Sunday, July 23, 2017

Providing for a Sustainable Lower Class in an Economy of Abundance


 A Universal Basic income should be provided for all adults, but not children, which should be designed to cover basic housing, food and recreation needs for a family of 3 split between two adults.

  Jobs are a necessary part of a sustainable lower class. There are many semi-skilled jobs where human interaction is a necessary part of the job: servers, basic care workers, custodians, etc. These jobs would pay enough to justify leaving home and accept the responsibility of showing up for work.  The wage would be incremental to the UBI and thus affordable to employers.  Probably on the order of the current minimum wage.  A 36 hr. work week, 4 10 hour days with breaks would become standard.  Parents could alternate shifts, or work days to provide for parenting needs, or one parent could choose basic income instead of work. 

 Upward mobility would be provided by supervisory positions and skilled work as the employee qualifies for them.  The "minimum acceptable wage" would establish a wage floor and time commitment for all productive work. Any skilled job would be paid at competitive rates

  Medical care, education, and basic transportation needs should be part of package for both basic income and employed citizens. Medical care would be on the HMO model with a small copay for illness or injury to encourage a healthy lifestyle. Basic transportation needs would be met by no cost automated ride share in urban areas, and low cost interurban Hyperloop™.

Taxation could be income based if politically necessary, but ideally all taxes would be consumption based with a progressive value added tax.

UBI and Creators

TL;DR Want to create something? UBI is your trust fund.

Creativity is a fundamental drive for humans once they get beyond subsistence.  Cave people drew on the walls of the cave, ordinary pots and pans became works of art in ancient and indigenous cultures.  The key to success for an artisan or an entrepreneur is being able to fail without consequences to one's family.  A trust fund is the traditional back up for them, but that limits the pool of creative and risk taking to rich people.  Imagine the creative surge if anyone with a dream could pursue it.