Monday, March 24, 2025
Thursday, December 19, 2024
Kalkiism: A Radical Vision for the Future Economy
Kalkiism: A Radical Vision for the Future Economy
In an age where robotics and artificial intelligence are rapidly transforming the global workforce, a groundbreaking economic philosophy is emerging to ensure humanity reaps the benefits of these immense productivity gains. Kalkiism, as outlined in the book The Kalkiist Manifesto, proposes a revolutionary system that challenges conventional economic norms and envisions a world built on equality, fairness, and human dignity.
What Is Kalkiism?
Kalkiism reimagines the economic structure by replacing money with time as the universal unit of value. In this system:
- All jobs earn the same hourly wage measured in time units (seconds, minutes, hours).
- Purchases are made using these time units, creating a standardized, equitable value system.
- Everyone has a job, including traditionally undervalued roles like caregiving and homemaking.
The idea is simple yet transformative: when you work eight hours, you earn eight hours. This approach eliminates disparities in wages, elevates all forms of labor to equal status, and ensures that the economy values contributions based on time rather than monetary worth.
The Role of Technology
Kalkiism recognizes that advancements in robotics and AI have unlocked unprecedented productivity potential. These technologies can handle repetitive, hazardous, or high-efficiency tasks, freeing human workers to focus on creative, social, and meaningful roles. Kalkiism leverages this shift by:
- Reducing reliance on long working hours.
- Ensuring the equitable distribution of AI-generated wealth and productivity gains.
- Emphasizing the importance of human labor in areas where technology cannot replicate empathy, care, and creativity.
Why Nepal?
The Manifesto suggests launching Kalkiism as a pilot project in Nepal. This small yet diverse nation provides an ideal testing ground for such a system due to its:
- Manageable population size.
- Existing challenges with economic disparity.
- Rich cultural emphasis on community and cooperation.
Starting small allows for iterative improvements and the development of scalable strategies before introducing Kalkiism on a global stage.
The Potential Benefits
Kalkiism offers a range of advantages that address some of today’s most pressing economic and social issues:
- Social Equity: By removing monetary disparities, Kalkiism eliminates the gap between high-paying and low-paying jobs.
- Recognition of Unpaid Work: Domestic and caregiving roles, often overlooked in traditional economies, are fully integrated and valued.
- Simplified Economy: Time replaces complex monetary systems, reducing corruption and inefficiency.
- Productivity and Fairness: Robotics and AI maximize production, ensuring everyone’s basic needs are met while maintaining fairness.
Challenges to Address
Despite its promise, Kalkiism raises several questions and challenges:
- Value of Specialized Labor: Professions requiring extensive training, like medicine or engineering, may need additional incentives to attract skilled individuals.
- Global Integration: Transitioning from a money-based global economy to a time-based one will require significant coordination and collaboration.
- Resource Allocation: Managing the distribution of scarce or high-demand resources could be complex without monetary pricing mechanisms.
- Innovation Incentives: Without monetary rewards, encouraging entrepreneurship and technological advancement might be difficult.
Open Questions
Kalkiism opens the door to intriguing possibilities, but some crucial questions remain:
- How will overconsumption or hoarding be addressed when goods are priced solely in time units?
- What systems will ensure meaningful societal contributions from all participants?
- How will international trade function under a time-based economic model?
The Vision Ahead
Kalkiism is more than an economic system; it is a call to rethink the way we value human effort and creativity in the age of automation. By aligning economic rewards with time—a resource every individual has equally—it aims to build a world where fairness, equality, and opportunity prevail.
As the pilot project in Nepal unfolds, the global community will watch closely to see if Kalkiism can deliver on its promises. Could this radical vision be the key to a fair and prosperous future? Only time will tell.
Friday, July 19, 2024
Sunday, July 10, 2022
Afore 1M
I am counting on becoming Afore Capital's next 1M investment. They are rocking it. @anamitra @ekaurghar @kaylakav @venkateshkr @rileyfinch13 @gjain @AforeVC https://t.co/CMscYpswVL
— Paramendra Kumar Bhagat (@paramendra) July 10, 2022
Woman I met recently told me she wouldn’t stop until she was a billionaire. Or even after that. Have never heard a woman say that. Smiled and said me too.
