Day 241: Will Inflation be a Problem with Providing a Living Income Guaranteed?

‘Inflation’ is one of those big posh words that people like to use when they want to show off that they’re “in the know” of economics and money mechanics. You hear it on the news, tv, the internet and when you listen to other people talk about it, it never really becomes clear ‘what it is’ or ‘why it is so important’.

Day 240: A Bank for the People

We have an interesting point being taught in economy books - which is that an increase in investment spending has an expansionary effect on the economy - because money is invested in certain products and therefore, people are being paid or jobs being created, which means an increase in income...

Day 239: Sustainable Pricing with Basic Income Guaranteed

When we have a look at how prices have been determined throughout history, we can see that that for most throughout time (up to until the last 50-100 years), prices were set in the interest of the owner of the product / service, whereby those who labored on the products were given miniscule wages...

Day 238: Advertisement vs Rational Informed Decision-Making

One of the premises of the argument for Capitalism as the most Effective means of distributing goods and resources is that consumers make rational and informed decisions...

Day 237: Planned Obsolescence becomes Obsolete with Basic Income Guaranteed

During the war as countries no longer had access to their usual trading routes through obstruction like blockades and disrupted commercial agreements, industries had to start making the same things with inferior materials...

08 July 2014

Day 262: Democratization - Put your Money where your Mouth is with LIG - Pt3

This blog-post is a continuation of the blogs

Day 260: Democratization - Put your Money where your Mouth is with LIG - Pt1
Day 261: Democratization - Put your Money where your Mouth is with LIG - Pt2

where we've been investigating what exactly stands in our way from living the principle of Democracy in its true form - with government of the people, by the people and for the people. Herein we identified two crucial factors that require to be addressed in order to bridge the gap between the people and government, being:

1. Education
2. Ownership of Economic Influence

The point of Education was discussed in the previous blog, where it became clear that for individuals to develop political capital in order to become effective participants in direct democratic decision making, we require to invest in the people through a Living Income Guaranteed.

Within this blog we look at the second problem:

Ownership of Economic Influence

In the first part of this blog-series we stated that:

"Instead of politics being a one-party system - in the sense that only one party is involved: the people - we are working with a three-party system - there is the people, there is the elected government officials and there is those with the financial means that participate in rent-seeking to influence policy to their own advantage, regardless of public opinion."

Most are aware of the role of lobbyists in politics - but here some points of clarification:

"A lobbyist is an activist who seeks to persuade members of the government (like members of Congress) to enact legislation that would benefit their group."

"The highest paid lobbyists know that they can charge top dollar for their services because they can offer their clients access and influence at the highest levels of government. Not surprisingly, these firms' client lists are a "Who's Who" of the corporate scene; hiring these firms is simply beyond the reach of most organizations and special interests."

Those who can afford to hire the best lobbyists are able to affect change at the highest levels of government. This shows a simple equation: more economic power equals more political power. One can ask if lobbying shouldn't be made illegal - it definitely sounds fishy - but it is justified under the principle that anyone can make the government aware of their interests and ask to consider them in policy making. Some people are obviously better at this than others - and as with anything in a capitalist society - if there is a demand for services of a particular skill, the private sector will start to supply it according to the rules of the private sector. So - it seems that we will just have to compromise on the original principle - which is not meant to discriminate against who is able to/can afford to lobby the government - if we at the same time wish to retain a capitalistic free market system.

However, the Living Income Guaranteed proposal implicitly formulates a solution to this conundrum. The proposal suggests that every citizen of a country become shareholder of human rights companies (such as water provision, electricity, telecommunications, media) and natural resource companies (eg. mining companies) in their country, under the principle that such points should never be owned by  private persons as they should operate in the benefit of the whole of society. Such an adjustment would change the economic landscape from a political perspective quite drastically - whereas previously all huge corporations that can affect change through lobbying at the highest levels were owned by the elite in society - many big corporations would now be owned by the people and would become a source of effective economic influence and a vehicle for political participation on a level that simply did not exist before.

