Swiss vote on monthly £1800 citizens income

[Critical Thinking]

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<http://freecriticalthinking.org/daily-pickings/696-citizens-income>Citizens 
<http://freecriticalthinking.org/daily-pickings/696-citizens-income>income 
as compensation for stolen land

The concept of an 
<http://freecriticalthinking.org/daily-pickings/637-unconditional-citizens-income>unconditional 
citizens income is gaining momentum, the latest 
move being in Switzerland where 130,000 people 
signed a petition calling for a debate on the 
subject in Parliament, exceeding the minimum 
number of signatories required by 30,000.



<http://www.informationclearinghouse.info/article36434.htm>Swiss 
to Vote on Guaranteed $2800 Monthly Income for 
All Adults (3 minute video and transcript)

Swiss may grant unconditional income for all



Some supporters of Social Credit (similar in 
concept but differing in implementation) have reservations:



"This Swiss proposal for a "guaranteed" basic 
income is understandable but is technically 
unsound because it will be funded by taxes and/or 
public debt.  It does nothing to address the 
defect in the price-system which causes financial 
costs to increasingly and exponentially exceed 
effective incomes (i.e., wages, salaries and 
dividends) in any given cycle of 
production.  This disparity arises primarily from 
the inclusion of additional allocated charges in 
respect of capital included in final retail 
prices--charges which increase price but not 
purchasing power.  The proposal does nothing to 
reverse price inflation and to balance the 
price-system by substituting new debt-free 
consumer credit for the existing expanding 
consumer bank debt--so as to eliminate the 
overall need for consumer credit created as bank 
loans which increasingly mortgage future 
incomes.  Nor does the proposal considered the 
manner in which the financial system accounts 
real cost in financial terms which increasingly 
exaggerate real cost in physical terms.  As 
technology replaces or displaces human labour a 
secondary source of income becomes increasingly 
necessary but it must originate from outside the 
price-system and must not enter into the costs of 
production.  The Social Credit mechanisms of a 
properly constructed National Credit Account from 
which can be funded National (Consumer) Dividends 
and lower or Compensated (Retail) Prices at point 
of sale are the appropriate means to distribute 
(not re-distribute) incomes additional to any 
earned in the modern age of automation.  The 
purpose of an economic system is to produce 
required and/or desired goods and services for 
humans with absolute minimal input cost of which 
labour is one.  It is not to create work through 
"full-employment".  Any nation that requires over 
ninety per cent of it eligible work force to be 
employed must be considered very inefficient 
indeed.  For heaven's sake--in the days of Merry 
England, a relatively high point in British 
history, the population enjoyed approximate 150 
holidays per year!  Is this present modern 
"sweatshop" really representative of genuine progress?"



For realistic financial policy and economics 
search Wikipedia for "Social Credit".  Also go to 
SCRIBD at: 
http://www.scribd.com/doc/112942854/Introduction-to-Social-Credit-by-Dr-Bryan-W-Monahan 


http://www.scribd.com/doc/114593844/Money-in-Industry

http://www.scribd.com/doc/172359841/the-4-step-social-credit-solution

http://www.scribd.com/doc/171650693/Struggle-for-Money-by-H-M-Murray-Final-Edit



Hat tip to Rob for this



Irrespective of the mechanism to provide it, an 
unconditional basic income for all would unleash 
creativity and allow people to shake off the shackles of "wage slavery".



<http://www.goethe.de/ges/pok/zdk/en4387190.htm>“The 
Time Is Ripe for An Unconditional Basic Income” – 
An Interview With Entrepreneur Götz W. Werner

Hat tip to Alex for this



In our Critical Thinking discussions, when 
discussing the 
<http://www.youtube.com/watch?v=KMMpBW9hbSY>principles 
for the New Economy, there is sometimes debate on 
which is more important? Capturing the surplus 
value of land, abolishing interest or an 
unconditional citizens income. Janos is want to 
remind us that we are like domesticated animals 
hobbled so we cannot move (think) freely; a 
citizens income would release us to engage with 
the political economy and address the other 
fundamental flaws in the current economic system.



To find out more about the Critical Thinking 
project go to <http://freecriticalthinking.org/>freecriticalthinking.org



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