— Nichole Wischoff (@NWischoff) July 10, 2022
A Next-Generation Social Network https://t.co/q9VL1F1f3p @Hadley
— Paramendra Kumar Bhagat (@paramendra) July 9, 2022
I am sorry but you seem to have fallen for the caricature. Woke is about facing the fact of the traditionally marginalized. And bringing them on board. Getting them to participate. Breaking the glass walls and ceilings that hold them down. People of all backgrounds want a seat.
— Paramendra Kumar Bhagat (@paramendra) July 9, 2022
In lieu of @ElonMusk walking away from @Twitter's transaction, my team did an analysis on Twitter's user base as of this morning. The last two stats are the most "telling." pic.twitter.com/oKlJB5GDpT
— Gurbaksh Singh Chahal (@gchahal) July 9, 2022
🔺 EXCLUSIVE: Ukraine is massing a million-strong fighting force equipped with western weapons to recover its southern territory from Russia, the nation’s defence minister has revealed to The Times https://t.co/it1vJpDzpq
— The Times and The Sunday Times (@thetimes) July 10, 2022
In his first interview with a British newspaper since the invasion began, Oleksii Reznikov said President Zelensky had ordered Ukraine’s military to retake occupied coastal areas which are vital to the country’s economy
— The Times and The Sunday Times (@thetimes) July 10, 2022
🗣️ “We understand that, politically, it’s very necessary for our country. The president has given the order to the supreme military chief to draw up plans. After that the general staff are doing their homework and say to achieve this goal we need XYZ,” he said
— The Times and The Sunday Times (@thetimes) July 10, 2022
🗣️ “It was a long process, a month and a half, but we got a result. Ukraine had a Soviet-era armed forces with thirty-year-old weapons. We changed this in three months,” Reznikov said
— The Times and The Sunday Times (@thetimes) July 10, 2022
The minister, 56, said he was satisfied with the support Ukraine was receiving from Nato partners but not the pace of deliveries.
— The Times and The Sunday Times (@thetimes) July 10, 2022
🗣️ “We need more, quickly, to save the lives of our soldiers. Each day we’re waiting for howitzers, we can lose a hundred soldiers”
I am counting on becoming Afore Capital's next 1M investment. They are rocking it. @anamitra @ekaurghar @kaylakav @venkateshkr @rileyfinch13 @gjain @AforeVC https://t.co/CMscYpswVL
— Paramendra Kumar Bhagat (@paramendra) July 10, 2022
Building Credit History For Everybody https://t.co/CMscYpswVL
— Paramendra Kumar Bhagat (@paramendra) July 10, 2022
Alibaba used a person’s e-commerce activities on its very website to vouch for their creditworthiness. And it has worked like magic. https://t.co/CMscYpswVL
— Paramendra Kumar Bhagat (@paramendra) July 10, 2022
I also want to build credit histories for people who might have social capital and no other capital at all. https://t.co/CMscYpswVL
— Paramendra Kumar Bhagat (@paramendra) July 10, 2022
My company would want to provide an e-Estonia for countries like Nepal. For 10% of the cost, you will get 100 times better government services. All you have to do is agree to switch. https://t.co/CMscYpswVL
— Paramendra Kumar Bhagat (@paramendra) July 10, 2022
My revenue is going to come from the US government which makes it rain for the defense contractors. https://t.co/CMscYpswVL
— Paramendra Kumar Bhagat (@paramendra) July 10, 2022
I am going to do Kiva times a million, P2P, ordinary person to ordinary person. Velocity can be magic: money at the speed of light. https://t.co/CMscYpswVL
— Paramendra Kumar Bhagat (@paramendra) July 10, 2022
Building credit histories for the people who are officially the most creditworthy people, dollar for dollar, should be easy peezy squeezy. https://t.co/CMscYpswVL
— Paramendra Kumar Bhagat (@paramendra) July 10, 2022
They pay back better than anyone else.
