"... and it leads to mediocrity by furthering the emergence of a “mass culture” where the lowest tastes are catered for. Furthermore, it is contrary to human nature with its rich diversity. Why make equal that what was not equal in the first place?"The above quote was made in relation to the promotion of Equality within society. Within the implementation of a Living Income Guaranteed, we are promoting Equality within placing everyone in a position where one can participate in Life, economically, politically, socially and culturally.
By giving those who are unable or have yet to establish a stable income stream for themselves, a living income – we ensure that everyone is equipped to participate in society. This places everyone on a more ‘equal footing’, as everyone is able to take care of one’s basic needs and contribute to society.
By implementing a living income guaranteed, we will have a more accurate market system. As more demands are being validated through a living income providing everyone with money to ‘back up’ their demands – our demand curves will more accurately show and reflect the populations demand, consequently allowing supply to adjust to the actual demand levels of the consumers (as everyone is now being recognized as a consumer) and catering for that which is actually wanted by society. Previously (or currently), only those demands were recognized which were backed up by one’s purchasing power. This means that there’s an exclusive catering mechanism taking place for those who have money, by those who want even more money. From this, a mass culture emerged in terms of the arts like in the Music Industry, where mainstream music is all about what ‘most of the people who have money’ want to hear – where only the taste of money is being catered for as that which will be ‘most profitable’ – leading to Music Industry ignoring lots of areas of Music to explore as there is ‘no money in it’, which leaves us with a bland, monotonous, mediocre mainstream music industry. By extending economic participation to everyone, more people are able to ‘place their votes’ as their demands of what it is they want / would like to receive – and thus the music industry will receive a larger variety of signals of types of music to be explored and developed.
For more on the Music Industry and Living Income, read the following blog:Living Income and the Music Industry
Promoting equality such as equality in economic participation, does not lead to mediocrity and ‘mass culture’ – that, we already have and is the result of a profit based system, a system of discrimination. By implementing a Living Income Guaranteed, everyone is able to signal their demands to the market effectively. Only when we have a Living Income can our “human nature with its rich diversity” be captured and reflected in our society and economy and can we truly enjoy the variety and creativity that the Human has to offer.
Stand for a Living Income Guaranteed, Stand for a Better and more Effective Market System!
