If a city is full of sins and hard to purify, recycle it into a newly purified one.
The solution to another attack like coronavirus and any other economic meltdown like what happened in 2008 is to build self-sufficient Eco-cities. Read the book to know the details on how to do it.
This summary is for those who do not have the time to read the detail of this book and want to know about the concept in brief. The concept is to create one million Eco-homes in a self-sufficient and sustainable Eco-city, with surrounding Eco-industries and businesses.
The aim is to employ all the unemployed, retired and anyone who can work for at least a few hours a day or a week. By doing so, a government can reduce welfare spending and balance its economy. Consequently, more families can own Eco-homes, pay the mortgage, spend less and live better in an Eco-lifestyle.
The design of the Eco-city, accompanied by an Eco-socio-economic system as described in Ecolism 1, ensures a better standard of living for the poorest, reduces the amount of public money spent on the welfare system and saves billions. Consequently, the national productivity increases, the government debts decrease, the growth and revenue will balance the national deficits.
The Eco-city should have at least one million Eco-homes, expandable to 3 million, surrounded by Eco-businesses, Eco-agriculture and Eco- industries to employ its residents as long as they are capable of working. The design of the Eco-socio-economic system for living an Eco-lifestyle in an Eco-city is a self-sufficient, independent human ecosystem that interacts with others but protects itself first from any outside threat.
As an example, imagine if the USA has to shut its borders to prevent an attack from viruses or any other threat. Its economy will be in chaos if it is not self-sufficient. Or imagine if the European Union (EU), Scotland and Ireland shut their borders to England, would the English survive? There would be chaos, as there was in World War II. Therefore, the country’s economic ecosystem must be self-sufficient to survive external influences or international economic turmoil. Perhaps, in such circumstances, farmers will learn to produce more and be competitive and people must buy local products, even if it is more expensive, to sustain the country’s ecosystem as a matter of national security. Perhaps, industrialists learn to manufacture all the parts required for their products or buy them locally.
Each Eco-home in the Eco-city is prefabricated from timber and costs $100,000. The interest rate is currently between 1.5 and 3% at its worst, so the cost of interest is about $125 to $250/month for a family of four or a couple living together. It is 75% cheaper than the renting or social- housing costs, which saves governments such as the United Kingdom (UK) government billions in housing benefits. In the USA it lifts people out of poverty and provides a home for every family.
On one hand, if people are unemployed or retired or disable, the welfare system should pay the interest on a guaranteed government mortgage loan. On the other hand, if the government employs or trains the unemployed on the market required skills to find them a job, then pays nothing, people can afford repayment and collects more taxes. Employment must include the retired, elderly and physically challenged, who can work flexible hours to earn enough to either pay the interest or repay the mortgage. Retirement should not exist, as long as people are capable of working any light, administrative, mentoring, advisory job, they must work to improve their wellbeing and increase national productivity. But if they cannot work at all, then it is the government’s responsibility to provide them with a decent standard of living and care.
Building an Eco-city of one million Eco-homes, which costs $100 billion, plus another $20 billion to be spent on its infrastructure, is probably beyond most governments’ comprehension or ambition. However, if we have the will, we find ways to achieve our goals. Read funding the Eco-city to have ideas on how it can be privately funded without government borrowing.
The Benefits of the Eco-City
Solving a major problem needs a comprehensive solution; addressing part of it, creates other ones.
The Eco-city solution will save billions on the social- welfare systems or taxpayers’ money in Europe, the USA and other countries. It will revive the economy, reduce unemployment to near 0%, ends poverty and homelessness. It will raise the minimum living standards and lower the cost of living simultaneously. People will live better and spend less.
Furthermore, the new Eco-socio-economic system with the new Eco-lifestyle will direct people to live within their means in a fairer, freer society of equality and responsible Eco-freedom that works for everyone. Capitalism work for the rich and socialism works for the poor, if we combine both, everybody will be happy.
The Eco-city solution will also create new Eco-opportunities for businesses, industries and agriculture, to make the poor rich and the rich richer. Hence, the solution works for the rich as well as for the poor.
For the Eco-solution to work in the USA, EU, UK or other countries, it is best if it is a sizeable Eco-city of one million Eco-homes or more, each having an edible garden, self-sufficient and supported by the Eco-city agriculture, Eco-businesses and Eco-industries.
The Eco-city must be large enough to find jobs for the various skills of its inhabitants. Small countries might create an Eco-city or two, while a great big country like the USA might build an Eco-city in each of its 50 states.
Hopefully, the EU would build at least one Eco-city in each of their member states.
One of the aims of the Eco-socio-economic system described in Ecolism 1 is to save a high percentage of public spending on the unemployed, pensioners and disabled. As an added value, employing them would convert them to taxpayers, instead of being a burden on the national welfare system.
To create a more competitive economic system, governments in Western countries must reduce the cost of living so people can accept lower wages to get a permanent job or work a few flexible hours to match their abilities. It is contrary to the ongoing trend of increasing the cost of living and having to raise wages to match it, which increases unemployment and drives companies to invest in cheaper labor from other countries.
The proposed Eco-concept may look simple but behind the concept is a sophisticated and comprehensive design. The challenge is to create a new Eco-socio-economic system that does not conflict with national laws and, at the same time, reduces peoples’ outgoings. When spending less to live, they can accept lower hourly rates to compete with cheaper labor from other countries and it encourages businesses to employ good-value-for-money and high-quality local workers with higher productivity.
The fundamental concept behind the Eco-solution is to build affordable, prefabricated Eco-homes from natural timber that will last for over 500 years and reduce the carbon footprint that results from other industrial materials used to create a house.
Buying an Eco-home must be accessible and affordable by any citizen, without them paying a deposit or subjecting them to credit scoring, a high-interest rate and other affordability checks. The condition for lending is that the government or the welfare system pays the interest on a mortgage, instead of paying more on rented accommodation until the government finds a job for the unemployed so they can repay the loan back.
The interest on a $100,000, three-bedroomed Eco-home is affordable by someone from even the most impoverished country in Europe or any deprived area in the USA.
In a well- organized, self-sufficient and sustainable Eco-city, designed to help the residents grow their food and live on minimum expenditure, the Eco-socio-economic system of the Eco-city will not only save billions in government spending but will also enable the poor to survive any global economic recession, such as what happened in 2008 and 2020 coronavirus or whatever will happen in the future,
Even if an Eco-city was isolated, people would not go hungry or be subjected to imperial power like the EU, such as what happened when the Greeks rebelled against the EU system and the Germans/EU shut down their banks.
The Eco-lifestyle in the Eco-city will reduce or diminish the costs of utility bills, transport, hospitals, schools, universities, security, insurances, bureaucracies, legal or professional fees and other areas of public spending to enable people to live better on a lower income.
The trend of a rising cost of living is what makes Western countries less competitive. Companies keep influencing governments to allow them to recruit cheaper labor from other nations who accept lower wages and live a less-extravagant lifestyle. It is one of the main reasons why locals become redundant and become a burden on the taxpayers’ contributions.
Therefore, politicians must create an environment for societies to live within their means, spend less and accept less to become more competitive with other nations, but also have a reasonable standard of living.
A successful businessperson uses all the available money and resources wisely for higher profits. A government should do the same, invest in people and use everybody’s potential to become more productive and efficient. Governments should learn efficiency and productivity from the Germans, South Koreans, Japanese, Chinese and other successful nations.
The Eco-city has the potential to become an industrial Eco-city and a business center to generate wealth equivalent to a commercial city like London or an industrial city like Munich, or Silicon valley because it will be 100% productive, competitive and work will always be available for the locals at any age, working flexible hours to match their abilities.
One benefit of the Eco-socio-economic system is to save a high percentage of public spending on the unemployed, pensioners and disabled. The best way to achieve this is to reduce outgoings, pay lower wages to increase competitiveness, balance the cost of living with net income and create a system of flexible working hours available 24/7. This way the employer is happy and the employee is happier.
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