For a political dispensation to become democratically correct - we require to not only level the political but also the economic playing field because policy is determined as much by government as by the economic elite. So for those who have given up on democracy in the true meaning of the word: a Living Income Guaranteed would put an end to the compromised political systems of representation we have today.

There is one more objection to direct democracy that is still being raised - though in today's world it is so laughable I almost forgot to mention it. But here it is anyways: 'Direct democracy is not possible because it would just be too expensive and too difficult to get all the citizens in one place to rule the country.' In a world with the technology we have today - it is silly to still think of 'coming together' as a physical event. Facebook proves that it is possible to daily vote on issues - we're already doing it by the simple click of the mouse: 'Like'. So all that requires to be done is use the technology that has been developed and create online platforms for political participation.

So - there we have it: Education, Ownership of Economic Influence and Technology - all three points no longer an obstacle with the implementation of a Living Income Guaranteed. Will we come up with more excuses - or will we realize that for the first time in the history of man we have the privilege of living in the day and age that the means and ability for implementing and practicing real democracy are available? Since everyone seems to agree that democracy is the best form of government, we at the Equal Life Foundation say: Put your money where your mouth is! It is not enough to call oneself a democrat or to support democracy 'in principle' - it requires investment in the people and an adjustment in ownership of economic influence - it requires us to ACT. Money makes the world go 'round and politics is herein no exception.

25 June 2014

Day 261: Democratization - Put your Money where your Mouth is with LIG - Pt2

I ended off the previous blog with the following:

"Within allowing such a representative system of politics, we have created a 'gap' between demos and kratia - between the people and the government - where we can in fact no longer say that it is the people who are ruling, as it is the elected government officials in the executive and legislative branches of government that are ruling - and this excludes most citizens. This gap has allowed for secrecy and rent-seeking. Instead of politics being a one-party system - in the sense that only one party is involved: the people - we are working with a three-party system - there is the people, there is the elected government officials and there is those with the financial means that participate in rent-seeking to influence policy to their own advantage, regardless of public opinion.

In order to bridge the gap between the people and the government, two specific problems require to be addressed:

1. Education
2. Ownership of economic influence

Let's start with discussing the first problem.


In principle, everyone seems to agree that the people should rule together - there is an undeniable sense of moral rightness within this - society should together lay down the laws by which it will organize itself and together give direction to their shared environment through public policy - simply because - we are all, individually yet together, a part of a certain society and there is no acceptable justification to exclude any free citizen from this process. In practice, however, Plato's argument still holds strong. "The people are too easily swayed by emotion"; "the people cannot see the bigger picture"; "the people don't have sufficient knowledge and understanding of politics, economics, ecology, law, you name it". There is of course truth in this argument - however, it is not one that cannot be overcome.

Plato lived in the 4th and 5th century BC - so that's about 25 centuries ago - and still, we have not seriously attempted to overcome this problem in order to uplift our political system to the principle it morally requires to ascribe to. What have we been doing for these 25 centuries? Is it so hard to find a way to empower individuals so that they may be capable of critical thinking that in the last 25 centuries we didn't manage to come up with one? Or is it just that we haven't actually tried and rather gave up before having started because it is more convenient that way, at least for those individuals that currently do have the capacity of influencing decision making.

So - let's create a profile of the 'type' of citizen that would have the intellectual capacity of participating in political life.

We can imagine such a person:
- Having a rich vocabulary that enables him/her to participate in discussions in the political arena; big and difficult words are not seen as big and difficult for this person, they are words with a meaning
- Being relatively emotionally stable in that emotions/feelings do not play a decisive role in this person's decision making process
- Being interested in and informed in terms of current affairs

The points listed above refer to a person having political capital. So - what makes one person have political capital and another person not? How can such capital be developed and how can we facilitate the development of political capital within individuals in order to eradicate the education-problem standing in the way of manifesting a real democracy?

Which is one of the main variables that determines the richness of one's vocabulary?


