Hello, the below idea has been brewing in my head for some time and it came up during recent discussions with
@Naofumi and
@Soumitra in different threads. I present a new economic system that is needed especially in countries like India and Pakistan where old regressive social mores meet modern capitalist ideas to produce a toxic socio-economic culture where especially lot of the middle class does not look at the socio-economic disparities and injustices that happen because of an uneven money system.
My system is not entirely money-less but more an evolution and is as thus :
All basic needs ( housing, water, basic food, essential clothes, electricity, healthcare, communication, mass-public transport, legal service which will be rare anyway in such a system, etc ) being for free and the remaining things ( non-basic food, clothing accessories, hair styling, gym membership, transportation by taxi, the visit to the restaurant or tea-house, permission for house party, etc ) being a paid-for thing via an evolved money system like the "Social Credits" system being implemented in China.
Let's assume that the Social Credits for each person will be 20 at the start of every month. He will be able to obtain a few services with these Credits. He will need to do his designated regular job and any possible extra community service to increase the credits by say 5. Not doing certain things will decrease his Credits. Doing an anti-social thing will get him punished by jail or non-Credit community service depending on the severity. Importantly, the gained Credits do not add to the next month's Credits and make the person a "richer" man. They start fresh from 20.
This way there is no economic disparity, all get the basic necessities without suffering and anybody say with a penchant for stylish clothing and personal grooming will have to contribute harder to the community.
The system can be applied in three ways :
1. There already are economic unions such as the EU, ALBA and CIS. My proposal is just an advancement on these.
2. An individual country can adopt it while at the same time work with the accepted international trading currency, the American Dollar, because the country's means of production will have been nationalized and the goods and services will be exported by the system and not by individual private businesses.
3. The proposal can be later presented at international offline forums such as the UNO. There is no rational reason why a country cannot adopt it. Please see my signature below my post.
This is a work in progress. I plan to speak of this to various progressive movements in India at the right time.
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@RealNapster @Joe Shearer @ps3linux @Indos @Moonlight @Iltutmish @Pan-Islamic-Pakistan others.