— Paramendra Kumar Bhagat (@paramendra) July 10, 2022
I know Moscow feels like the heart of evil right now, but it’s also a real place where there are parks and summer and people contemplating how to live now… Here, Patriarch’s Pond today, straight from Bulgakov. pic.twitter.com/PjJgbaZ0Rt
— Sasha Vasilyuk (@SashaVasilyuk) July 10, 2022
Yes!
— Paramendra Kumar Bhagat (@paramendra) July 10, 2022
Ukraine must be allowed to strike military sites in occupied Belarus, occupied Crimea, and Russia
— Paul Massaro (@apmassaro3) July 10, 2022
I used to push off important non-career things.
— Jarrid Tingle (@jarridvtingle) July 10, 2022
I’ll do X after I leave Wall Street, finish my MBA, raise a fund, etc.
I’ve been able to exercise consistently in 2022, but now it’s time to eat healthy and get more organized.
No more excuses - the time is now.
Afore 1M https://t.co/RCWwB1wdiL @anamitra @ekaurghar @kaylakav @venkateshkr @rileyfinch13 @gjain @AforeVC @jackmmcclelland @elonmusk @gchahal @cz_binance @brian_armstrong @Hadley @nihalmehta @Aroosh_ND @vkhosla @wadhwa #blockchain #cryptocurrency #Ukraine #UkraineRussiaWar
— Paramendra Kumar Bhagat (@paramendra) July 10, 2022
Wednesday, May 11, 2022
Balen Balen Balen
It’s only a loss if you sell. Spartans HODL!
— Tyler Winklevoss (@tyler) May 11, 2022
The markets always get it right in the long run. Be patient and HODL.
— Cameron Winklevoss (@cameron) May 11, 2022
I would be excellent at spotting promising startups and giving culture to "established" ones. What do you have?
— Paramendra Kumar Bhagat (@paramendra) May 11, 2022
Friday, May 06, 2022
News: May 6
As someone who recently just took this exploration, Ethereum.
— Cole Murray (@_ColeMurray) May 6, 2022
An issue I ran into, happy to hear feedback on, is most ideas are simply not viable due to TX fee costs.
If each operation I do is $2-15, a significant number of use cases go out the window.
I would build a writing, podcasting and video community where Creators could monetize with NFT integration, with major partnerships from brands that will integrate NFTs into their business like Walmart, Starbucks and so forth. These creators would own at least 95% of the theirrev
— Michael Kevin Spencer (@MichaelKevinSp2) May 5, 2022
This is me and I chose to build first on Ethereum.
— Eric Forgy (@EricForgy) May 6, 2022
It seems like the best way to cut my teeth and learn how things should work. Plus, starting with Ethereum means I can, in principle, expand to other EVM compatible chains. Longer term, I'd like to launch on Solana too 🙏
If I had no idea, in #Ethereum, because it is popular.
— $jehrhardt (@derjan) May 5, 2022
If I did the right research, on #Cardano. It has PoS, low gas fees and the same security as BTC. And an amazing community of course 😉#Web3
#tezos is the easy answer. Low enough fees to actually deploy to main net, lowest programming learning curve with being able to use Python on @SmartPy_io. And the ability to get involved with governance and vote on proposals
— maxemitchell (@maxemitchell) May 5, 2022
Unpopular opinion: BSV
— George Siosi Samuels (@GeorgeSiosi) May 5, 2022
- Original fixed, Bitcoin protocol
- Actualy scales on-chain
- Largest mined blocks
- Most energy efficient PoW chain
- Highest PoW transaction throughput
- NFTs can actually be stored on-chain (e.g @rarecandyio)
- Been 51% attacked, yet survived all
Ethereum because no one just coming in will be able to first learn/hear about another ecosystem. Maybe solana but highly doubt it
— Eda 🎈 (@edatweets_) May 5, 2022
learning solana is like trying to tunnel out of a prison with a plastic spoon
— Pluto 🔺 (@homeslashpluto) May 5, 2022
Ethereum.
