#1: For You:
Do you love your job? Do you feel like your work is making the world a better place? If you do, congratulations! You are one of the few people who do. The truth is that if they didn’t have to worry about money, most people would quit their job tomorrow and do something they do love. The amount of lost human potential in this economy is mind-boggling to think about with the vast majority of human beings forced to compete for menial jobs for subsistence wages simply to survive, while a small minority of people enjoy fulfilling lives doing things they love and enjoying the fruits of that joyful activity. Capitalism turns people and Nature into commodities used to perpetuate the system, while in the process stripping people of their dignity and Nature of her resources. What amazing thing would you do if you no longer had to work to simply survive?
#2: For Your Children:
For the first time in modern times, most parents believe that their children’s lives will be bleaker than their own. Even for those lucky enough to graduate from the universities that enable access to the “good life”, most will be saddled with so much debt they will be forced to do more work in service to an exploitative economy the majority of these young people care little about. Meanwhile, rising inequality and militarism is making the world even less secure. The natural world may not fare much better: by the time our kids have their grandchildren, what natural legacy will we have left them? In our hearts, if we are truly honest with ourselves, we know the current economy is destroying us, but we simply didn’t have an attractive alternative, until now.
#3: For Your Planet:
Earth. Our one and only home. The planet that has given everything we need to survive and then some, all without charge, can continue to do so, but not if we continue using systems based on infinite, runaway growth. Today, the collective goal of all human economic activity is economic growth, measured in the form of GDP, or the sum total of all goods and services exchanged for money over a certain time period. The assumption is that the greater this number gets, the more human well-being is created. There are countless studies proving this assumption is false, yet we have no way of slowing down our growth engine. If we stop growing the economy, we have economic recession and depression. If we keep growing the economy indefinitely, then we will commit ecocide, having converted the entire planet into a gigantic pile of money. We can and must do better. With Copiosis, now we can.
Wait, why do we need a new economic system? Can’t we just fix capitalism? Well, essentially, that is what Copiosis does. By making a few small tweaks to our present form of capitalism, we can ensure that all basic needs are met, everyone has the freedom to discover and pursue their passion in life, and everyone is rewarded for their positive contributions to society. How?
The main tweak is this. Instead of allowing capital to flow to activities that are definitely making people and the planet worse off – things like hydraulic fracking, mountaintop removal, and war – Copiosis provides a built-in mechanism to ensure that capital only flows to activities that make people and the planet better off.
Copiosis accomplishes this goal by replacing money with a completely virtual form of currency called net benefit reward or NBR. NBR functions like money in that you can redeem it for luxury goods. But unlike money, NBR is only redeemable, not transferrable. You and only you can redeem your NBR. When you redeem your NBR, it will cease to exist. Similarly, when you are awarded NBR, it isn’t transferred from someone else’s account. It is simply created from nothing in your account.
NBR is society’s way of rewarding people who create a net benefit for people and the planet. While the algorithm is a bit more complex than this, it can be simplified as follows for any given activity:
Only activities that produce a positive net benefit are rewarded. In this way, people are incentivized to freely provide basic necessities to everyone (food, shelter, education, and health care), as doing so creates an obvious net benefit. Anyone who engages in these activities are rewarded NBR, which represents society’s gratitude for doing those actions.
To facilitate the functions of Copiosis, a new Payer organization is created. This organization is open to anyone who wants to be a part of it. While a mathematical algorithm is used to determine how much net benefit a particular activity has produced, members of each local Payer organization may adjust each factor based on the priorities and desires of each local community. In Copiosis, human beings at the local level retain ultimate control over what constitutes a net benefit.
Are you intrigued? Click here to learn more details about how Copiosis works.