For this one, we are going to dive into the future! Not sure how far, but a little ways at least. Maybe in our lifetime - maybe not. The idea we're looking at is something that I've heard a few people talking about lately, so thought that I'd give it a look. It's called a UBI - or Universal Basic Income. The basic idea is that everyone (that's the universal bit) gets a set amount of base (that's the basic bit) money (the income bit), no questions asked, regardless of whether they work or not, etc. Everyone. Now, various people have talked about how this might decrease people working; some countries have done trials, with good results; and as we look towards a time when more and more jobs are being done by machines, this may well become more and more needed.
But I don't so much want to look at the why of it all, the reasons for and against. Other people have done that extensively, and if you want to look that up, go ahead. Instead, I want to provide one suggestion as to how it could work. I'm not saying that this is the best way to do it; this may well not work at all. I don't know. It's just one thought that I've had, that I think is interesting to ponder.
So!
In this example, I want you to imagine that there is no other pay apart from the UBI. The UBI is the only way to get money/currency, unless you want to go into bartering. The UBI might be paid per day, per week, per month - it doesn't really matter. Let's say per week, for this instance.
So, each week, every person in this country gets two units of money. Before you say that that's a tiny amount - a unit could be anything. It could be $1000. It could be less. It could be more. For now, let's just assume that one unit is enough to get the average person through the week relatively easily. So when you go to buy something, it's measured in fractions of that unit - your rent might be 1/3 of a unit, or something. Now. I said you get two units.
One unit is keyed to your ID, some sort of unique identifying number or something. Only you can use it. The other unit, however, is the opposite - you have to give it away to someone else. And the same is true every week. There's probably a website you can go on, where different people show the work they're doing, and talk about why you should donate to them; and each week, you choose which one to donate that unit to. A person can never have more than a certain number of units (five, for example), and there might be some rule against repeatedly giving one person a unit each week.
Of course, you could try this with more than two units - say, keeping one unit and donating two if you have three, or maybe being able to donate fractions of units - but I like this idea. The idea that everyone has this basic income - but then you can still go and do a creative project, or a scientific project, etc, and essentially get other people to fund that. Now, I have no idea how things like businesses and such would work with this - but I think it's an interesting idea to consider.
Would love to know what you think :)
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Please, tell me what you think. I'm not psychic, and I want to know :)