'SES' is something you'll often see in sociological and psychological scientific research, because it determines almost Everything about a person's development, and place in society. 'SES' stands for socioeconomic status and formally refers to the income, job and education level of the parents. "Fifty years of research has revealed the sad truth that the children of lower-income, less-educated parents typically enter school with poorer language skills than their more privileged counterparts. By some measures, 5-year-old children of lower socioeconomic status score more than two years behind on standardized language development tests by the time they enter school."

Now - which is one of the main variables that determines emotional intelligence?


According to research: "High socioeconomic [students] are found to be more responsible, better able to make intelligent decisions using a healthy balance of emotions and reason, better able to focus on task at hand and pay attention. They have more control over their feelings as compared to low socioeconomic status students."

Starting to see a pattern here...

What makes a person interested in current affairs in such a way that they actually read the news and keep abreast of developments in the region/nation/world?

That question refers back to the first point of vocabulary; one of the main reason why people don't watch the news is because they don't understand the vocabulary involved, which brings us back to SES.
Secondly - many individuals do not understand the importance of watching the news in terms of how it affects them or do not see how them being informed about problems would increase the likelihood for the problem to be solved. This is a cultural point that is largely created through the very representative system of democracy we have today - where individual citizens simply do not see how their voice, how their views would make any difference. It is someone else's responsibility to come up with a solution, so why even bother getting informed? So - this particular problem that is preventing the development of political capital is the very political system in place today and can thus not be seen as a reason or argument for not changing it.

Political capital, like any form of capital, requires investment to grow and develop. Seeing that socioeconomic status is one of the main determining factors of the development of such political capital within individuals - and seeing that this political capital is a necessity to enable people to rule their country in terms of the principle of democracy we all seem to agree is best for everyone - it becomes clear that the 'problem' of education is not insurmountable - it only requires us to do a simple thing: Invest in the people!

And this is exactly what an implementation of a Living Income Guaranteed would do: ensure that each one has a dignified income, in other words - ensuring there are no more individuals with 'low' socioeconomic status in society. In seeing to what extent one's socioeconomic status affects one's abilities, one's opportunities, one's power to affect change, why would we allow anyone to have a 'low' socioeconomic status? We surely wouldn't wish it on ourselves or our own children - instead, we (would) want to give them the best possible nurturing grounds - and so - this courtesy, we should extend to all in society.

Anyone who calls themselves a Democrat but allows a representative system of democracy is a hypocrite, if they do not at the same time support a proposal such as the Living Income Guaranteed that would solve the conundrum of allowing the people to rule directly when currently individuals may not have sufficient political capital to do so. It is not acceptable to make such an assertion and then leave it at that - compromising for centuries on a principle that can be lived for real through a simple correction in how we value Life and substantiate it through real action.

To be continued.


24 June 2014

Day 260: Democratization - Put your Money where your Mouth is with LIG - Pt1

Democracy - derived from the Greek words 'demos' (the people) and 'kratia' (power, rule) - refers in its most basic sense to 'rule by the people'. Currently the term holds a very positive connotation - it has been generally agreed upon in the Western/developed world that democracy is the only legitimate form of government.

There have been great efforts made by the West, through the IMF and the World Bank to 'encourage' other nations to adopt democratic practices. This was easy for especially the developing nations that called on the IMF and World Bank for financial support. All these institutions needed to do was: making 'democratization' a condition for the provision of financial support - and *woops* - we suddenly speak of 'waves of democratization' as though everyone has 'seen the light'.

Anyhow - most people will agree that democracy is the most legitimate way of ruling, because it allows for the highest degree of freedom for the individual.

In Ancient Greece it was a contested issue. The renowned philosopher, Plato, was against democracy and advocated rule by the wisest among society, the philosopher-kings (how convenient of you, Plato). He argued that most people have no business being part of the political process, because they don't have the required knowledge, insight or understanding for it.

