Introduction
This project aims to address and resolve the pressing social, political, economic, ecological, and religious issues of our time through a revolutionary approach to income distribution. The key to realizing this vision lies not in financial constraints but in the collective will to act. Governments have demonstrated their ability to mobilize vast financial resources when deemed necessary, proving that the issue at hand is primarily one of intent and determination.
Government Role in Employment
To ensure every adult citizen has access to employment, the project advocates for the partial nationalization of companies. This approach would enable the government to guarantee at least one job for every citizen. In return for their work, citizens would receive an income sufficient to lead a dignified life. This system would provide stability for individuals and their families, ensuring that everyone who contributes to society through their labor is adequately compensated.
Rebuilding Society Post-Crisis
The aftermath of the recent health crisis and its inevitable economic repercussions demand a comprehensive societal reconstruction. This project proposes a fair basic income system to stabilize businesses on the brink of bankruptcy, support farmers, and create numerous new jobs. By guaranteeing employment and a fair income, the project aims to restore and enhance the economic health of the society.
Implementation of Fair Basic Income
A fair basic income is defined as a sufficient amount to cover basic expenses, live in a healthy environment, enjoy modest pleasures, especially for children, and lead a dignified life in return for contributing to society’s well-being. The implementation would be gradual and voluntary, allowing both citizens and employers to opt-in.
For example, a cashier currently earning minimum wage could transition to the fair basic income system. The institution overseeing the system would notify the employer of the new contribution rates and deductions, and the state would then pay the cashier directly. This transition ensures that the employer’s financial burden is managed while the employee enjoys a guaranteed income.
Employer Participation and Adjustments
Employers have two options for participating in this system:
- They can contribute all their earnings to the institute, which then returns the net profit after deducting the fair basic income and taxes.
- They can pay the predetermined contributions and taxes directly and retain the remainder.
Employers can also propose salary increases for their employees based on skills, tenure, or performance. These adjustments ensure that the system remains flexible and equitable, allowing for variations in income across different sectors while maintaining a solid financial foundation for all workers.
Benefits and Economic Impact
The primary benefit of this reform is an improved quality of life for all participants, providing financial comfort and enhancing their purchasing power, which in turn stimulates economic growth. As more individuals and employers join the system, the economy will experience a positive cycle of job creation and increased consumer spending, leading to continuous societal improvements. This system promises to create social justice across all classes, ensuring that everyone who works can live comfortably and with dignity.
International Relations and Financing
Implementing this system will not negatively impact international trade and relations. The initial phase of financing can be managed through state resources, utilizing the concept of „magic money,“ as previously demonstrated by governments in times of crisis.
Sustainability and Feasibility
In the long term, this system will become self-sustaining, operating without financial losses or the need to exploit certain groups for the benefit of others. The primary obstacle to its implementation is the political will to act. With the right determination, this project can be realized, creating a just and sustainable society for all.