I don't have the answers to your questions, but I do believe I'm on the right track to one day solving it. As a society we have already seen our jobs
go away. The market responded with the concept of planned obsolescence. Basically, we created an inefficiency in our goods so that demand would
never disappear. This has kept companies in business. Sooner or later we are due for a correction.
Sooner or later working for a living is not going to be an option for most people. Just look at our current labor force participation rate, its
already not an option for many of us. We can do things as a society to address this like lower the work week, but that involves harsh pushback from
those with jobs: "You want to take 10 hours of work and pay from me to give it to someone else?"
Instead I believe it requires an entirely new economic system. I take inspiration from the capitalist idea that personal gain makes people work
harder and produce more goods for society while also taking inspiration from the communist idea that we should collectively reap the benefits of
society. So my proposal is a dual currency system. All goods are priced in both, and both are required to purchase an item. I don't believe this
would be too complicated as people seem to innately grasp it when it is used in video games (a unit that costs minerals+gas in Starcraft for
So the question is, what are the currencies? The first would be the dollar, bitcoins, or anything else in use today and it functions just the same as
now. The second would be a new currency. I've been reading up a lot on Battletech lately so lets call it a C-Bill. This currency would be
distributed on a per capita basis and would be purely digital, it would not be applied to food or shelter. It could only exist in the hands of
private individuals. When taken as payment by a business it would be destroyed. Every month the data would be computed (easy to do since it's all
digital) and how many C-Bills that have left the system would be determined. We would then divide that number by the population, and add that amount
to each persons account at the beginning of the month. Thus, on the first of every month there would always be the same amount of C-Bills in
circulation. There would be no inflation or deflation. In order to make the amount more steady we could even change the calculation to every 2
weeks, 1 week, or even daily.
Now, what makes this system work would be an exchange between private individuals. Just as in currency trades today, we could create currency
exchanges that link buyers and sellers together. A person who consumes little will have excess C-Bills but will probably be unemployed. Now that
they no longer have labor to sell, they could sell these C-Bills to someone with money. Now the person with the well paying job can still purchase
their luxury item, but those at the bottom also have a commodity to sell in order to cover food and shelter.
The end result of this is that simply by existing, and needing to consume necessities to live those at the bottom create value while those at the top
who are lucky enough to have jobs in a society that needs few workers are able to reap some rewards for their work.
edit on 4-3-2015 by Aazadan
because: (no reason given)