Some questions are too hard to answer. Not answering is also not good enough. But we have to do something, because not doing something, is doing something. One of those hard questions is what to do about Poverty. Poverty is predominantly inherited. Privilege is also predominantly inherited. Where you are born, who your community is, the people you are likely to meet, and the natural skills and abilities you have.
Another hard question is to fix a challenge now, or fix it permanently later.
The vast majority of us live hand-to-mouth. Even the wealthy. We don't have a savings culture. Safely less than 10% of us manage to retire one day having built financial security that allows us to maintain the lifestyle we had while working. Most people consume whatever they make, rather than building. Normally, because they need to. Normally, because creating a gap between the hand and the mouth is hard.
Survival is a Financing problem. Finance is basically 'how do we get the money to solve this problem?'. The problem of survival, up to this point, has been solved by 'pay people to do work'. This ties our survival to our ability to make money.
Another solution would be Capital. Capital can earn money. What I call an Engine. The wheels of a car have a job to do, but not one that creates Energy. They rely on the Engine. I believe the same is true of the challenges that face us. Money is Energy. Without it, we can't do much. But not everything worth doing is about Energy... that Energy needs to be transformed into something worthwhile. That Energy needs to take us somewhere. That is where the wheels come in. Financial Security powers wheels.
'Half and Half' is a possible do something to these hard questions. A Universal Basic Income could be financed on a build your own, and build another basis. Those who are privileged enough to have some financial security, say those consuming more than $32/day (the richest billion people on the planet), could build themselves and another person a UBI. If they put $8/day aside. Half could build a UBI Engine. Half could pay a UBI now. Half and Half. $4 could be invested to build a Community Wealth Fund. $4 could pay themselves and another person a UBI of $2/day. The poorest Billion people on the planet live on less than $2 a day.
It is possible, over a period of 15 years, to build a Community Wealth Fund that could permanently fund a UBI of $2 a day. If we shift from a Consumer to a Custodian mindset. If you create a fund that puts the Capital to work. If the owners of the Fund consume less, on average, than the fund makes.
These are hard questions. Half and Half seems like a good answer to try.
'Half and Half' is a possible do something to these hard questions. A Universal Basic Income could be financed on a build your own, and build another basis. Those who are privileged enough to have some financial security, say those consuming more than $32/day (the richest billion people on the planet), could build themselves and another person a UBI. If they put $8/day aside. Half could build a UBI Engine. Half could pay a UBI now. Half and Half. $4 could be invested to build a Community Wealth Fund. $4 could pay themselves and another person a UBI of $2/day. The poorest Billion people on the planet live on less than $2 a day.
It is possible, over a period of 15 years, to build a Community Wealth Fund that could permanently fund a UBI of $2 a day. If we shift from a Consumer to a Custodian mindset. If you create a fund that puts the Capital to work. If the owners of the Fund consume less, on average, than the fund makes.
These are hard questions. Half and Half seems like a good answer to try.
Half for now, Half for later
Fund your own, Fund another
Build your own, Build another
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