Although not explicitly, we have been aligning to Plato's philosophy by no longer allowing each and every citizen to vote on legislation and executive bills in their own right, but instead working with a system of representative democracy, where we elect individuals that are seemingly more equipped to make such decisions on our behalf.

Within allowing such a representative system of politics, we have created a 'gap' between demos and kratia - between the people and the government - where we can in fact no longer say that it is the people who are ruling, as it is the elected government officials in the executive and legislative branches of government that are ruling - and this excludes most citizens. This gap has allowed for secrecy and rent-seeking. Instead of politics being a one-party system - in the sense that only one party is involved: the people - we are working with a three-party system - there is the people, there is the elected government officials and there is those with the financial means that participate in rent-seeking to influence policy to their own advantage, regardless of public opinion.

In order to bridge the gap between the people and the government, two specific problems require to be addressed:

1. Education
2. Ownership of economic influence

We'll continue this discussion in the next blog.

28 January 2014

Day 259: Living Income Guaranteed and Raising Children

Q: "I have two children - One child is now 24 and the other is 6. When I was raising my 24-year old, I worked all of time and because of this I had to leave that child in the care of others until they were old enough to stay home by themselves. I don't mind working - I actually like it very much. I just feel like I missed out on so much of my child's life and that I wasn't there for them as much as I could have been because I was physically exhausted, distracted with work issues, and other life things. When my 24-year old was in their last year of high school, I became pregnant after years of believing that it wouldn't be possible for my husband and myself to have more children. Again, for financial reasons, I had to cut breast-feeding short, go back to work, and hand my child over to the care of others. Unfortunately, this child did not do as well as my first with others taking care of them and was having physical and behavioral issues come up from me not being home with them. So my question is: Does what you propose with living income guaranteed address this problem? Will parents, like myself, be able to stay home if we want to? And if we DO decide to stay home, will it be seen as though we're 'living off of the state' or collecting unemployment benefits where we will be pressured to get back out into the workforce as soon as possible? Is there a cap of how long we can stay at home with the children?"


So my question is: Does what you propose with living income guaranteed address this problem? Will parents, like myself, be able to stay home if we want to?
Yes, definitely. Anyone in a caretaker position will be able to stay at home and focus on such responsibilities, while receiving a Livinng Income Guaranteed that is sufficient, where one won't require to sacrifice time spent with one's family for the purpose of generating an additional income source. The Living Income Guaranteed movement recognizes the fact that parents are not able to spend sufficient time with their children and how this is having a detrimental effect on society, as it influences the development and education of new generations and how they are able to participate in and contribute to society as a whole. Forcing parents to take up employment and placing their children in the care of others is a disservice to the parents, the children and society as whole - thus, with LIG, parents are no longer punished for having a child, but unconditionally supported.

And if we DO decide to stay home, will it be seen as though we're 'living off of the state' or collecting unemployment benefits where we will be pressured to get back out into the workforce as soon as possible? Is there a cap of how long we can stay at home with the children?
No - one would not be living off the state, since LIG is not financed through state-owned funds, but by the profits generated from a country's heritage. No one will thus be paying for someone else's LIG, removing the resentment that currently exists within taxpayers towards welfare programs that are funded through income taxes. There are also no caps for how long one can receive a Living Income Guaranteed - it is unconditionally provided; when to take up employment is therefor a decision for each to make in consideration of one's responsibilities.

26 January 2014

Day 258: Will Implementation of LIG put more Stress on the Ecosystem by Creating more Consumers?

Q: "When LIG is implemented and people, who were mostly outcasts, become able to fully participate in the system we can probably expect a huge increase in consumption putting more stress on the already suffering ecosystem of the planet. How can we deal with this effectively"

A: "This is why other structural changes form part of the LIG proposal.

1. That before a product is produced, market research must be done that establishes a genuine demand for such a product as the mentality is followed that when a product is produced, we can create the demand for it through advertising.

2. Advertisement should stand in relation to informing potential consumers about what the product is, how long it will last, what the materials used are, how the price is determined - appealing to a person's rational choice making capabilities, without using manipulation and persuasion tactics that appeal and attempt to influence a person's emotional state of mind.

