Should the Left support a Basic Income?

By

22.01.2016

2016 will see basic income rise up political consciousness. Trials and referenda will take place across Europe. Should the Left support basic income? Half a century ago, the famous psychoanalyst and Frankfurt School theorist, Erich Fromm, examined the psychological effects of giving everyone a guaranteed income. His thoughts are instructive. Alone it is not enough.

http://new-compass.net/articles/should-left-support-basic-income

The Basic principles of this Blog is that every person is entitled to the Essentials of Life
1. Food & Clothes
2. Adequate Shelter
3. Effective Medical Care.
4. Life Skills to pursue the accomplishment of your chosen pathway in life.

I have publish this introduction & link to an article about Basic income because I believe that is a necessary program in the coming age of Technology & Robotics that will eliminate the old methods that require much Human Labor. To produce Goods & Service is irrelevant if you do not accompany it with a method to distribute the Bounty that will become available to us in the 'NEW AGE".

Friday, January 22, 2016

Poverty must end

Democracy Owes every Citizen a Dividend
on his Commonshare of the Commonwealth

We can eliminate all poverty in our Nation with a Universal
Supplemental Security Income (SSI) that exceeds the poverty level, We could eliminate our massive " Bureau for Begging" that does "means testing" to determine eligibility. Everyone is eligible.

The funding would be done from government revenue obtained directly from the Federal Reserve System interest free.
Then we could apply a single flat rate tax on all income through the FICA system. The purpose of the Tax would not be for funding but would be adjusted to control inflation It would be raised if there was excess inflation and decreased if there was monetary deflation. In either case the poor and middle class would receive more than they pay. The economic system would grow under the inflow of a Base Income and those who produced Goods & Service would have that Base Income supporting the foundation of a stable economy.

The Rich would remain Rich, but most important, everyone would have sufficient food, adequate shelter, effective medical care and education to equally compete in the competition to improve their life style and accumulate wealth.

Pax Village aspires to advance arts, culture, Science & Technology and social responsibility. We believe the Path to Progress lies in eliminating poverty. This is the Hub of of our Social Network

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