Vampad Economy

Role of automation
Manufacturing, mining, building and construction trades, mechanical work, maintenance and a host of other roles are dominated by robots. All of this makes for vastly improved speed, efficiency and productivity.

As culture is a human activity, arts, media, entertainment, religion, politics, are all examples of areas where people are dominant. With machines and computers becoming more widespread, they are conceived, designed, managed and maintained by people (aided by machines). The pace of science is quickening, creating a greater need for people to work in nanotechnology, biotechnology, cognitive sciences and the engineering required to apply the science. The aging population requires more doctors and health workers who will be greatly augmented by machines.

Citizen’s Basic Income
Citizen’s Basic Income or CBI is a program providing every citizen with basic income, which is paid for by the government taxing automated businesses, leasing natural resources, fines from corporations and individuals and and lower government operating costs. Basic "deductions" are made for public services such as water, food and energy - the remainder is deposited into the citizen's bank account every month.

This economic security system is designed to eliminate many of the problems following increased automation of the economy by machines. As people become unemployed by machines, the CBI offers people an independent and secure stream of income. Everyone receives an equal payment and are not subject to the whims of politics - simply the productiveness of the automated economy.

This in turn provides a tremendous level of economic stability. Since all citizens have guaranteed income, they also have guaranteed spending which has largely eliminated significant economic downturns.

CBI also increases opportunities for citizens. For example:


 * A person who wants to go to college will have the opportunity to go at any point in life. This will help people retrain for new careers, and also unlock people from life-long economic strata.
 * A person who wants to start a business, large or small, knows that the business is being started in a stable economy. The person also has income to fall back on during the critical first years when the business is working to become cashflow positive.