3. Durable products (eg: something that you use several times, like a vacuum cleaner or a bed, a car, etc) require to be approved by the bureau of standards where they have to be able to show that they have made the product to last for as long as reasonably possible.

The purpose of all these measures is to counter the trend of living beyond our means - where we have been depleting the Earth's resources faster than we can replenish it through producing and selling goods that no one truly needs or wants, but are sold through manipulative means of convincing the consumer that they DO want and need this good, and through producing inferior goods that were made to break. So, LIG intends to align our ECOnomic system to our ECOlogical reality - which is an absolute must if we intend our children to inherit an Earth that is not damaged beyond repair. We are the custodians of Earth - whether this position is rightful or unrightfully claimed is beyond our time - we have placed ourselves as humanity in the position where we are the only ones who can make a change to the health of the planet we inhabit - and thus we have a responsibility to do so."

For more perspective, visit !

29 December 2013

Day 257: Living Income Practicality

Q: Will LIG result in the replacement of jobs by machines?

A: The foundation of LIG is to provide the necessary access to the living necessities as a human right, therefore if jobs are replaced by machines as an on-going trend, people will receive the LIG as a means to have their living needs covered. Therefore we don't directly endorse the idea of replacing human labor with machines as that is at this stage decided by each corporation's capacity to implement it in their business. However, also to consider that with LIG, due to financial security, many will feel more confident to start new business ventures, which will again create more jobs.

Q: How do we prevent those receiving LIG from being exploited by greed? For instance: Everyone working is receiving at least double the Living Income. What is to stop the price of goods from moving up so that it's not feasible for people on LIG to afford goods?

A: There will still be short-term fluctuations in the prices of various goods. However, when the prices of the commodities that represent living necessities follow an upward trend to such an extent the Living Income becomes inadequate – the Living Income amount will be increased. If the Living Income goes up, it means the minimum wage – which is defined as double the Living Income – will proportionally increase as well – thus increasing costs for firms. In the long-run it is therefore in firms’ best interest to expand operations in order to meet the increased demand rather than increasing prices. The period where inflation due to an increase in demand is most likely to occur is after the implementation of LIG. It is key, therefore, to ensure that the implementation is done in a transparent way, so that any increase in demand is not unexpected, but firms are prepared for the change and have defined strategies to expand their output.

Q: How will people be motivated to work and perform well under LIG?

A: The classical notion that money is what motivates people to perform well – where the more one earns, the better one performs, has been disproven – for perspective, watch:
By setting the minimum wage at double the Living Income, every worker is recognized as a vital part of the company, which creates loyalty and a commitment to the goals of the company. It has been shown that when employees receive more than a subsistence income, a firm incurs less turnover costs as well as less costs relating to monitoring the employees. That being said, the relationship between employer and employee is likely to change as LIG increases the bargaining power of employees significantly; no-one will ‘need’ to work anymore. Currently – the threat to lose one’s job is often enough to compromise oneself within one’s job by accepting inferior labor conditions – because one knows that there are always others who will do any job just in order to survive – and thus one is replaceable. With LIG – working is no longer a matter of survival and employers will require to put in the effort to make jobs attractive by creating optimal labor conditions and treating every employee as an individual and not merely as a cog in a machine. The above-referenced video includes several examples of how appealing to employees’ sense of purpose creates far more effective motivation than the threat to lose one’s job.

Q: One point that came up for me is that with the Erasmus program in Europe many students travel to other countries for one year. The student is integrated into the local university system and learns about the culture and the language. In general students' mobility is highly supported by the EU. If there is a country that offers LIG at lower age than most other countries, then that country might see an influx of immigrating youth - would this play a role?

A: Being a student in a country doesn’t make one a citizen, and so, one is not entitled to a Living Income. Countries can specify whether permanent residents would receive LIG, as well as citizens – this could also go in stages, where initially only citizens can claim a Living Income and later, as more countries implement LIG, permanent and perhaps even temporary residents can receive LIG as the inflow of immigrants will not be as intense at that stage.

