{Financing a C[ircles] A[nalysis &] S[ynthesis] Utopia (1) [continued (7)]}[21st March 1990]

[Redbook7:95][19900321:1016g]{Financing a C[ircles] A[nalysis &] S[ynthesis] Utopia (1) [continued (7)]}[21st March 1990]

19900321.1016

[continued]

I no longer have up-to-date figures for current G[ross] N[ational] P[roduct] and spending,* but whatever the health and education budgets are, I would expect them to be increased by a significant but not huge proportion (eg 10-20%) – the figures for these can be ignored in the estimates above.**

The real point is to find housing, food, energy and clothing (£75bn) out of current budgets for housing (now rather small I believe), social security,*** (most of) defence,**** perhaps farm subsidies etc (one way or another), and perhaps a future reduction in the necessity for social services and police spending (and of course old persons’ homes and other similar institutions’ building costs would be included under housing costs).

There should also be a considerable reduction in the costs of administering those disbursements which are at present means-tested, or circumstance-dependent, such as the majority of state benefits – as everyone will get them.#

*{See [[Redbook7:98-101][19900323:1500]{Financing a C[ircles] A[nalysis &] S[ynthesis] Utopia (2]}[21st March 1990],] p99 for correct figures}

[Fn repeated in ts only, from last previous journal entry]

**[(– see last previous entry) – presumably because they are already payable out of central revenues]

***including old age pensions, presumably – although O[ld] A[ge] P[ensioners] might be expected to receive a premium in recognition of a lifetime’s work, etc..

****[Presumably, dependent on a new World order rendering major defence expenditure unnecessary; & see [Redbook7:99][19900323:2330]{Financing a C[ircles] A[nalysis &] S[ynthesis] Utopia (2) [continued]}[23rd March 1990], fn=****]

#[ie in a different form, within the proposed system as outlined above. The writer’s views on such matters have changed significantly more than once during the time- span covered by this journal. In an earlier volume [ref []] he observed that his political stance tended to reflect his personal circumstances. He is, at the time of writing this note, still a believer in a universal basic income, as has been the case since the 1970s, not least because of the likely effect of the increase in artificial-intelligence-powered robotics on employment, and the perceived impossibility of continuing to find new employment for the working-age population while at the same time reducing Humankind’s impact on the biosphere and the climate.]

[continues]

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