Basic Income

[RWStanding]

Basic Income
Covid, with other pandemics, is the bringer of chaos. The Black Death took anyone and everyone, young and old, and such a mutation of Covid would bring total chaos.
There are three classes of society that must maintain some degree of stability in order to provide their own form of moral or amoral community and state.
What we presently have is a very problematic compromise between those forms of society, creating its own intractable difficulties. The country is vaguely ‘free’ which means it has no essential ethic nor essential personal autonomy. It presently has to be fairly draconian in its regulations in a very complex way.
If we were at least in theory an altruist democracy, we could have a basic income for everyone, at all times. Therefore, in the present crisis those who are self-employed, or in reality serving society as permitted and regulated, would already have a guaranteed adequate income. To balance this, much of the economy would need to be frozen. For the crisis period they would have no mortage, rent, etc, to pay, or owe. Only their day to day living expenses for food etc. It would have to assumed that the government would not have its income from taxation but direct from the Bank of England. The inflationary effects of this limiting its scale.
The other classes of society would tend, either to throw the lower classes to the wolves, or leave everyone to manage as maybe.

[vegetariantaxidermy]

Basic Income
Covid, with other pandemics, is the bringer of chaos. The Black Death took anyone and everyone, young and old, and such a mutation of Covid would bring total chaos.
There are three classes of society that must maintain some degree of stability in order to provide their own form of moral or amoral community and state.
What we presently have is a very problematic compromise between those forms of society, creating its own intractable difficulties. The country is vaguely ‘free’ which means it has no essential ethic nor essential personal autonomy. It presently has to be fairly draconian in its regulations in a very complex way.
If we were at least in theory an altruist democracy, we could have a basic income for everyone, at all times. Therefore, in the present crisis those who are self-employed, or in reality serving society as permitted and regulated, would already have a guaranteed adequate income. To balance this, much of the economy would need to be frozen. For the crisis period they would have no mortage, rent, etc, to pay, or owe. Only their day to day living expenses for food etc. It would have to assumed that the government would not have its income from taxation but direct from the Bank of England. The inflationary effects of this limiting its scale.
The other classes of society would tend, either to throw the lower classes to the wolves, or leave everyone to manage as maybe.

They are talking about doing that In New Zealand.

[Immanuel Can]

If we were at least in theory an altruist democracy, we could have a basic income for everyone, at all times.

From whom would we extract the money to do this? And if they didn't want to give it up, would we line them up and shoot them into a ditch?

What about the workers: what's their incentive for working, inventing, and producing, since everybody gets free money? Are they going to work extra hard for no more wages, and be delighted that no matter what they achieve, they can never get ahead again? Since the Pareto Distribution Rule applies, https://betterexplained.com/articles/un ... 8020-rule/, we're now going to give the wages of the productive 20% to the less productive or unproductive 80%?

This is a great plan. Very fair.

To balance this, much of the economy would need to be frozen. For the crisis period they would have no mortage, rent, etc, to pay, or owe. Only their day to day living expenses for food etc.

So we would stop landowners, producers of natural resources and the whole financial sector from making any money, during this time. We'd still expect them to provide the same services and products, but now for no money at all?

It would have to assumed that the government would not have its income from taxation but direct from the Bank of England.

So the government would just rob the Bank of England. In masks, and with handguns, presumably. But it wouldn't tax. It would just steal people's savings and investments, and then hand them back to the people as if it were "free money" -- which for the government, I suppose it would be.

I see. And when the Bank of England was no more?

This is a great plan. Nothing could possibly go wrong.