Now that we have the single elements together,
it is easy to assemble everything into one whole. The single components have
been described in detail. The next chapter is entirely devoted to the
beneficial effects. That is why a brief summary follows at this point.
Let’s begin with the most important decision
criterion of the Natural Economy of Life, by which we measure all our thinking,
talking and acting – the threefold good.
The threefold good
- The good of every single participant - win-win.
- The good of the community – family, community, country, humanity…
- The good of the big scheme of things – nature, environment, mother earth, universe…
The natural law of growth
and decay
The threefold good is, so to speak, the ethical
foundation of our monetary and economic model. For it to work we have to
develop it in harmony with natural laws. The most important law for us is the
cycle of life, the cycle of growth and decay. It is integrated into our model
in the form of creation of money and perishability.
The threefold creation of
money
The threefold creation of money is derived from
the threefold good.
The community, represented by the government,
creates three amounts of 1,000 gradidos for each citizen every month to be used
for the following purposes:
- Basic income, either unconditional or active,
- Government income, including health and social services,
- Equalisation and Environment Fund (EEF) to protect and decontaminate the environment.
Basic income
The model supports the two options of an
unconditional basic income, which is paid out »just like that«, or an active
basic income.
The active basic income follows from unconditional
participation in the community: everybody has the right to work for the
community for up to 50 hours a month in accordance with their inclinations and
skills. The community remunerates this work with 20 gradidos an hour up to a
maximum of 1,000 gradidos monthly. Because of the manifold beneficial effects
of unconditional participation, we prefer the active basic income, particularly
as the money thus created is covered by services and full employment is
automatically achieved.
Government income
The second amount of 1,000 gradidos is
sufficient for a generous national budget, including health and social
services, on the scale which currently exists in the Federal Republic of
Germany. Taxes, social insurances or similar levies are therefore not required:
gross and net income are the same. A huge reduction of bureaucracy is possible.
Illegal work no longer exists by definition.
Equalisation and
Environment Fund (EEF)
The third amount of 1,000 gradidos constitutes
an additional fund of the same amount as the national budget. The Equalisation
and Environment Fund serves to eliminate economic and ecological contamination,
primarily to remedy as far as humanly possible the disastrous environmental
damage humans have caused over more than the last hundred years. It is the
largest environmental fund in the history of humanity. Protection and
decontamination of the environment will become the most lucrative sectors of
the economy.
Self-regulating system
stabilises the money supply
The cycle of growth and decay is already
integrated into the gradido. The threefold creation of money is subject to
decay of 50% a year. Only 50 gradidos still remain from 100 after one year.
After the pattern of nature the gradido is thus a self-regulating system, which
keeps the money supply per person constant. The money supply cannot be
manipulated.
Creation of money without
debt
The creation of money follows the pattern of
nature without debts having to be incurred. The gradido only provides for credit
balances. Loans are still possible. They are agreements between lender and
borrower. As only existing money may be lent, the money supply is not altered
by loans. Although interest is not forbidden, it has no chance on the market.
Common
good currency
As you
see, each part of the money created is spent on a contribution to the
community. The gradido is thus a currency for the common good. The call for an
economy of the common good is getting louder and louder. Besides the gradido,
there are already several projects in this direction but so far they have not
considered the monetary system. While reading this book it should have become
clear to you, dear reader, that an economy of the common good cannot work in
the old monetary system. With the gradido every sector of the economy will
become an economy of the common good all by itself.
Understanding it is
child’s play
The entire model is described in essence in
this summary. It is so simple that even children can easily understand it with
an appropriate explanation. The Natural Economy of Life has many life-saving
benefits over the old monetary and economic systems although these may not be
recognised at first glance. In the next chapter you will therefore learn the
100 most important advantages of the Natural Economy of Life. Let yourself be
inspired!
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