— MORBID-19 (@JuhyukB) May 5, 2022
Security, liquidity, community.
Great question. Made me scroll through the answers.
— Paramendra Kumar Bhagat (@paramendra) May 6, 2022
Everyone post a pic of their CEO. I’m trying to see something.
— Shondra.eth (@shondradanielle) May 5, 2022
Our CEO at @pregamemag 😎 pic.twitter.com/ZbOHCeY092
— Ciara Pressler (@themayoress) May 5, 2022
reading pic.twitter.com/5mqFKzJtjI
— Andy Weissman (@aweissman) May 5, 2022
Thursday, April 07, 2022
Pitching Binod Chaudhary
@BinodKChaudhary The vast majority of Indians work in what is dismissively called the “informal economy.” The banks don’t cater to them. https://t.co/eyKllCrgtW The Blockchain promise is the informal economy has a rightful claim to all possible financial services.
— Paramendra Kumar Bhagat (@paramendra) April 7, 2022
@BinodKChaudhary So easily established that digital identity should be coupled with an automatic bank account https://t.co/Ccq9WMzK5n
— Paramendra Kumar Bhagat (@paramendra) April 7, 2022
@BinodKChaudhary Google is not your local library digitized. When you digitize a service, you birth a whole new animal. Because you can add intelligence every which way. https://t.co/Es4KE0oi76
— Paramendra Kumar Bhagat (@paramendra) April 7, 2022
@BinodKChaudhary I think there are postulates emerging on the Blockchain that will allow us to tackle some of the biggest problems on the planet. One is inequality. https://t.co/tYxVxLXodh
— Paramendra Kumar Bhagat (@paramendra) April 7, 2022
@BinodKChaudhary The surface of Mars is more hostile, physically speaking, than the deep ocean, and I don’t see Elon colonizing the deep ocean. And the deep ocean is hostile. Start with the immense pressure. https://t.co/ovG3rR1yjK
— Paramendra Kumar Bhagat (@paramendra) April 7, 2022
@BinodKChaudhary The Blockchain is not trickle down. You necessarily have to start with the dollar a day people. Their problem is your problem. https://t.co/XZVkZiiHjx
— Paramendra Kumar Bhagat (@paramendra) April 7, 2022
2016: The Year I Came To Know I Am God, Jesus Come Back, The Second Human Incarnation Of Bramha https://t.co/LQVplsjSZP
— Paramendra Kumar Bhagat (@paramendra) April 7, 2022
@BinodKChaudhary My ask: a #bridge #investment of 1M towards a soon-to-be #100M raise. Projected growth: #1000X by #2030. A #blockchain startup that will beat @coinbase in the race to a 1T valuation. Your 1M should grow to 1B. Are you in or are you out? @BeingNirvana
— Paramendra Kumar Bhagat (@paramendra) April 7, 2022
@BinodKChaudhary @Jibalamichhane @BeingNirvana Details (1) https://t.co/F2xsp0ZaQR
— Paramendra Kumar Bhagat (@paramendra) April 7, 2022
(2) https://t.co/F3mncj1hYM
@BinodKChaudhary Also, the best thing you could do for #Nepal. And countries like Nepal. @Jibalamichhane
— Paramendra Kumar Bhagat (@paramendra) April 7, 2022
