Day 424: Basic Income and Owning Property

One of the Foundations of Capitalism is Owning Property, but also one of the Foundations of Capitalism is to have a Society that is Able to Consume because They have the Means with which to Consume. So it is suggested that a Balance must be Struck.

Basic Income Guarantee is particularly focused on those situations where a Person is Not in a position to Have Sufficient Income to be Able to Participate as an Equal within Society through Spending, Purchasing, Ensuring the Basic Needs required for a Human to Exist. There are then Obviously Conditions where a Basic Income is Not Required, and thus to Ensure that there is Enough Income Available to Support those when in Trouble, or when Society is not Able yet to Produce Sufficient Jobs, that Those that Have = Do Not Qualify for a Basic Income.

The Basic Regulation would be, is that If you have More than One House you’re owning, you Do Not Qualify for a Basic Income grant, because you are Able due to your Property Value, to Sustain Yourself or at the very least you’ll have to sell One of the Properties and then if you Do Not have Employment, you’ll be able to Qualify for a Basic Income Grant.

Obviously the other point is Investments. If you have Investments that you are Able to Sustain Yourself through your Investments – that means You Have Money ‘somewhere’ in ‘some form,’ because the Basic Income Grant will also act as a Pension, You Don’t Need such Investments. Eventually, a mechanism will have to be Established at What Level Investment would be Sufficient so that you can Sustain Yourself and that you are No Longer Dependent on the basic income grant. So savings or Investments from the perspective of it Creating for you Sufficient Wealth to Sustain Yourself will automatically place you in a position where You Do Not Require a Basic Income Grant, because you are Able to Financially Sustain Yourself.

A Capital Growth is thus one of the points that will be Promoted within a Basic Income System because it will Eventually create a situation where One will be Able to Be Financially Self-Sustained, and the Objective is to get Each Human Financially Self-Sustained so that you are No longer Dependent on your Social Systems – Pension, Insurance, Loans – and that you have Acquired the Skill to Use Capital in a way that you Actually are Able to Sustain your Existence. Then Capitalism has become a Functional System that Benefits Everyone with this Necessary Support when needed and the Necessary Responsibility when your Basic Income is No Longer Required. This also places one within the Self-Development mindset that Capitalism represents, where you specifically acquire Skills to eventually Free Yourself from the Needed Support because you have been Able to Create for yourself a Self-Support System. And that within your Hierarchy of Needs would mean that you have Achieved a Level of Self-Fulfillment and thus a ‘Higher Level of Being’ within Responsibility.

Now the whole Psychological Benefit one can find within Capitalism will be Worthwhile as it is Structured Practically within this reality, you do not have the Stress that goes with your point that if you Fail in your Endeavor = You have Nowhere to go, there is Support and as we have Noticed within Capitalism, one Tends to Fail The first few times because You haven’t Got the Skills yet and the Experience – although that should be Developed also within the Education System so that Failure is limited to the Minimum, because Failure means Resources Get Wasted and when Resources Get Wasted it becomes more Difficult to have a Sustainable Balanced System.

Day 422: Basic Income Grant and Pensions

Within a Basic Income Grant System, the Need for Unemployment, Insurance, Benefits, Pensions and Life Insurance No longer Exists. The Resources that are Placed within the Shareholding of the Citizenry is what Facilitates the Basic Income Grant and One Qualifies for Benefit from your Shareholding when you are Unemployed or when you are on Pension or when you are in some way ‘Damaged’ and You Cannot Work – so that there is Never a Stage where One is Without the Necessary Capital to Actually Sustain a Living. So the Industries that are currently Profiting from All these things that can Go Wrong in a Person’s Life No Longer Need to Exist, because there is Simply No Point to it because your Basic Income Grant Facilitates All the Points and Ensures that No One is Ever Without Capital when they’re Unemployed or if you have been in an Accident and you Cannot work = you’ll Still Have an Income; or if you’re a Family and the bread owner Dies, the Family Still has an Income. So All the Points where Insurance Existed which has been where People has Placed their Money which has Caused such Major Havoc in the world through the Stock Markets because this money then goes into the Stock Markets to Mess with the World Food Prices and to Come with the idea that apparently ‘There are Ways to Make Money’ so it becomes Part of the Global Market Casino. The End of this Casino is Possible within a Basic Income Grant, although Other Corporations will Still Probably want to ‘Float their Ideas’ and have Shareholding so, That will Still Happen; but your Shareholding will No Longer be Vested in Major Corporations or Life Insurance Companies, it will be the Individual that will Invests through their Bank – and the Bank being one of their Own Businesses in which they have Shares which will Facilitate their Investment and Manage the Investment in the Privately Owned and Financed Corporations, so that the Distribution of Money and the Management of the System becomes Highly Efficient.

And all of it obviously can with Great Simplicity be Computerized which is a Mechanism that Can Be Trusted once Placed and Tested. And one can Reduce the Problems coming from Humans Making Mistakes because with the Machine and with Software one can Manage the Distribution, the Placement of Investments a Lot Easier. So, a Citizen can Decide that they Want to Support a Particular Business and Buy Shares in it and then once there is a Profit Declared by that Company, then Obviously the Citizen Benefits from the Profit through Dividends – these Dividends are Tax Free, because there is no Personal Tax and there is also No Corporate Tax – so one can Use that to Spend on Luxury Items and so, the Cash Flow of the Economy Increases, which means Job Creation Increases which means there are More Jobs available for People that want to Earn a Better Living and Not Only Exist on a Basic Income Grant, but Basic Income Grant is Sufficient to Make a Decent Living.

So, Investigate Economic Solutions and Support the Equal Life Foundation – We are Here for You.