That is along the lines of what a group/movement in europe is working on ... except that they do not suggest a base income but an unconditional supply of all goods that are already being produced in abundance. You would get extra money/bonuses for working on making more things abundant or doing not so pleasant jobs.

I am glad that at least some people in the AGI/H+/Singularity community are thinking about the implementation of cooperative frameworks. This will be extremely important as technologies become more potent and thus existential risks increase. I also made a living trading stocks and futures beside doing the usual software engineering thingy but I deeply believe that this age of separation, competition and personal profits needs to come to an end very soon. We are already forcing a hand full of countries like Greece and Portugal into medieval conditions for absolutely no reason other than some abstract model that no longer holds valid and I don't think that this constitutes a good foundation for a positive singularity or that this is the best we can do as a species.


On 01/08/2013 09:51 PM, Aaron Hosford wrote:
All this talk about a cooperative socioeconomic framework, and yet I get no reaction when I suggest universal cooperatives as a solution. If we were to embrace the cooperative business model, but take it to it's logical conclusion (where everyone owns a share), the profits would be split equally among us all, giving each and every person an equal base income, and therefore an equal share in the excess production of the economy, without significantly modifying the core economic concepts we are already all familiar with (money, corporations, jobs, etc.). Employees would get an income on top of this base amount, in order to motivate them to do the additional work that others aren't doing, but each time a job is eliminated due to automation or other efficiency gains, the wages that are eliminated go into everyone's pockets instead of the select few.


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