cured.
I like the idea of this being voluntary in the sense that people are freely sourcing this Basic Income and people are freely signing up to get it. This is not taxing others' productivity...
REALLY???
people who dont know how money work are dangerous. They just think that the government can print money forever without creating HYPERinflation. Universal basic income will be INFLATIONAYRY, and the only way to avoid that is to strictly control the consumption of people
Thanks for your reply. I think that it might be good if Basic Income is NOT done by the government, and with money that people voluntarily convert from fiat to cryptocurrency and give or invest in the platform providing the Basic Income in the form of cryptocurrency. This is happening now in the 2 programs mentioned and I am happy to be part of this experiment. My opinion is, let's collect data on how it works out and see the effects objectively based on the data.
it always starts with a good intention but any monetary system has created collusion because everybody follows it. And people who promote basic income in whatever fashion, often work for big corporations.
I am the founder of a endeavor dedicated to a money-free system, there are 3 organizations like this so far worldwide that I am aware of. And this idea is spreading too.
I just went to your blog and see you have written about Basic Income. You've obviously given this all a lot of thought. I followed and hope to learn more about your ideas. Wishing you all the best!
yes, at least we agree that that life cannot be capitalized upon. Cheers and stay in touch, I mean it :)
Except that that isn't necessarily true. Both in practice (in previous and ongoing experiments) and also in theory (it depends on where the money comes from and what monetary school of thought you subscribe to).