The Unconditional Basic Income Economy - part 2 of 2 [FJvid069Len]

Continued from part 1.
IMPORTANT CORRECTION: at 8:57 I have a big error: the consumption tax on the left side is wrong. With correct figures, the UBI in fact IS possible also with the consumption tax (at 75% in the example)! Thanks to user VictorRecords1 who pointed that out to me!

Category:

Education

Tags:

• UBI
• BGE
• Bedingungsloses
• Grundeinkommen
• state
• economy
• unemployment
• stability
• social
• justice
• tax
• system
• taxes

[MarkoKraguljac]

Nice attempt. Too few people think about this possibility.

Tho, I think that you should have included employed vs unemployed ratio multipliers in order to bring this closed loop closer to reality. I might be wrong.

Are those simple pre-drawned slides or some interactive charting application?

[itekisan]

The model was intended to be as simple as possible while still illustrating how things (money flows) could be stabilized. There's always lots of upgrades and extensions one might add.

And yes, it's a simple slideshow of still drawings. (That's also why in one of my first German versions I had an error in the figures, which would not have happened if it had been an application.)

[songgales]

Amazing Work!

Thank you for putting a vision on Equal Money for All!

[DesteniEducationTV]

we appreciate your work. there are many who are beginning to see the common sense in ensuring a dignified life for all equally. much thanks.

[suavebone]

This guy must have gone to a university of some sort cuz he is one stupid, yet articulate motherfkr!

Plain & simple: the very idea of INCOME tax is what a commie loves. I mean it's right there if you earn money pay up, if not you pay nothing. An income tax would only be acceptable if there were 100% employment. ALL THE TIME!

Take your paper and flush it you inept intellectual

[korona3103]

The workers have to work harder to provide more for the economy. So being a worker gets harder. In the mean time the income tax is much higher now so you take home less of your income.

Your system makes life better for people who want to do zero work, at the expense of the workforce - that doesn't seem just at all!

[amirhamza1989]

Thanks for your video. I am actually working on paper on Basic Income. This video is of great help. Hope we get to implement this in Germany. I am curious to know how it shall work!

[dontblockmedk]

Money property system is ROOT problem.

1. people need food, water, energy, medicine, etc.

2. money systems require scarcity, so they will never create abundance of 1

3. sharing ALL resources and knowledge keeps small groups from controlling everyone

4. we have the resources and technology to provide EVERYTHING for the world now

5. automating the production distribution, frees up humanity to no longer be wage slaves to governments or corporations.

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[hamechonit]

How would people who live in remote places such as farmers respond to a UBI when they have so little access to services that might be found in a city and such a large demand to supply such a city with food?

[LeilaZamoraMoreno]

Thanks for sharing!