Wednesday, August 27, 2014

HeliDropCash and Happiness

HeliDropCash and Happiness


Andre Willers
27 Aug 2014
“If I were a rich man…”   Fiddler on the Roof .
Synopsis:
How rich must a society be to give every citizen a full life ? For USA an annual income per person of $30 766 will do it . So it can be done .

Discussion :
0.Dish out cash to the consumer directly .
 
1.We use Optimal Reserves (1/3) as developed in Infinite Probes and Maslow Hierarchies to determine reserves .
This is compared to some actual figures for the US (see Appendix B)
See Appendix A and Appendix B

 
2.There is always a surplus of about 13% !
This means that there is continual upward pressure to move up classes .
The surplus pops up as charity , benevolence , subsidies , etc .
 
3. A fraction of society can choose to forebear further development and use the saved resources for upliftment of less fortunate .
There is no optimal for this .
Use method in Appendix A to determine ad hoc ratios .
 
4. From the US data , the system seems under some stress . The various higher classes are not fully populated . .
The poverty level is $11 670pa .
From Appendix A , the Ratio = (1-0.13)/(0.33)
                                              = 2.6363
US$11 670 pa translates into $30 766 for full realization of Maslow Hierarchies .
USA GDP per capita (2014) = $52 804.66
Taxes :

Total tax percentage potentially paid by the well above average US citizen, 2005 - 53.2% *
Total tax percentage potentially paid by the well above average US citizen, 2013 est. - 58.5% *

The US can fully afford HeliDropCash if their existing resources are sensibly applied .
 
5.Globally :
$1.25 per day . Ratio up by 2.6363 gives $3.2953 per day  , or $1202.81 per annum .
For 7 Billion people this gives about $8.419 Trillion .
World GDP 2013 about $74.899 trillion .
About 11% of Global GDP can buy happiness for everybody .
 
6. The Future :
Most societies are already rich enough to enable happy lives for all their citizens .
Yet huge discrepancies lead to enormous pressures building up .
Revolutions are becoming a dime a dozen .
 
Crank up that old phonograph and dance the RPM’s away .
Don’t spend a penny . Spend 2.6363 pennies !
Happiness version 2.6363
Andre
 
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Appendix A
Calculation of expected Class spread as per Maslow hierarchy .
HeliDropCash
Andre Willers
27-Aug-14
Estimate of Reserves needed for a Society to give everything free to any member .
We use Infinite Probes and Maslow Hierarchy to get an estimate .
Maslow
Description
Cost of
Cumulative
Remainder
Class USA
Actual %
+ Adj =
Cost of
Interpretation
Level
Reserve
Cost
2004
Reserve
100
Lower only gets 85% of optimal reserves ~(2-(51-13)/33)
0
Body
33
33
67
Lower
25
8
33
34-8=26 swells Lower to 25+26=51
1
Safety
22
56
44
Working
30
-8
22
26+8=34 drop to Lower
2
Social
15
70
30
Middle
30
-15
15
11+15 =26 drop to Working
3
Esteem
10
80
20
Rich
15
-5
10
6+5=11 drop to middle
4
Self-Actualization
7
87
13
SuperRich
1
6
7
6 drop to Rich : exclusion
This last is
a Surplus
See Interpretation
Formulae:
Cost of Reserve
2^m/(3^(m+1) )
Sum of Costs
(  3^(m+1) - 2^(m+1) ) / (3^(m+1) )
Sum to infinity = 1
Remainder
(2/3)^m
where m=Maslow level as above .
The 1/3 factor is from the argument in Infinite Probes on optimal reserves .


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Appendix B

The following are reported income-, education-, and occupation-based terms for specific classes commonly used by sociologists.
Academic Class Models

William Thompson & Joseph Hickey, 2005

Class
Typical characteristics
Class
Typical characteristics
Class
Typical characteristics

Capitalist class (1%)
Top-level executives, high-rung politicians, heirs. Ivy League education common.
Upper class (1%)
Top-level executives, celebrities, heirs; income of $500,000+ common. Ivy league education common.
The super-rich (0.9%)
Multi-millionaires whose incomes commonly exceed $350,000; includes celebrities and powerful executives/politicians. Ivy League education common.

Upper middle class[1](15%)
Highly-educated (often with graduate degrees), most commonly salaried, professionals and middle management with large work autonomy.
Upper middle class[1](15%)
Highly-educated (often with graduate degrees) professionals & managers with household incomes varying from the high 5-figure range to commonly above $100,000.
The Rich (5%)
Households with net worth of $1 million or more; largely in the form of home equity. Generally have college degrees.

Middle class (plurality/
majority?; ca. 46%)
College-educated workers with considerably higher-than-average incomes and compensation; a man making $57,000 and a woman making $40,000 may be typical.
Lower middle class (30%)
Semi-professionals and craftsmen with a roughly average standard of living. Most have some college education and are white-collar.
Lower middle class (32%)
Semi-professionals and craftsmen with some work autonomy; household incomes commonly range from $35,000 to $75,000. Typically, some college education.

Working class (30%)
Clerical and most blue-collar workers whose work is highly routinized. Standard of living varies depending on number of income earners, but is commonly just adequate. High school education.
Working class (32%)
Clerical, pink- and blue-collar workers with often low job security; common household incomes range from $16,000 to $30,000. High school education.
Working class
(ca. 40–45%)
Blue-collar workers and those whose jobs are highly routinized with low economic security; a man making $40,000 and a woman making $26,000 may be typical. High school education.
Working poor (13%)
Service, low-rung clerical and some blue-collar workers. High economic insecurity and risk of poverty. Some high school education.
Lower class (ca. 14–20%)
Those who occupy poorly-paid positions or rely on government transfers. Some high school education.
Underclass (12%)
Those with limited or no participation in the labor force. Reliant on government transfers. Some high school education.
The poor (ca. 12%)
Those living below the poverty line with limited to no participation in the labor force; a household income of $18,000 may be typical. Some high school education.

References: Gilbert, D. (2002) The American Class Structure: In An Age of Growing Inequality. Belmont, CA: Wadsworth; Thompson, W. & Hickey, J. (2005). Society in Focus. Boston, MA: Pearson, Allyn & Bacon; Beeghley, L. (2004). The Structure of Social Stratification in the United States. Boston, MA: Pearson, Allyn & Bacon.
1 The upper middle class may also be referred to as "Professional class" Ehrenreich, B. (1989). The Inner Life of the Middle Class. NY, NY: Harper-Colins.



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