Stephen Yearwood
2 min readJul 23, 2022

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I went to the link ("drastic and collective action") but did not see there a specific proposal for collective action to address the problem of global warming. (It apparently was the home page of Axios.)

One proposal that has been around for decades is to use demographics to govern total output. As things stand--have stood since WWII--the biggest single driver of environmental degradation of all kinds has been the political imperative in every nation to maximize total output, in order to maximize employment, total income, and the collection of taxes. If output were to be based on demographics, then environmental sustainability would be reduced to one variable: population. Till now, however, no one has come up with a way of accomplishing that goal without either turning from the existing economic system or crashing it.

I have. This is not something I came up with this morning. It is a fully developed idea. It could be adopted by any nation, with a single legislative Act.

It would not change the institutional structure of the existing economy or the way it functions--except that it would become fully self-regulating.

The key is a "democratically distributed income" (to which I also refer, in various places as the "allotted income" or the "standard income"). The money for that income would be created as needed: taxes would not be involved in any way. (In fact, as an option, this proposal could include funding all government, from central to local, without taxes or public debt.) It can be thought of as a kind of permanent 'quantitative easing', but with built-in protections against inflation.

That income could be a guaranteed minimum income (based on the current median income), or it could be the income for everyone employed in any business or government (in which case it might be set a bit higher, like the average income). Either way, demographics would govern, passively but effectively, total output, and there would be no unemployment or poverty at any level of total output. I do think the environmental situation we are in at this point calls for the latter.

This idea needs advocates.

All linked articles are here in Medium, but none are 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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