A resource-based economy can tackle a lot of the social and economic challenges we have today. We can transition or become closer to this model by adjusting the welfare state to include a universal basic needs program, ecological controls, and collective ownership, which would automatically, and gradually change the default economic model.
Universal Basic Needs Program
A universal basic needs program must ensure that everyone has access to necessities such as food, water, healthcare, education, transportation, electricity, communication, and housing. By doing so, we make can reduce poverty levels and the importance of capital.
Ecological Controls
Ecological controls are important for reducing the negative impacts of resource exploitation, climate change, and the UBN itself. This involves developing policies that promote renewable energy, sustainable agriculture, and responsible consumption, ultimately leading to a healthier planet.
Collective Ownership
By moving to community-oriented ownership models, we can manage resources in a way that prioritizes public welfare over profit. This shift requires collaboration among various political ideologies, particularly socialists and social democrats, to create a strategy that serves all citizens.
Conclusion
Modifying the welfare state to support a transition to a resource-based economy can be a promising path toward social equity and environmental sustainability. By establishing a universal basic needs program, integrating ecological controls, and promoting collective ownership, we can gradually diminish the influence of capital, and become closer to a classless, moneyless, ecological and equitable society.