@BinodKChaudhary Binodji, you have been looking for a promising Nepali-led tech startup to invest in. You even toured the US once in search. Your search is over! :) @Jibalamichhane @BeingNirvana
— Paramendra Kumar Bhagat (@paramendra) April 7, 2022
So proud of my father for winning the elections. Wishing him tremendous success on this new journey.May his vigorous vision to transform and bring greater prosperity and progress to this country become a reality. He sees a bright future for the youth. Thank u all for your support pic.twitter.com/DTkf4sL6s3
— Nirvana Chaudhary (@BeingNirvana) December 21, 2021
Thank you @BinodKChaudhary 🙂🙂#WaiWaiinCanada pic.twitter.com/jkCifRY9Cu
— Arun Budhathoki 🇳🇵 (@arunbudhathoki) April 6, 2022
Nepalese Billionaire Binod Chaudhary Invests In Wellness. Here’s Why.@CG_Hospitality @BinodKChaudharyhttps://t.co/Mfzl0VPH1F
— The Farm at San Benito (@TheFarm_PH) April 7, 2022
"There are no such things as a natural touch, touch is something you create by hitting millions of golf balls." #CGgolfretreat @BinodKChaudhary pic.twitter.com/qaTMOXB3Ni
— Amrit Wosti (@Amrit92433020) April 4, 2022
Away from Home since 27 days due to some work and today I feel like I met my guardian. Thank you @BinodKChaudhary dai 🙏
— Rishi R Adhikari (@adhikariwrites) April 1, 2022
Embassy of Nepal, New Delhi ! pic.twitter.com/xKsmbC6Dkj
This video is for those who want to convert their dreams into reality.@chaudharygroup @ForbesAsia @Forbes @ForbesIndia https://t.co/F86JBYu8pr
— Binod Chaudhary (@BinodKChaudhary) March 30, 2022
My first moral based children’s story book is out as today my daughter Araaya turns 6. If you want to pick up a copy please visit https://t.co/yfFaywmtyN All proceeds of the books go to Kanti Bal Hospital. pic.twitter.com/9ESm9Pt8YP
— Nirvana Chaudhary (@BeingNirvana) March 29, 2022
Then run for NC President.
— Paramendra Kumar Bhagat (@paramendra) April 7, 2022
“American roads are not good because America is rich, America is rich because American roads are good” @JFKSaid
— Binod Chaudhary (@BinodKChaudhary) March 22, 2022
Roads and infrastructures are the lifelines of any country if they wish to develop. They are also the mirror on where the country is! https://t.co/wzUDmcm3Zl
It is very hard to write a children's book.
— Paramendra Kumar Bhagat (@paramendra) April 7, 2022
The human element is the most important element in any company.
— Paramendra Kumar Bhagat (@paramendra) April 7, 2022
सिन्धुपाल्चोकको गिरानचौरमा चौधरी फाउन्डेसनको तदारुकतामा निर्माण भएको नम्डोललिङ एकीकृत बस्तीका ६२ घरहरु हस्तान्तरण गर्न पाउँदा खुशी लागेको छ । डिजिटल क्लासरुम, स्वास्थ्य, खानेपानी र सीप विकासका कार्यक्रममार्फत यस बस्तीलाई मोडल भिलेजका रुपमा प्रस्तुत गर्न सकिएकोमा गौरवान्वित छौं । pic.twitter.com/0d4xafxxod
— Binod Chaudhary (@BinodKChaudhary) March 27, 2022
Today, #IntForestDay is a day to celebrate the abundance of the forests.
