What is Universal Economics?

What Is Universal Economics?

Universal Economics (UnEc) is a non-money alternative economics system which combines the efficiency of a market economy with a strong philosophy of social responsibility. It was first visualized in 1947 by philosopher Addison Brown, in a rudimentary form, as “Prior Choice Economics.” But the technology for implementation did not exist at that time. Now it does.

UnEc is not simply “cashless” in the sense of EFT (Electronic Funds Transfer), but is literally a new paradigm of economic activity that transcends money the way money transcended the barter economy thousands of years ago.

The basic necessities of life (i.e. food, shelter, clothing, health care, education, etc.) are easily provided to all members of society whether they are currently working or not. There is no taxation of any form, so productivity is never penalized.

A large central computer must connect and record all economic transactions. Within computer memory are three main databases: REWARD, POINTS, GOODS/SERVICES. Within the context of these three databases all economic activity is categorized and recorded. Every commodity, every product and every service already has a set value, which is a function of the structure of the REWARD list.

Citizens are motivated to produce what consumers want because they want to get more for themselves, as in any competitive market economy.

It is no exaggeration to state that Universal Economics has the potential to solve probably 90% of our economic and social problems.

View the Universal Economics video for a complete description.