Chapter 5: The donation of the value-capital
We make it impossible to transfer and accumulate the value-capital donated to the people through the new economic system. That is, we can only consume our own value-capital. Then, the value-capital which the people consumed changes into usual cash. Also, we can buy only officially specified basic needs through the consumption of the value-capital.
As for what to specify, we should make it principle not to invite waste and not to impair willingness to work and to exclude consumer durable goods and goods and service for hobby and amusement and so on. Specifically, at the beginning, foods, drinks which excludes alcohol, convenience goods, stationery which excludes office automation equipments, underclothing, the eating-out (excluding alcohol) which excludes extremely high-class shops, laundering, public bathhouse and so on will be suitable. Also, when eco-friendly products and environmentally damaging products compete in a same item, if specifying eco-friendly products only, that would be an eco-friendly measure.
Also, they donate the value-capital to national individuals in every month, and the monthly amount of the value-capital is 18,000 yen to adults and 12,000 yen to less than 16 years old children. They make such amount of the value-capital surely exist on cash bank accounts when they donate the value-capital. In other words, when a fixed day in a month comes, if one is an adult, the amount of his value-capital on his cash bank account recovers to 18,000 yen from remaining amount after one's consuming. But, children don't have cash bank accounts and they donate the value-capital for children to cash bank account of their mothers or fathers. The more children a family has, the more amount of the value-capital the family receives and the more easily they can manage housekeeping. An average family which has parents and two children receive 60,000 yen per month, 720,000 yen per year. That considerably helps child care, too. When the population of adults is 100 million and the population of children is 25 million, the total sum of the donation in every year is 25,000 billion yen and is equivalent to 5.04 percent of Japanese GDP.
We build the information network including electronic wallets and cash bank accounts, which enables us to do above-mentioned things.
The total sum of the value-capital to donate becomes huge. Does currency turmoil take place when they publish the value-capital without promise of guaranty?
We have strong trust in the currency which has mandatory circulating power at present. By recent revision of the Bank of Japan law, the limitation on maximum sum of the Bank of Japan note and the system of guaranteeing issues are abolished. Also, it isn't never possible to say that guaranty of the value-capital is national wealth itself in Japan, too. As the value-capital is donated to national all the members, such a thing will be permitted.
By the way, the donation of the value capital is like that the people can get cash "freely" and has fear that it be used for booms made by politicians. Then, the donation of the value capital must be accomplished from an objective economic standpoint while giving attention to ability for the economy to grow, the supply capacity and fear of inflation. For that purpose, the process to decide the donation of the value- capital must be well devised.
The organization to decide the amount of donation of the value-capital should be an independent administrative committee which is separated from politics. Let's name this committee the economic administration committee tentatively. The economic administration committee will be composed of a chief of the management headquarters and representatives of the government, Bank of Japan, consumers, and the economic circle. Then, it is necessary to obtain approval of the Diet for the committee to make decisions about important matters such as increase of the total sum of the value-capital in every year.
The management headquarters executes the decision of the economic administration committee. The management headquarters is composed of following departments. A department which takes charge of general affairs, human affairs and accounting. A department which takes charge of directions to distribute the value-capital. A department which takes charge of management of hardware such as the network and electronic wallets. A department which takes charge of development, maintenance and management of software for the system operation. A department which takes charge of specification of basic needs. A department which takes charge of administrative reviews, inspections and accusations against crimes.
Then, based on orders from the distribution department, banks execute the donation of the value-capital actually. It is desirable to open public hearings in case of specification of basic needs.
Also, the management headquarters receives the excise which comes from the consumption of the value-capital from the government and makes it a fiscal resource.