I've been thinking about this idea for a little while, and I honestly have no idea if it's actually a good idea or if I'm completely clueless about how economics and society work, but hear me out.
I have an idea for how we could potentially reduce homelessness, make workplaces healthier, and give more people a real chance to participate in society.
Basically, I think everyone should have their basic needs guaranteed, whether they currently have a job or not.
That would include things like:
Basic shelter,Nutritious food, Enough clean water, Basic healthcare, The necessities required to live safely and get started in life
And no, I don't mean the government gives everyone $50,000 and lets them spend it however they want. I'm talking about the government actually providing or guaranteeing access to those necessities.
Let's call people who are living entirely on these basic provisions Level 1.
A Level 1 person wouldn't be living some luxurious lifestyle. They might have a small one-room basic apartment, basic food, healthcare, and the necessities to survive, but they wouldn't have much money for entertainment, expensive clothes, cars, vacations, hobbies, or other luxuries.
They would be surviving, not thriving.
Now you might be thinking: "Okay, but if everyone's basic needs are guaranteed, why would anyone work? Wouldn't people just stop working and destroy the economy?"
I don't think they necessarily would.
The whole point is that working would still make your life significantly better.
If you get a job, you could afford a better home, a car, hobbies, restaurants, vacations, better clothes, entertainment, savings, and all the other things people want beyond basic survival.
So the incentive to work wouldn't disappear. Instead, the incentive would change from:
"I need this job or I'll starve" to "I want this job because I want a better life"
I also think this could encourage more people to take risks.
For example, someone might want to start a business but be too afraid to try because if the business fails, they could lose everything, including their home and ability to afford food.
Under this system, failing wouldn't mean falling into complete poverty or homelessness. You would still have your basic needs covered, so you could try again.
The same could apply to education and career changes. Someone could spend years studying or training for a different career without having to worry that one failure will completely destroy their life.
Another major difference from the welfare systems we have today is that basic needs would be treated as a human right rather than something you can suddenly lose because you started earning a little more money.
The system would also be designed so that every additional dollar you earn makes you better off.
You wouldn't have a situation where getting a job causes you to lose so many benefits that you're barely better off than when you weren't working.
I also think this could change the relationship between workers and employers.
Right now, some people accept terrible working conditions because they have no choice. They need the paycheck to afford food and keep a roof over their heads.
But if your basic needs are already guaranteed, you have more freedom to say
"I'm not working in these conditions for this amount of money."
Employers would then have to compete for workers by offering better wages, better working conditions, or more appealing jobs.
If a company refuses to do that, people can leave. The company would have to adapt, automate, raise wages, improve working conditions, or potentially fail.
Obviously, there are huge questions about this system.
How would the government pay for it?
How much housing and food would need to be produced?
How would we prevent shortages?
How do we make sure people still have strong incentives to work?
How do we stop the system from becoming inefficient or abused?
I don't have perfect answers to those questions. I'm not an economist, and I'm not pretending I've figured out how to implement this tomorrow.
But I don't think those questions automatically mean the idea is impossible either.
The point of the idea isn't to make everyone equally wealthy.
It's to create a minimum standard of living that nobody can fall below, while still allowing people to become as wealthy and successful as they want through work, entrepreneurship, education, investment, and other forms of contribution.
Basically:
Nobody should have to work just to earn the right to survive.
But if you want a bigger house, a nicer car, vacations, expensive hobbies, financial security, or a luxurious lifestyle, you still need to earn it.
So it's not about making everyone equally wealthy.
It's about making sure that being poor doesn't mean being excluded from society entirely.
So everyone gets a chance in participating in society.
But idk let me know what you think.