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I don't know if an economic system could be based on those values, but for what its worth I have developed an alternative monetary paradigm that would transform the outcomes for society of the existing economy. The heart of it is a "democratically distributed income" that would be the supply of money (as currency) for the economy. It can be thought of as a kind of permanent 'quantitative easing' for 'the people', but with built-in protections against inflation. Society would provide a guaranteed minimum income for which any (adult) citizen could become eligible that would actually provide a decent material existence. (The linked article is here in Medium, but not behind the paywall.)

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Stephen Yearwood
Stephen Yearwood

Written by Stephen Yearwood

M.A. in political economy (money/distributive justice) "Please don't confront me with my failures/ I'm aware of them" from "These Days," as sung by Gregg Allman

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