Welcome to the Community Exchange System - 0 views
Time Banking Within the Natural History of Debt « Volatility - 0 views
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Time banking is a formal framework for organizing the true economy (everything devalued by the money/debt system, including what's written off as the "informal economy") along the lines of reciprocal gifting of work. It's especially versatile for the exchange of services, but can be used for goods as well with a version of the labor measure of value. Goods can be valued according to the time that goes into manufacturing them. This framework is enfolded within the concept of co-production, which is a transitional concept between capitalism and full economic democracy. Time banking as a framework and time dollars as a measure are part of this transition to such consciousness of economic community and freedom that we can dispense with formal measurement completely and restore the wholesome primal system of social credit which originally preceded money for tens of thousands of years.
Why we should all have a basic income | World Economic Forum - 0 views
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Possibly of more importance, what don’t you do
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What’s incredibly expensive is not having basic income, and what really motivates people to work is, on one hand, not taking money away from them for working, and on the other hand, not actually about money at all.
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The truth is that the costs of people having insufficient incomes are many and collectively massive. It burdens the healthcare system. It burdens the criminal justice system. It burdens the education system. It burdens would-be entrepreneurs, it burdens both productivity and consumer buying power and therefore entire economies. The total cost of all of these burdens well exceeds $1 trillion annually, and so the few hundred billion net additional cost of UBI pays for itself many times over. That’s the big-picture maths.
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Free Time? Not Likely, for Time Is Anything but Free - The New York Times - 0 views
Bristol channels money back into community | Positive News - 1 views
Finland has created a digital money system for refugees | World Economic Forum - 0 views
Time-based Money of Our Times | HuffPost - 0 views
A Call for Time-based Economics - Marijam Did - Medium - 1 views
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The only thing that still holds us equal as humans is our available time to spend in this world — money can’t really buy that. There is a day / night cycle, we all need 8 hours of sleep etc, there cannot be a dramatic contrast between how much one person engages with certain products over the next person. Surely then, our economy should be based precisely on that.
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In this model, statistics of usage would be recorded, money owed for electricity gets calculated in proportion as to what gadgets were used and therefore how much of it goes to the maker. Within certain devices there could be fractional sub-charges for the software used in them that would go straight to the developers and so on.For any individual, this allows them to find the perfect equilibrium in their working vs. leisure/care time as the more they work the less time/capital they have to spend for certain items and the other way around.
Sepp Hasslberger: Occupy Economy: The case for soft money - 1 views
Is the Stuff You Buy Over 20 Years Worth 40,000 Hours of Time? - 0 views
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