This is an idea where computers manage the economy perfectly so we can all live lives of leisure.

The most ardent advocate for FALC, Aaron Bastani, a London-based media executive and writer, has written a new book on the topic. In it, he advances a curious, passionate argument, with a dire assessment of the present and a messianic vision for the future. Bastani believes that we are already living through a potentially epochal transformation of the economy, as epochal as the establishment of agriculture and the introduction of engines and electricity. Artificial intelligence, machine learning, and advanced computing might be about to eliminate the need for human labor in no small part, Bastani claims.

The Atlantic

This article doesn’t quite tell you what it is. Without reading the book, I imagine the idea might be that you invest in the right technologies to grow the economy while minimizing ecological harm, then reinvest some of the gains in an optimal way while paying an equitable dividend to everyone in the world. Maybe at some point, you work things out so that money is no longer necessary to keep the system in balance. That’s my guess as to what is in this book – maybe I should read the book and find out.