This research paper establishes a rigorous five-domain framework to evaluate how various economic systems perform in an era of rapid technological automation. The authors critique traditional schools of thought, such as Neoclassical and Keynesian economics, for failing to address structural unemployment and wealth concentration. In contrast, they propose an integrated system called Creative Currency Octaves (CCO) and Public Trust Foundations (PTF), which utilizes a dual-currency model and collective ownership. Empirical simulations suggest this model can achieve 98% poverty reduction and high housing security while maintaining stable market demand. To ensure practical application, the study provides both gradual transition pathways for stable times and rapid deployment protocols for emergency crisis scenarios. Ultimately, the text argues that this novel framework is the only system capable of ensuring human flourishing as machine labor becomes the global standard.
Source:
Defining “Best”: A Criteria Framework for Evaluating Economic Systems in the Automation Era (Working Paper)
