About this ebook
We are concerned about too many human workers being replaced by machines. We should be. The harm we face goes far beyond the trauma faced by individuals who have lost their jobs to machines over past centuries. We are moving deeper into a condition of "Who do these corporations think is going to buy their stuff after they lay us all off?". Our e
Don Soards
Don Soards gives an engineer's view of why new technology requires funding consumers.
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START-UP Universal Basic Income - Don Soards
START-UP: Universal Basic Income
Copyright © 2025 Don Soards
First printing edition 2023
ISBN (Paperback): 978-1-965687-64-2
ISBN (eBook): 978-1-965687-65-9
All rights reserved. No part of this book may be used or reproduced by any means, graphic, electronic, or mechanical, including photocopying, recording, taping or by information storage and retrieval system without the written permission of the author except in the case of brief quotations embodied in critical articles and reviews.
Because of the dynamic nature of the Internet, any web addresses or links contained in this book may have changed since publication and may no longer be valid. The views expressed in the work are solely those of the author and do not necessarily reflect the views of the publisher, and the publisher hereby disclaims any responsibility for them.
Printed in the United States of America.
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Contents
INTRODUCTION
Section 1
What is the Production Parabola?
Section 2
Which Side of the Production Parabola are we on?
Section 3
What is our opportunity?
Section 4
Legislation
Section 5
Implementation Guidelines
Section 6
Universal Basic Income We can’t get UBI without Progress Dollars
Final Observations
Introduction
We are concerned about too many human workers being replaced by machines. We should be. The harm we face goes far beyond the trauma faced by individuals who have lost their jobs to machines over past centuries. We are moving deeper into a condition of Who do these corporations think is going to buy their stuff after they lay us all off?
. Our economy is getting smaller.
Fortunately, there is a way forward that will help all individuals and our society as a whole. First, we must understand the production parabola and its opportunities.
Section 1 What is the Production Parabola?
Section 2 What side of the Production Parabola are we on?
Section 3 What are our Opportunities?
Section 4 Legislation to implement UBI Progress Dollars
Section 5 Implementation Guidelines
Section 6 Universal Basic Income We can’t get it without Progress Dollars
Implementing Progress Dollars will give us the maximum Universal Basic Income currently. UBI will rise with technological progress. This will be accomplished without significant inflation or raising any citizen’s taxes.
Section 1
What is the Production Parabola?
My Dad told me that things seldom stay the same. They are either getting better and better or worse and worse. From 1800 to 2000, the American middle-class economy was getting better and better. Since 2000 it has gotten worse and worse. This concept can be described as a parabola with a relatively flat top (1980 to 2020) during the period middle-class buying power was stagnant and our numbers dropping. We are now declining rapidly. There are