Exactly my sentiments, much better said :)



—

devon read, founder & ceo | blockchain technology groupwww.blocktech.com | devon@??? | ☎ 619 261 6415 | @BlocktechCEO

On Sat, Jul 11, 2015 at 12:53 PM, Amir Taaki <genjix@???> wrote:

> my thoughts on this are that we should first get away from the kind of
> isolated thinking, instead understanding the totally of the system we
> live in which possesses & manages capital for the benefit of a
> capitalist class.
> secondly that we have to embrace the roughness, that this conveyor belt
> system of neutrality is a pipe dream that we want to tear down.
> instead what if we wielded capital and didn't use it to support a
> capitalist class, but instead invested into social enterprises or
> cooperatives that provided their own form of welfare, and drew the
> attention of people inside that work for the benefit of their own
> neighbourhoods and themselves... whereby people work because they enjoy
> what they're doing, where it has a sense of fulfilment rather than blind
> unethical work devoid of value simply only because it pays good.
> for me this is the root of the problem in this world. and talk of
> welfare and economics doesn't encompass everything properly.
> our societies are devoid of politics, and we need to inject it heavily
> into society like what is happening in rojava.
> Devon Read:
>> Great summary Caleb, thanks for sharing it
>>
>>>
>>> So if this theory is to be believed, why don't we establish a trade and
>>> currency zone
>>> which levies a progressive income tax and distributes the money to every
>>> person in equal
>>> measure?
>>>
>>
>> My concern about this suggestion would be that taxes = force, even if they
>> are intended to be used for benevolent purposes.
>>
>>
>>> Finally, if Unconditional Basic Income is actually economically
>>> defensible, could it not
>>> be implemented through a cryptocurrency with an identity management
>>> extension?
>>>
>>
>> Yes, i sure think it could be (and also that an unconditional basic income
>> is defensible)
>>
>> Tho i'd argue that the way to create the pool of money needed to give
>> everyone a basic income should be provided through replacing the massive
>> economic activities that the private banks provide with crowd-owned, open
>> source and transparent mechanisms that accomplish the same benevolent goals
>> that those institutions claim they exist for (like an honest, transparent
>> IMF), but with dramatically improved efficiencies and much lower costs.
>>
>> Just my 2 cents
>>
>> Devon
>>
>>
>>
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