Ayn Rand & Unconditional Basic Income

Posted by Billypot 10 years, 7 months ago to Philosophy
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I am from Belgium, heart of welfare Europe. And still I am a creative entrepreneur at the core. I felt strongly like Galt even before reading about Atlas Shrugged. I do appreciate greatly the vision of Ayn Rand but I think she is now used by selfish people as the rallying icon to promote social dominance of those who have vs those who have not.

The societal system must support innovation and allow entrepreneurs to fully benefit of the result of their enterprise, while at the same time not punish those who do not have the craving for entrepreneurship. We are all different and there is no vertical hierarchy of any sort in humanity.

There is a bright light shining when you mix Ayn Rand's vision with unconditional basic income.

We need a currency stripped of its magical power of creating money from the money owned.Earning extra money just because you own money brings no added value to our shared reality. Money itself has no value.

The currency is only good to exchange goods and services.

Each of us must have the minimum income to live correctly while entrepreneur and workers at large should earn more and benefit directly of their involvement and participation. There will always be some who participate less (or not at all). The system must equally provide for them and for the rest us by unconditionally creating a basic, equal amount tokens (currency, money) for all of us to participate in our daily life. Those who participate in the creation of goods or any activity that fits their abilities can earn more, exchange more and bring more to the world. But this does not mean that those who do or possess less are of lower value.

Humanity is creative and will thrive when money, the ultimate domination tool, is replaced by a basic income that each of us can complement with a revenue built from our creativity and entrepreneurship.

I would like to go deeper into the systemic organization of such a vision but I guess there is already lots to react to - I am looking forward to reading your comments.


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  • Posted by flanap 10 years, 7 months ago
    " there is no vertical hierarchy of any sort in humanity"

    What does this mean?
    Reply | Permalink  

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