Georgism revisisted

Big L walked into work, head buried in his phone. George sat on his stool stooped over the counter. They worked at a small authentic bait shop and boat repair that George’s father passed down to him. Big L wore a scowl, George knew this was going to be the start of another argument based off of Big L’s principles and his news feed that fed him rage every Wednesday. Turns out Mike switched the tuning settings so that every Wednesday Big L would be fed anger inducing content and stories. Personal control of the algorithm’s recommendations was part of an EU law and just like every digital EU law it meant it was practically American as well.

Big L “I thought this was the land of the free.” said as he put his phone away. 

“Freest land we got.” George switched the toothpick he was smoking from one side to the other.

“Then how come the government can come round and steal a man’s land right from under him.”

“They can’t legally, you know, he has to be paid.”

“Here, let me take the shirt off your back and toss you a dollar. Still a theft.”

“Alright, what news has got you this riled up today L ?”

Big L sent the link to George who read over the article, and a few commenter blogs. While Big L clocked and made his first round, checking on last night’s deliveries. “Ah, I see. You’ve mistaken the land of the free for a land with free rent.”

“Huh, Look at the guy in the article. Ted, he owns that house and he doesn’t want to sell. He shouldn’t be forced to do something he doesn’t want to do.” 

“In an ideal world, yeah he wouldn’t be forced to do anything. But Ted here isn’t being forced off his land, he is refusing to sell for 300% above market rate and trying to get people to donate to pay off his new tax bill.”

“I read that article and it didn’t say anything about him refusing to sell.”

“Didn’t they teach civics in school?”

“Yeah, after we memorized the 65 states and what the vice-president’s star signs were.”

“The article doesn’t need to say that Teddy here is refusing to sell his land to a buyer because that’s the only way that the Government can take his land. Whenever a buyer wants land someone else has they have to pay that person and pay the local government taxes for a period of years. Let’s say I find out my neighbor has a diamond mine under their property and I have the money to hire crews to come and mine it but my neighbor doesn’t want to sell it to me. I’d go down to city hall to see what if any taxes they are paying on that property and make both them and the city an offer. If I can convince the mayor or his tax collector that I can pay more in taxes and I’ll buy the land from my neighbor, then the government will go to my neighbor and let them know look George here would like your land and is offering you this much money and he is willing to pay us this much in taxes. My neighbor could go, alright I’ll pay that much in taxes and tell George to fuck off. That’s roughly the way the system works. Teddy here could buy a yacht with how much money he is turning down.”

“You think there is a diamond mine under Ted’s house?”

“I think you don’t just offer someone three times the value of their house for no good reason. And you don’t turn it down. Remember when you offered me a buck for my shirt, Well I bet if I offered you a 100 you’d walk around in just your overalls and boots for the day.”

“Fair point. Something bugs me about this. Like you can’t actually own your own home. What about property rights?”

“Property rights are a fancy way of saying, government backed ownership. If the government wanted all the land and to take your rights, you got two options: get rid of the government or give up what the government wanted.”

“So I could buy out this store and shop from you, and the government would kick you out?”

“Not with what I pay you. But if you win the powerball, sure.”

“You’d be happy about that?”

“I’d have a lot more money, probably consider it a wash. Maybe I’ll retire.”

Design document for a Fraternal Order of UBI

UBI

Purpose:

In order to show that a Fiat backed currency can be desired and establish an INFLATION based UBI.

Thesis:

There is one thing that money can’t buy and that is honor and status.

In order to establish the idea that a pure voluntary fiat is capable of existing for longer than a session of the board game monopoly, It is my recommendation that Socialite Clubs establish themselves around this central premise. In this document you should find a rough outline for the structure and order of such a society, as well as answers to some problems and solutions that may be encountered.

There are only Two mandatory positions of power that must exist. That is the office of President and Treasurer. It is recommended that a clubs start with no less than 5 members.

The Club should form around any number of shared and voluntary interests. It is preferred that they do not associate upon the promise of mutual aid as by mutual aids very nature there will be those in want incapable or lacking talent for self governance seeking membership.

Examples of activities a club may form around,

Sports leagues from fantasy football -> sponsoring/playing of pickleball.

Enthusiast hobbies: Board Games, Video Games, Book Club, Motorcycles.

Etc.

Whatever the Club forms around should be oriented as a leisure activity and of affordable expense for all potential members. This means that unless Polo and Skiing become activities of the masses, it is recommended that cost be considered.

After a club has formed, Elected it’s First President and appointed it’s First Treasurer, It may begin collecting dues and issuing it’s own club fiat currency. Numbers listed here are examples and should be changed as the club sees prudent, documented appropriately and publicly.

Example Club:

Hell’s Readers is a bi-weekly book club.

They have the additional requirement of attendance as part of their “in good standing” clause. Members are allowed to miss 2 meetings per quarter and remain “in good standing”. More than 4 missed meetings or a total of 12 in a two year period will automatically remove an offender from club membership.

Club dues: $5 a month

Club UBI: 5-HR Bucks a week to All Dues Paying Members

The only official use of HR Bucks is for bids on the clubs next read.

They have decided on a silent bidding system to determine which book will be read next. Where only the lowest and the winning bids are taken from members. In the event of a tie for the winner, bidding will be suspended until both or all books have been covered. It is the Presidents job to count bids and keep in confidence the identity of the bidders. Failure to keep information in confidence, is grounds for special election to remove the President.

The HR bucks collected from the lowest and highest bidder, will be destroyed and their serial numbers retired.

This has been an example of what works best as a small club. If the club grew beyond what would be a reasonable size for a bi-weekly book club, It should in good order start founding additional chapters. For example, when the Club grows beyond 20 members before reaching 30 members additional chapters should be considered. Creating 2 new chapters with at least 10 members, a Chapter President and a Chapter Treasurer. The HR bucks must remain consistent and interchangeable between both chapters.

How could a club incentivize it’s members trade HR Bucks amongst themselves in lue of $

While I think that so long as the clubs membership remains dedicated to fellowship and their shared passion of reading this system works just fine. However if you wish to put a higher demand on HR Bucks, then additional services from the club could be offered. Personally I recommend that a club engage in an annual or semi-annual activity of high social value. For this book club I would recommend that they seek to hold a public reading and Q&A with authors that are selected through the Club’s bidding process. Additionally regardless of the Club a Cash burning ceremony is always a good idea, where the person who pays the most HR Bucks gets to be the Grand Poo-Hah or Great Queen of Letters, or whatever title the Club finds appropriate. Being treated like Royalty for a day is a worthy reward for removing inflation based currency from the system.

Why should their be Additional incentives to spend a Club’s UBI?

By creating additional incentives, you’ve created additional demand for a Club’s Currency. Honestly I see much of this demand being filled by friendly games of poker or skill, between club members. For it gives them something of value to wager, without affecting a members financial pride. But It could result in trades of services and favors, backed by one persons Club Bucks.

“Hey Steve, you are really good at finding the best trip packages and I’d like to surprise my wife for her birthday. Can you help?”

“Just give me 50 HR bucks and I’ll get you the links, Jody. For 80HR plus cost, I’ll book it for you.”

In the above transaction Steve would have likely done it for free, had he not had a strong desire for HR Bucks. Doing it this way does not create a favor debt owed by Jody and removes much stigma from the interaction.

Why should we trade favors when we can trade a social currency?