RE: Hilary Clinton On Basic Income: A Tiny Step For Upgrading Political Value Systems...?

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Hilary Clinton On Basic Income: A Tiny Step For Upgrading Political Value Systems...?

in basicincome •  7 years ago 

Earth Dollar is an interesting model - and even Hilary's take addresses the concept - based on the Natural Capital Accounting system, in which value is assigned to various natural resources - i.e. trees kept from getting cut down, new trees being planted, waters being kept clean, sustainable solutions implemented - which are then utilized as backing assets for the currency (i.e. the Earth Dollar, in that project's case).

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wealth cannot be created nor destroyed, but merely change hands. A major reason as why monetizing nature is monetizing life and humans. The best is to get rid of money since. the flaw (quest for profits) is embedded in the premise itself. Bending Natural Law can work for a while but at the expense of everybody.

Changing hands from the rich to the poor, to a just degree, sounds perfectly reasonable (and necessary) to me.