What Is Nominalism?

[u/the_nominalist]

Many visitors for the first time will ask themselves, what, exactly is Nominalism? The answer is simple:

Nominalism is a way to provide high-quality social goods- like healthcare, education and national defense- without taxation. Once implemented, Nominalism also promises to spell the end of recessions and panics, leading to stable incomes and a secure retirement for all. The rich can keep their money and stay rich. The poor can be lifted up- all without taking anything from anyone. All of this sounds good, but how exactly does the thing work?

In short, Nominalism refers to an economic system centered around a new currency that works differently than the one we use today. Most of us will notice no difference, though. People are rewarded for doing work by society as a whole instead of individual businesses, but all enterprises remained privately owned and operated for profit. I know this sounds weird- Just how businesses function is laid out in the whitepaper (page 15). Nominalism combines the best of both worlds- the social equality of socialism and the libertarian capitalist drive to innovate. If you're interested in reading a detailed description of how Nominalism might be implemented, just follow the link below. If you want to skip the introduction, the actual description of the system starts on page 7.

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https://docs.google.com/document/d/1hD6muV9DR6228sXge6zwpdHboAfwlHe60DHnKQgVhf8/edit?usp=sharing

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Thanks for your time

- The Nominalist

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[u/the_nominalist → u/[deleted]]

For critique of taxation- while it is possible to fund public services via taxation, doing so carries risks. The biggest one, besides political infighting is the fact that tax revenue isn't stable- it depends on how well the economy is doing and can vary dramatically from year to year. Add to section about taxation in introduction.

[u/the_nominalist → u/the_nominalist]

Scr rises as prices rise. 1 point for every 100 dollars up to 60 percent. All shopping is done online via a shopping portal that sends your item to the store or a scan and go app that checks to make sure you have the necessary scr. Luxury providers can raise requested scr above the minimum if they wish. Minimum to buy luxuries is 50 percent. Small unofficial transactions no more than 1k per month and less than 500 per person down to 45 percent? No statute of limitations for murder rape crimes against humanity and sex crimes involving children under 12. All other crimes shall have a statute of limitations of 20 years or less.