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 | ||||||
Dennis Gilbert, 2002 | William Thompson & Joseph Hickey, 2005 | Leonard Beeghley, 2004 | ||||
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. | |
Highly-educated (often with graduate degrees), most commonly salaried, professionals and middle management with large work autonomy. | 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. | ||||||