The Common Purpose Economy

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Competition

In fact it’s not a race Or winner takes all It’s about finding your niche

Good competition helps direct us to where we’re best able to contribute and helps us collaborate without even intending it.

Contribution

Fulfilment is through making our best contribution where and when we see the need.

Income

Shared Base IncomeGuaranteed Income

Universal Basic Income

A half share of all the income from trade into a base income we all receive.

Bertrand Russell -“…a certain small income, sufficient for necessaries, should be secured to all, whether they work or not…” Proposed Roads To Freedom (1918)

John Kenneth Galbraith (economist) - “…provision of a basic income as a matter of general right… If the individual cannot find (or does not seek) employment, he or she has this income on which to survive.”The Affluent Society (1958)

Martin Luther King, Jr. -“I am now convinced that the simplest approach will prove to be the most effective - the solution to poverty is to abolish it directly by a now widely discussed measure: The Guaranteed Income.” Where Do We Go From Here? (1967)

Philippe Van Parijs (Belgian political economist) -“A basic income is an income paid by a political community to all its members on an individual basis, without means test or work requirement.”Basic Income: A Simple and Powerful Idea for the 21st Century (2000)., Redesigning Distribution.

Götz Werner (German tycoon) - “…the point of an income is to enable [people] to work [contribute], rather than income being the reason for working.”Grundeinkommen (2008)

Incentive

It’s not about getting rid of the financial incentive

It’s about prioritising the incentive of fulfilment

Ideas & GrowthSome products will always be limited - products from limited resources. There will always be an income from these to share.

But other products tend towards abundance - products from unlimited resources, e.g. ideas & knowledge.

With the sharing of income unlimited products tend to become free, as we can more afford to provide them for free.

With shared income and shared ideas, growth is unlimited and shared.

Production

Limited resources are converted to unlimited product by the multiplier of unlimited ideas.

Bespoke units drop to the cost of mass produced units through flexible computer-controlled automation.

Market

The market is good at distributing goods and services (to a point)

But is poor at distributing incomes

UNDP Human Development Report 1992, New York, Oxford University Press

Pricing

Massive markets with minimal duplication & distribution costs could lead to per unit pricing that is a fraction of even the smallest unit of currency.

Money

Facilitates trade, and is a requirement for security, but does not fulfil our potential

Finance

Finance for production, not speculation

Value

Value is in fulfilment and in the level of the shared base income that enables it

For further information visit…

The Common Purpose Manifesto http://thecommonpurpose.com

OUR SYSTEM http://oursystem.info