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If it works, then why in the world are we not basing our whole economy on the finite construct of “time”? It would nearly be infallible, versus the legacy commodities model, which is full of holes and reject-able logic.A “time based economy” can be used with any nation state, group, or community based economics model. To make it simple, the value at the transaction would be time dollars in the form of a digital debit.

In the time based economy, each person enrolled, anywhere in the world would have an online account which is controlled by the debit card (not a citizenship card).

The time based economy primarily functions through the education, civics, and knowledge sector.

There is scope, in better delivery of work support, to challenge the atomisation and isolation of workers and the loss of social capital and networks of new working models. The precarity of insecure work needs to be addressed, rather than exacerbated, by the systems set up to support people through their working lives. In roles where working hours are flexible or unpredictable, the division between private and public lives can be complex. The interaction between the individual and the state needs to understand that complexity and support people to navigate through their working lives rather than leaving them without a compass or adequate map.