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Showing posts with the label social security

Apps can solve the basic social security problem

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Designed by Nidhi Mishra The public distribution system is inefficient in terms of production, distribution, and consumption of goods and services and lacks inclusiveness. You can view the fallouts of PDS: https://en.wikipedia.org/wiki/Public_distribution_system Apps can solve the basic social security problem, bring healthy habits of spending money and can be used to run experiments, test it and improve it to get the best results. Features: 1) API endpoints that any app developer can use and integrate it with their e-commerce apps.  Separate types of account for seller and customer. 2) Statistics about how you spending money. General statistics should be publicly available, where experts can review, critic and improve the results. 3) Tagged money, which means you can buy only particular types of products with that money. e.g. Tagged money for grocery, or tagged money for cooked food, or tagged money for education which gets transferred to the seller in untagge...

Universal Basic Income and Education: A beginning to a continued resilient human ecosystem

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Universal Basic Income is a welfare regime in which all citizens (or permanent residents) of a country receive a regular, liveable and unconditional sum of money, from the government. The central claim that UBI tries to solve is the end of poverty and financial insecurity by the indsicriminatory supply of free money which can be exchanged to buy your basic need requirements. But the problem lies with execution and design that nullify the damaging possibilities speculated by the critics. Speculation: It disincentivizes people to work, so can create an adverse condition for wealth creation. A proposed elaborative solution: Morally, the basic required need for survival such as food, clothing, shelter are not incentives. Its a fundamental right of the people. But biologically, these are the incentives to pacify our hunger or appetite. Food, clothing, shelter are basic needs for survival, but we need lot more for thriving. One of the essentials to thrive is education that nouris...