Hi, I took this much time to reply because I wanted to be clear in the reply.
How would the gov decide b/w 10 or 100 or 1000 monthly credits?
Well, that amount I have not decided now. I think it should be based on the labor and material cost of creating simplifying technologies like 3D Printers and Vertical Farm installations.
Why not just let them save their credits?
1. That would simply lead to many hoarding their monthly credits which would make them "rich" at some point in the future compared to others which would defeat the point of the OP.
2. Hoarding of credits will also lead to many not utilizing the available products and services which would lead to wastage of human effort and materials and an inefficient economy.
There's less need for a loan that way which limits bureaucracy & therefore lowers resource waste. Any loan can also be paid off sooner. It will also give more incentive for them to make contributions.
Not much bureaucracy is required if the overall system is simple and there is computerization. Please see
this post.
Is it possible to transfer credits to someone? Say I want to watch a movie with my friend but he doesn't have anymore credits. Is it then ok that he is able to receive credits from me? Is it ok for me to buy the ticket for him?
If no, then why not? I'm simply helping out a friend. Isn't sharing & extending a helping hand central to your ideology? Doesn't mean for much if I can't even help others out by giving them credits I don't need or want to use.
Yes, sharing and helping is central to my ideology so you transferring some credits to your friend to watch a film is possible, just that, as normal, the transfer is debited in your personal computer, added in his personal computer and the transaction recorded by the bank, otherwise no problem.
If yes, then why can't I just save credits as well? More importantly for your ideology, why should such ppl be given such preferential treatment? Remember he hasn't EARNED these credits.
He has earned by contributing positively to a harmonious society, by not acting against it. You watching a film with him is not harming society.
Your idea of easy interest-free consumer loans is also highly inflationary to say the least. Investing & Islamic banking are alternatives but your system doesn't allow for capital or commercial lending.
1. What do you mean by "inflationary" ?
2. Islamic banking and non-existence of stock market are also where I derived my idea from just that my idea simplified the those ideas more.
Btw, where would the credits from sales go? I'm assuming they would add to the monthly credit of seller? But then the problems outlined above arise.
The sales credits would indeed go to the seller and be distributed equally among all the contributors who lead to the sales, whether it be the security guard, the computer programmer, the leaders etc.
Basic amenities are free. Ok, good luck preventing ppl from wasting resources. Vertical farming or whatever isn't going to solve the problem of limited resources. You need materials to make such farms to begin with. You can make the most efficient farms to cover the waste but at the end of the day you're still putting in more resources than required & therefore have less resources for creating other things. Same goes for other things such as renewable energy since such things also require resources to be built.
Well, if we look at things at system level and see the things in a closed loop then lot of wastage won't exist. For example, who builds the Vertical Farm ? A company which uses a big 3D Printer to build the farm, and this company will source the cement, metal frames, sand etc build a safe and comfortable VF with well-placed provision for solar cells for the electricals. Please further see
this thread of mine for battery technology. What about the water ? The district committee for water supply sees to it. What about the seeds ? The district agricultural committee sees to it. What about the lighting and other elements of environment control ? An appropriate company is contracted. What about the water-based nutrients for the plants ? The same. What about the trays and holders for the plants ? The same. The computers and sensors ? The same.
Also, the socio-economic and technological elements in the society should work in harmony with a simple and truly democratic political system. The Greeks thought up of the concept of Demokratia about 2500 years ago, a system where the people will directly talk about the issues and ideas for their society and implement them without a complicated political structure and someone bossing over them. But this concept was flawed because it did not include women and it maintained a slave system who also could not contribute to the public consultations. But the modern Libyan system called Jamahiriya, again a direct democracy concept, truly included all members of society in every issue discussion and ideation. Please read
this thread from 2015 on how that system worked in practice and
this thread of mine on its technicalities ( you have asked me there and I will reply at the soonest ). The system was adapted to Venezuela by Hugo Chavez. Please note that the "Municipal Peoples Congress" in case of present India would be assigned to the 748 districts here.
How does the gov even decide how many credits a contribution is worth? What if an invention turns out to be worth more than what the gov gave you?
1. Like you will see in the Jamahiriya political system concept the "government" will be the people themselves through the congresses and the committees they will set up.
2. For a service or a product, say someone doing your garden, the credits to be paid should of course be a reasonable number decided with public consultation based on the labor and the needed materials to be sourced. A member has told me that he sells luxury jewelry and I think I have answered him acceptably with my point being that the buyer can take a loan to avail of the product.
3. Can you give an example of a invention that can be worth more than the monthly credits within context of above points 1 and 2 ?
What if they're not able to spend any number of their extra credits during the month? For e.g. they were injured or so busy they couldn't do anything or they just didn't like any of the products available or they died before receiving credits. How would you compensate them then? Are they able to defer when they get credits?
1. If they were not able to spend their credits that month then no problem, the system will give them the same fixed credits the next month - a monthly cycling amount like I said. They can do any reasonable thing they want with those next month's credits.
2. The monthly credits exist per person so if someone died though their family will not receive the deceased's credits they will also not individually suffer because the basic services are free and the non-basic services can be availed by their own individual monthly credits. And if the deceased had taken a loan for some personal item like luxury furniture then the deceased's family will be able to pay off that loan at a reasonable period rate and the family dividing up the loan repayment amongst themselves in the same way you wanted to transfer some credits to your friend to watch a film but the actual loan repayer being one person from the family to whom the other members keep transferring some amount every month. If the deceased had taken a corporate loan while being one of the leaders of a company then the deceased's family will take over the loan as before and contribute that loan repayment fraction to to the already divided up amount from the company's workers.