For context and more information:

Living Income Guaranteed - the Proposal:
Living Income Guaranteed YouTube Channel - watch the hangouts:
Living Income Guaranteed Website:

22 December 2013

Day 256: Will LIG result in a Centrally Planned Economy with a Coercive Government?

This blog-post is a response to a Facebook Comment made in relation to the Living Income Proposal.

"Government is still government. Centrally coerced power nonetheless."

I suggest reading the blog ‘How Companies will be Nationalized and What does it Mean? LIG’ for more clarity on how we suggest nationalization is to occur – where it is NOT the government that would centrally own/control the resources ‘on behalf of the people’ – it would be the every citizen directly being a shareholder of the nationalized companies. This means that the companies will not be used in favor of the government – but in benefit of the population as a whole. Herein, no changes really have to occur in how the companies are operated today, the only difference is where the profit goes and who takes part in shareholder meetings. 

" "If we define competition as the ability achieve the best living condition in a society " has absolutely NOTHING to do with competition within a free market sense. Such fundamental misrepresentations / rebranding of words is disservice."

Competition for the sake of competing/winning is a disservice to society as a whole. This is what the ‘invisible hand’ doctrine is all about – that self-interested competitive behavior yields result that are favorable to others in society, which was not intended. However, currently this competition has, let’s say, ‘evolved’ to the point where the ‘losers’ in the competition literally lose everything – including those things that are supposed to be guaranteed human rights. This is where LIG intends to make a difference. Competition is useful from the perspective that it creates an environment where participants strive to create the best product and the best service – which in turn enhances the quality of life of the members of society (which is what is referred to in the quote you mentioned) but it shouldn't do so at the expense of an individual’s ability to provide themselves with living necessities.

"None of these terms mean anything. "Activation of the economy"?"

Simply referring to increasing economic activity, employment and productivity.

Who knows what standards they employ for not interfering with the "nationalization of natural resources". How do you qualify "interfere with public services"? Who the hell even determines what is objectively the "highest quality"? This is complete monopoly of resources, enstated through force / coercion / compulsion, with extremely ill-defined definitions of language. This is one step away from having a dictator.

You’re using quite a slippery-slope type of argumentation here – it would be a good example of ‘how not to do it’ in critical reasoning courses. Anyhow – monopoly of resources: no – it would be quite the opposite – resources would be owned by every citizen of a country and would no longer be able to be controlled by a few. Remember – it is not government that owns the resources, it is the citizens directly. Also – it’s not that we are suggesting to have only one company provide for instance electricity and that this company should be nationalized and that this company will now receive funds from the government that other companies don't - No – we encourage healthy competition between firms supplying the same/similar services – whether these are ‘nationalized’ firms (in the sense that is discussed in the Living Income Proposal) or whether they remain in private hands.

 A HUGE issue with this program, besides the mind-blowing idiocy in their understanding of basic economic concepts, is the perversion of price. I guarantee you if you linked a good description on how they intend to replace the price mechanism I'll blow it away in a second. Not even Zeitgeisters' resource-based economy can figure this out.

 You know how monopolies are kept in check in a FREE MARKET? Companies A, B, C, D. A uses profits / loans to buy companies B. Company C raises the price of his business since he knows that company A is trying to corner the market. If Company A tries to buy D he either already used so much of his $$$ or took on so much debt than company D can simply hold on and corner the market himself.

 Self-interest and FREE markets naturally limit these things. It is self-regulating.

How about collusion? A, B, C, and D form a union and agree to raise prices across the board. Guess what? The first company who defects from the pact and drops his prices gets the WHOLE market share. In return the other 3 companies HAVE to lower their prices as well.

Probably have never heard that in your entire life.

