The problem with effectively transforming an economic system was best expressed by the preeminent economist John Maynard Keynes when he wrote, “The difficulty lies not so much in developing new ideas as in escaping from old ones.”

As described in this blog’s opening paper written for the Degrowth and ISEE 2021 online conference, a guaranteed income for each person on planet will not be the only income for the vast majority of adults.

What follows is a number of other ways a guaranteed income will benefit society.
Those at the beginning of their adult lives can afford to work as an intern for a business, trade or arts and crafts operation. Because people have a guaranteed income, they can essentially work for free for others at the beginning of their careers.

The opening paper of this blog began with the assertion that a steady state economy is not a nanny state, socialism, communism, or any other type of ism. It’s a style of human economic structure whose aim is to stop humanity from outstripping the world’s natural resources by overpopulating so humans, along with the natural world, can coexist in perpetuity.