Contents:
- Basic Income Guarantee (BIG)
- Key Features of BIG
- De-Industrialization and the ByProducts Economy
- The Role of the Nation-State
- Multi-Roster Technology
- Summary
- Related Articles
- External Weblinks
Basic Income Guarantee (BIG)
A Basic Income Guarantee (BIG) is a government program that provides a periodic payment to all citizens or residents of a country or region, regardless of their income, employment status, or wealth. This payment is intended to provide a basic level of financial security and ensure that everyone has the means to meet their essential needs.
Free World Industrial Settlement proposes a comprehensive system of social and economic reforms aimed at creating a more equitable and sustainable society. The BIG is a non-negotiable element of this system, serving as a foundation for economic security and social well-being.
Key Features of BIG
- Universality: The BIG is provided to all citizens or residents, regardless of their income or employment status.
- Unconditionality: There are no conditions attached to receiving the BIG, such as work requirements or means testing.
- Regularity: The BIG is paid on a regular basis, typically monthly, providing a stable source of income.
- Adequacy: The amount of the BIG is intended to be sufficient to cover basic needs, such as food, shelter, and clothing.
De-industrialization Heritagization, characterized by a shift away from traditional manufacturing and towards a more knowledge-based, cultural and service-oriented economy, is a key theme of the Free World Industrial Settlement. It allows for the reallocation of resources and the development of new industries, including those focused on sustainability and the circular economy.
The By-Products Economy (+BP Money) is a central component of this shift. This economic model emphasizes:
- Minimizing waste: Utilizing waste materials and by-products as valuable resources.
- Maximizing efficiency: Optimizing resource utilization and reducing environmental impact.
- Creating value from underutilized resources: Developing innovative technologies and processes to transform waste into valuable products and services.
Multi-Roster Technology
The Multi-Roster system, a key component of Free World Industrial Settlement, serves as the enabling technology for accounting for and compensating human capital within this new economic model. This technology platform:
- Promotes skills and experience: Multi-Roster promotes citizen skills, experience, and contributions across work assignments, providing a comprehensive record of their human capital development.
- Facilitates fair compensation: The system ensures fair compensation for individuals contributions to the ByProducts Economy and other sectors, taking into account their skills, experience, and the value they create.
- Promotes continuous learning: Multi-Roster encourages ongoing skill development and adaptation to new technologies and work practices, ensuring the maintenance of valuable skills and competencies.
The Role of the Nation-State
The nation-state plays an essential role in implementing and supporting the Free World Industrial Settlement, including the BIG, the By-Products Economy, and Multi-Roster technology.
- Uptake of +BP Money: The nation-state can adopt and utilize +BP Money as a complementary currency, facilitating trade and investment within the By-Products Economy.
- Binary Primary Issuance: The nation-state can utilize Binary Primary Issuance, a monetary policy tool, to inject BP Money into the economy, stimulating economic activity and supporting the BIG.
- Sequestration and Disbursement of BIG: The nation-state retains discretion to sequester BP Money, including those generated through the ByProducts Economy and potentially through an embargo on traditional financial flows such as rent and taxes, to finance the BIG.
Summary
De-industrialization Heritagization and the ByProducts Economy, enabled by BP Money and Multi-Roster technology, are critical elements for delivering the public mandate for a more equitable and sustainable society within the Free World Industrial Settlement framework. The BIG, as a cornerstone of this vision, provides a foundation for economic security and social well-being, while Multi-Roster ensures that human capital is accounted for and compensated fairly within this evolving economic model.
Related:
External Links:
No comments:
Post a Comment