One of the many harsh realities of the world that we all live in today is that the “technological automation revolution”i is already here and can already replace a great many jobs traditionally held by humans. Software programs are available that can handle day trading and other intricate jobs requiring split-second timing and complex mathematical formulas. Robots are available to work as armed and unarmed security guards, to sweep and mop floors and even to cook burgers and pizzas and serve them to the customer direct.
There may very well be a day in the near future when virtually every task can be completed by a robot. Leaving all the questions of morals and ethics aside for the philosophers, it should still be relatively obvious that this may in fact, cause a major upset in the current economic and corporate models, both for the corporations and for the people. This of course, does not even begin to take into account the impact of a global economic and/or financial crash.
Despite popular opinion, the corporate entities will never be better served by the complete automation of their entire system of production and operations. If nobody at all is working, then who will be left to purchase the production?
Mind you, this is only true in the current economic model.
The economic model as established within the community developments allows not only for the complete and total automation of production and industry, but for a more equitable distribution of the wealth in order that the customer-base not only survives, but thrives and has even more purchasing power as the corporate entities expand. The concept is for the development of a systemic, cyclic rate of growth wherein the success of the corporate entity directly benefits the citizen and the success of the citizenry directly benefits the corporate entities. (See the section regarding System Breakdown for the Distribution of Wealth in this section)
If the entire world were fully automated the day after these systems as set forth herein were put in place, the layoff of each and every individual within the community development would have zero detrimental impact on their lives from a strictly economic standpoint. If the entire world were automated tomorrow, without any of the enclosed solutions being put into place, the entire financial and economic infrastructure would collapse and global chaos would ensue.
The technological automation revolution is not some future science fiction fantasy, but an inevitable reality that is already occurring in the here and now. Which future would you rather be a part of?
Some of the more casual observers have already begun comparing such a program to the recently failed efforts in Finland to provide a basic minimal income to all people, though in reality, such is not the case here and it is in all essence, the proverbial difference between apples and oranges wherein the two concepts are entirely different in nature.
However, there are subtle differences and a need to point out just what differentiates the twain. In the case of the recent efforts in Finland, it is difficult to explain it as anything more than a socialist approach to the redistribution of wealth which has historically failed in every location it has been tried … generally killing vast numbers from among the local populations in the process.
In the case of the Community Developments, the people will “own” the corporate entities in much the same fashion as shareholders own virtually any publicly traded corporation. While ICNL Standards and most local and domestic laws prevent the distribution of direct cash dividends to the recipients of aid, assistance and to the general population as a whole from a not-for-profit organization, there are no restrictions on the expansion of humanitarian programs that provide a direct and tangible benefit to the people.
In an effort to remain compliant with ICNL standards and all of the local, domestic and international laws and regulations, each of the Corporate Entities will donate, likely through a Private Hedge Fund or similar financial institution established for just such a purpose. Rather than providing a direct financial benefit to the recipients of assistance, as may appear to be the payment of dividends, these funds will be used by the private hedge fund and included in strategic investment plans, then the proceeds of this will be used to subsidize and fund existing projects and programs and also to expand operations into additional programs and projects.
Thus, as one example; wherein a hospital may be built in a community development, there will be some indication of just how much it would cost to run the hospital at full capacity and a fair estimate of the expenditures involved. As such, an account would be established within the Private Hedge Fund to allow for the operation of the hospital at maximum capacity. That money would be allotted for the operations of the hospital, and any funds not utilized on an annual basis would be reallocated for the ongoing medical research and development within as would be ongoing at the hospital facility, likely in cooperation with the educational institutions.
It is imperative to remember that these solutions are indeed complex systems, and by nature, a bit complicated by plan, design and construct. Not only will accountants be necessary for all of the corporate entities, but comptrollers (as in plural) will also be necessary for the coordination of accounting and finance, all working closely with the legal department, the settlor and/or a qualified team of lawyers to ensure the ability to remain within full compliance of all relevant laws, statutes and/or other regulatory limitations as may be present in any particular location.
However, as such, these corporate entities, despite having ample tax deductions wherein the payment of taxes would not necessarily be required, should still pay base taxes, albeit retaining limited reductions as per Generally Accepted Accounting Practices or GAAP, and donating (what is currently estimated to be) seventy percent of their net proceeds back through the Private Hedge Fund to be strategically invested and then distributed in order to pay for the basic utilities, provisions and necessities of life for those who are in voluntary association with the foundation and members of the community development.
i It is estimated that by the time a brand new computer hits the shelves and is made available for purchase, it is already some eighteen months outdated in regards to the technology involved. (Though this estimate may vary depending on which study or which corporation you listen to and believe) In short, technology is currently advancing exponentially faster than it can be brought to market. In short, the “Technological Automation Revolution” is not science fiction and not even some future era, but entering its infancy at the time of this writing. Existing technology is already available and quite capable of replacing many jobs currently held by humans. The societal and corporate structure within the Community Developments is readily adaptive and allows it to maintain an equitable distribution of wealth regardless of the new technologies and how many jobs remain available, no matter how quickly technology advances. Indeed, one of the primary focuses of the Community Developments will be the advancement of these new, often automated technologies to provide both social and economic opportunities for the extension and provision of economic and social freedom to all people equally.
Let us know what you think please!