Commune Wealth:

In the coming years [it has been opined] {accurately beyond statements, i believe} that robotic products will became the next revolution to human existence. With a workforce out of need and work, there will be a long overdue need for a 'new human philosophy for life'. The changes will be essential for individuals to understand and adjust to the coming changes to life and time. Living in a world of learning, personal and artistic development along with hobbies and interests {many being technology, society, engineering & science} that will serve society well. {With an agreement to an obligation to serve some portion of time for the state, if needed} The people of society will be a majority recreational or personal time population.

In this state, The State must switch from one type of economy {invention} to another. 
I suggest the adoption of a common wealth type model.

Every child born is automatically allocated a 10 million trust fund for life. Interest generated from a fixed base rate of3%. A .25% is accessible by the parents or parental guardians for each child for their expenses of upbringing. [Parental access % Ends at 20 years of age, per child.] At age 16 a .25% is accessible to the young adult. At 18 an increase to .50% is accessible. At 21 an increase to 1.% and at 28 a further increase to 2.% is accessible. This will teach the person to budget and enchorage them to plan for their life. Upon death the allocation reverts to fund, credit, number availability. There is no credits limit.

 

Tomorrows Taxation:

http://www.howardhawk.co.uk/431668003

Transition:

Such a transition will face two major obstacles. 

1. The rest of the world that [if not agreed to the switch] will take capitalist advantage out of a separated economy. No matter how ring fenced the currency and Britain’s international trading will suffer and face financial attacks from all sides. Additionally political pressure will be used against such a move unless internationally agreed as the next big move for global financial and population management. Furthermore global / international projects of mutual interest that will require financial / human energy and resource commitment and investment will be unlikely to succeed until both the capitalist system [that is in competition for costs and profits] will need to be at an end. In order for that to occur there will need to be political agreement and harmony [bringing an end to the current state of hostility, rancour and competition.]

2. The people will need to be prepared for such a huge change to life in a new society. [The worst thing that we could do, would be to suddenly give every adult person throughout society today £200,000 [tax free] pounds a year. It would cause a noveux riche gluttony and ruin their lives and quite probably kill very many in only a few years. It would be the same [as it will be] as making all alcoholic drinks free for everyone, all of the time.]

The best way would be to have achieved a well taught and understood [new human philosophy of life] [a kind of kindred metaphor for a combination of an Aquarian Jedi living on a StarTrek Earth.]

That such a philosophy is years away [as is the antiquity of Religions of yester Millennia’s] or even  accepted or understood or even discussed let alone promoted through the current new trend of mobile devices that are primarily transmitting consumer desire in every form] means that a lower more imperfect but subtle roll out will be required to hasten the millennial speed that it will take for capitalism and philosophy to move naturally towards human equity under egalitarian government committed to big unified endeavours.

Imperfect and subtle:

The ‘new’ philosophy of life must be explained [and accepted]. Teachers must be in place and ready from primary school through to A-level at 18. After school clubs [positive occupation for all children] must be established to eliminate general afternoon and evening delinquency and the feral cultures that exist through Britain. [The neglect and low repeating standards of ‘some’ parents must be addressed by the Great Benefactor Parent, once and for all for all generations to come].

No person should leave school with somewhere for them to be going on to. Whether it is a junior apprenticeship, training for a trade or higher education, academic or professional. [Hobbies of the ‘fully transitioned’ future will cover every aspect of society and some service / involvement will be coveted by everyone person.]

As the first generation taught the ‘new philosophy and the future financial structure’ starts to have children, their children will be added to the communal wealth population list. £10 million and the parental % will start. Their [the new] children will then grow up learning the ‘new society’ while living partly in it. By the third generation the children will be living in the fully transitioned society.

The above will only be possible [and worth commencing] after Robots have developed enough to have started to become the primary workforce for all mechanised, risky and repetitive jobs.

However the philosophy could be commenced, agreed and established a the default human philosophy of life from the second quarter of the 21st Century and 200 Millennia after the emergence of our human species.