Friday 4 June 2021

Are you part of the reimagining money, well-being and jobs movement?

 Listen to the podcast version of this post 

Each Friday's podcasts are always under 10 minutes.

This is episode 111. 

Our financial, social, business, religious, technological and education systems, serve the few not the many. They are not fit for purpose. There's better, wiser and more valuable ways. Are you part of the movement that's bringing about the changes needed?

Buckminster Fuller left us 38 years ago. There are many insights he left us with that demand action. One is his insight about how it is a false idea that everybody has to be employed. I quote: 

“We should do away with the absolutely specious notion that everybody has to earn a living. It is a fact today that one in ten thousand of us can make a technological breakthrough capable of supporting all the rest. The youth of today are absolutely right in recognizing this nonsense of earning a living. We keep inventing jobs because of this false idea that everybody has to be employed at some kind of drudgery because, according to Malthusian Darwinian theory he must justify his right to exist. So we have inspectors of inspectors and people making instruments for inspectors to inspect inspectors. The true business of people should be to go back to school and think about whatever it was they were thinking about before somebody came along and told them they had to earn a living.”

Buckminster Fuller 1895 - 1983 

Sam Altman, President of startup accelerating firm Y Combinator is quoted in a social policy document in the Australian parliament titled ‘Basic income: a radical idea enters the mainstream’ on 18 November 2016. He says:

“... technological improvements should generate an abundance of resources. Although basic income seems fiscally challenging today, in a world where technology replaces existing jobs and basic income becomes necessary, technological improvements should generate an abundance of resources and the cost of living should fall dramatically.”

I’ve been exploring the idea of Universal Basic Income for sometime. The only reason that I can see that is it not yet adopted is ideological.

There are many successful experiments. The latest one I’ve seen involved people in Stockton, California. Here's the report from the great folk at 'Reasons To Be Cheerful’. Image below is courtesy of them.

Two things fascinated me about the Stockton experiment. Firstly it wasn’t funded by taxation, and secondly when people where given cash they went out and got jobs.

A Universal Basic Income for every person on the planet could easily be funded, I suspect best through some taxation and some private funding by rich people, who after all only got rich because of customers buying the products and services.

Think about the equality that would be possible.

In the UK a group called Positive Money has a clear and compelling strategy that reforms money and banking to build a fair, democratic and stable economy. 

This is just another example of a world wide movement fast gathering traction that is reimagining money, well-being and jobs.

Are you a part of this movement?

Become the wise leader you want to be.


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