— CG Corp Global (@chaudharygroup) March 21, 2022
Here's a glimpse of some of @CG_Hospitality's top resorts located in the heart of forests, a getaway for #naturelovers to experience an upclose and personal encounter with the forests and their many wonders. pic.twitter.com/eVRTNfK3Vz
Bestseller book from the best person @BinodKChaudhary Dai !! 🙏 https://t.co/u6iQak5SyW
— Rishi R Adhikari (@adhikariwrites) March 21, 2022
Pitching Binod Chaudhary https://t.co/J31IfvTcYQ @BinodKChaudhary @Jibalamichhane @BeingNirvana
— Paramendra Kumar Bhagat (@paramendra) April 7, 2022
Goal: 100M raise to a 10B valuation at record speed. (1) https://t.co/7J6j02GBiK (2) https://t.co/Y8MqwxUjOe https://t.co/sm0IXkVvW6 @BinodKChaudhary @Jibalamichhane @BeingNirvana
— Paramendra Kumar Bhagat (@paramendra) April 8, 2022
I understand differences in opinion, but I make a point to not understand racism. In Trump’s case, we are talking fascism, pure, unadulterated fascism. Yes, Hitler had his QAnon. That is how it starts. https://t.co/Cp8pptITZT
— Paramendra Kumar Bhagat (@paramendra) April 9, 2022
Wednesday, December 01, 2021
Thursday, November 22, 2018
Tuesday, September 25, 2018
मेरो टेक ब्लॉग मा नेपाली भाषामा लेख्दा
मैले केही महिना देखि यूट्यूब मा विडियो ब्लॉग्गिंग पनि गर्दै आएको छु। मुख्य रूपले नेपालीमा। तर मैथिलि र हिन्दीमा पनि बोलेको छु। विडियो ब्लॉग्गिंग को त्यो मजा हुँदो रहेछ। बोल्दा बोल्दै अर्को भाषा मा बोल्न पुगे फरक नपर्ने। मुख्य कुरा भाषा होइन, मुख्य कुरा हो कुरा बुझ्नु।
निजगढ एयरपोर्ट ले भारत र चीन जोड्ने काम गर्छ
Saturday, November 29, 2014
Saturday, August 03, 2013
Nepal Hydro Focused Clean Energy Seed Fund Seeks Angels
@farhad667 @ZelkovaVC @stephanpaternot @gbrockway @scoutu Nepal focused Clean Energy (hydro) seed fund seeks angels https://t.co/xGk3PxuaPz
— Paramendra Bhagat (@paramendra) August 3, 2013
@Bill_Gross @peterchane @SunilPaul @ProfessorVC Nepal focused Clean Energy (hydro) seed fund seeks angels https://t.co/xGk3PxuaPz
— Paramendra Bhagat (@paramendra) August 3, 2013
@joecaruso2020 @carlbass @waynekimmel @cleanwebvc Nepal focused Clean Energy (hydro) seed fund seeks angels https://t.co/xGk3PxuaPz
— Paramendra Bhagat (@paramendra) August 3, 2013
@davidzonabay @mitchlowe @cmirabile @novaspivack @schuttes Nepal focused CleanEnergy (hydro) seed fund seeks angels https://t.co/xGk3PxuaPz
— Paramendra Bhagat (@paramendra) August 3, 2013
Please invest. http://t.co/PykXp1Ru89 @JasonH @garyvee @SteveCase @MParekh @NikhilKal @Joi
— Paramendra Bhagat (@paramendra) August 4, 2013
Sunday, December 30, 2012
Sunday, November 18, 2012
Wednesday, November 14, 2012
Online Courses And The Global South
Juan Lindo, president of El Salvador, 1841-42 (Photo credit: Wikipedia) |
Taking journals online, taking world class courses online fundamentally changes things. This below is a welcome report.
Online Courses Put Pressure on Universities in Poorer Nations
edX, the $60 million collaboration between MIT and Harvard to stream “massive open online courses,” or MOOCs, over the Web. ..... The University of El Salvador, located in San Salvador, is the only public university in the country. It spends $60 million a year to teach 50,000 students, and its budget is so limited that it can only accept about one-third of applicants. (By comparison, the University of Michigan, which has a similar number of students, spends $1.6 billion on its core academic mission, not including sports teams, dorms, and hospitals.) Protests over the shortage of spots regularly shut down the campus. Semesters don't end on time. The university doesn't appear in international rankings. ..... within 50 years there might only be 10 universities still “delivering” higher education. ...... One problem is out-of-date coursework. Martinez says computer science is still taught using the waterfall model, a programming approach that dates to the punch-card era. “A computer science student here spends the first six months doing flow diagrams, because that’s how we did it in the 1970s in El Salvador when we didn’t have any computers to work on,” he says. MOOCs, by contrast, are teaching a new technique known as agile software development in classes like edX’s CS169.1, which focuses on how Web-based programs such as Gmail are created.
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