Please – I suggest you get your head out of your economy-books and rather do some real-life investigation. How can Nestle, for instance, have 12% of the WOLRD market if the free market is so self-regulating? Theory and practice are not the same thing. The free market is inherently not designed to take into account, for instance, living conditions – as you probably know – equilibrium wages have nothing to do with living wages – yet, how can we allow companies to set prices that adhere to market-principles, when it means they cannot pay their employees a proper wage? With LIG we suggest to make minor adjustments so that at the very least, everyone’s human rights are guaranteed and so that any worker is actually recognized as someone who participates in providing their labor for the benefit of society through producing goods and services, through a wage double the living income.

You require to consider that ‘pure’ free market principles are nothing more than a nicely formulated set of justifications the elite uses to continue abuse in the market. So, I suggest supplementing your studies with independent research, so that you can come to grips with what is really happening and how it doesn't match the economic theories. 

It's a big ol lie that the government "protects" you from monopolies and collusion. They kill the competition and FORM the monopolies. Governments take out the risk of monopoly by taking AWAY the risk. Ever hear of bank bailouts? Privitized profits and socialized losses? They only got that big anyways because of the government. The problem isn't banking. It's the coercive nature of government which traps people (under the point of a gun) to this fraud.

Again – we propose a very limited role for government with Living Income Guaranteed and suggest that as much as possible is done automatically to minimize the possibility of fraud and inefficiency.

Bureau of Standards? I mean the hell, it is not economically efficient of ideal to produce everything to the "highest-standard" possible. Should a lead pencil be made from Brazillian hardwood? Would wooden pallets for shipping all be required to be made from hardwood to withstand maximum weight load? Would we even have the existence of goods such as particle board / press wood / mulch (after all ALL of these were reinventions of waste products which had no productive use before...... but according to this theory we should have not have even cut the lumber before we planned what to do with the chips). You put this policy in place 100's of years ago and we'd have no such thing as cheese or whey protein because damn........ once you make the cheese we'd have to employ 100 researchers to find out what to do with the whey! Guess no cheese until we figure out the "perfect plan" eh?

Here you’ve taken words out of context. With the Bureau of Standards the intention is to go back to good-quality products. Of course, there is no purpose for a pencil to be made from Brazilian hardwood. But there is a purpose for a microwave to last for 50 years instead of 5. So – we’re here looking specifically at equipment/tools that are not actually consumer-goods in the sense of, for instance, food that is consumed – where you buy it, you consume it, now it’s gone and you have to buy more. Equipments/tools were originally designed/meant to last a long time, but as it was realized that if you make something to break – people have to come buy a new one – inferior materials started being used and tools/equipment started becoming consumer products in that you use it only x times/ for an x amount of time and now it’s broke and you have to buy a new one. Such behavior creates consequences not only for the current but for future generations as well, as it perpetuates a wasting of resources. So, the Bureau of Standards is a suggestion to ensure we do not waste resources on inferior products. This is something the free market does not regulate, because it is an external cost. Yet, it is absolutely important that we start pacing our rate of production to the physical if we want to keep living on this planet. It is not, however, a means for central planning. In the same way we have regulations for safe food-production – there should be a Bureau of Standards for quality tools/equipment because it is in everyone’s best interest.

The understanding of the fundamentals are completely whack. Even if you cut past this hogwash it ultimately is just coercive force / violence by the state put into extreme, pretty much Soviet Russia or Communist China. Centrally-planned, coerced ideals through "objective calculations" that seem good on paper but starve millions due to misallocation of resources.

Not really worth any more of my time. All of the 10+ pages from this program have been utterly shameful. If it wasn't for the fact that stupid people can "democratically" vote and enslave the rest of us under this type of tyranny I wouldn't even bother.

I suggest taking a breath – letting go of your fears, and with the perspectives given in this blog – read the proposal again – so that you may see it for what it is, rather than filter it through your mind – as you’re currently making associations and interpretations that are in no way part of the LIG proposal.

For context and more information:

Living Income Guaranteed - the Proposal:

Living Income Guaranteed YouTube Channel - watch the hangouts: 

Living Income Guaranteed Website: