by Vinay Gupta from worldchanging.com
A Video News Report from 2030.
Anchor: Touting their movement as a combination of the economic theories of Mahatma Gandhi and the political science of Buckminster Fuller the Unplugged have now reduced the GDP of the United States of America by 20% over their 15 year programme.
Opponents of the movement call Unplugging an unscientific and cult-like political movement, but proponents say that "Unplugging" was the best decision they ever made. Let's hear from Jack Huston, a former investment banker...
Cuts to video
[Screen opens to Jack Huston, a muscular early-40s New Yorker.]
Presenter: Jack, could you explain what Unplugging did for you?
Jack: Well, first we've got to cover briefly how Unplugging works. The core of the theory is that we can all live off the interest generated by our savings, or the profits from our investments, if we possess enough capital - and generations of Capitalists have dreamed of "getting off at the top" - making enough money to cash out of the workplace and live as they like for the rest of their lives.
Presenter: But what does that have to do with living in a housing pod in the middle of Oregon?
Jack: Well, it comes down to the nature of capital. Wealth stored as dollars was essentially a share in America's national economy - a credit note backed by the US Government. But Buckminster Fuller showed us that wealth-as-money was a specialized subset of Wealth - the ability to sustain life.
To "get off at the top" requires millions and millions of dollars of stored welath. Exactly how much depends on your lifestyle and rate of return, but it's a lot of money, and it's volatile depending on economic conditions. A crash can wipe out your capital base and leave you helpless, because all you had was shares in a machine.
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