Stephen Yearwood
1 min readDec 20, 2019

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Thank you for that optimistic analysis.

Actually, I have developed a monetary paradigm that would make the existing economy self-regulating while providing the means to eliminate unemployment (at no cost to anyone), poverty (without having to redistribute anything), taxes (of all kinds), and public debt (at all levels of government, central to local) and increasing sustainability (even without more regulations or any changes in behavior). If it matters, I do have an M.A. in economics.

That does not in any way ‘punish’ the rich, but it does provide a path for further economic evolution. The “democratically distributed income” (DDI) that is the basis of that paradigm could be extended to eliminate exploitation. Everyone employed in any business or government would be paid the DDI. For incentives, different positions could provide different packages of (in-kind) benefits that people would enjoy while employed in that position, but which would not add to that person’s monetary remuneration or wealth.

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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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