What social need are you aiming to address and who will benefit? *
We think that human waged labour is about to plunge into freefall as business must prefer unwaged automation + technology to stay competitive demonstrating that there is a pressing need for a guaranteed basic income to be at levels that support consuming to business through algorithmic management of our fiat currency.
The monetary implementation of our fiat currency being a currency issuer is seriously skewed by political ideology with what could be a perfectly balanced system technologically administered by an algorithm designed by the brightest and best in the world, initially attracted by an open sourced crowd based intelligence platform. i.e.: the mining of crowd intelligence for fair administration towards perfect democracy.
There is a need for the WISDOM of the CROWD to assist in development of all manner of social and environmental improvements. This is real democracy made possible by technology, plus there is surprising evidence that when persons are excited and included they don’t always require payment to deliver their best.
A simple step by step explanation as an education of how a properly administered fiat currency can never end up devalued as was the case with Zimbabwe so that everyone understands, even politicians and ordinary persons.
Who are you?
We are a UK movement to bring about transition from our current financial system which works for the few to a financial system that works for the majority without causing inflation.
We believe that the main function of business is to make as much profit as is sustainable thus preferring to employ non-human labor leaving an increasing number of people with very low incomes.
We propose changes to UK law to allow banks under the remit of government departments to spend in to the economy personal incomes set at a reasonable living standard so that business may reap the reward of consumer spending.
Additionally we believe that many issues don’t lend themselves well to a profit principle and see issues such as land and coastal erosion including many other environmental concerns needing to be addressed by spending in to the economy directly.
What’s the problem?
Currently we believe that government has no idea what is happening in banking practice and that their policies are completely out of sync with what is actually being achieved. The government, perhaps accidentally have believed and propagated myths such as “It is our taxes that pay for social housing and benefits” and that the government should run the country in much the same way as a household runs which is totally absurd since the government is the only authority that can bring money in to being. The government is not dependent on incomings of money in order to run the economy since the government must initially create those incomings in the first instance via the banks, currently only as debt. Taxes should only be high in order to control prices (inflation).
Where does all your money go?
All donations and sponsorship is collected as a non-profit organisation. That money is only used for costs in spreading the word about who we are, why we are formed and what others can do to help us rise to meaningful levels in order to promote our intentions.
What can I do?
Whether you are a small or large business institution or just an ordinary citizen we are looking for help of almost every description. You can help us by donating whatever you can afford or by offering your services or just by sharing the content to anyone or anywhere being free of copyright. We are at very early stages of development and as of time of writing being 7th July 2015 are only able to welcome volunteers, sponsors and donations.
We will post publicly our costs as they occur when they are above sundries. Sundries will be stated at heading in our access spreadsheet. Every cost will be transparent.