Sunday, September 01, 2019

Support and Build

One way to finance an idea is to convince people it is important, and then get those people to fund it. Raise and spend. Another way is to build the Capital to finance it. The dilemma is most of the needs we raise funding for aren’t limited. This means building Capital for later, means not spending now. Even though there are things that need spending on now. Financial Poverty is just one example. There is mounting evidence that the best way to help people in Financial Poverty is directly. Give them cash. Pay as you go redistribution is a hand-to-mouth solution. Another way would be to build Community Wealth Funds that pay a Universal Basic Income as a dividend. That requires time. There is a middle ground. If some of the money raised is used to fund immediate needs, and the balance is used to build a sustainable solution. Eat some fruit. Plant some trees. Live in the present, but build for the future.

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