Theory of Post-Wage Economic Equilibrium

TEPS is a theoretical model of a fully automated, post-wage economy. Productive capital is public, everyone receives an essential basket in kind, innovators earn capped rewards, and rules are set by competence-weighted voting and executed by deterministic AI systems. A stock-flow consistent monetary block, an input–output block and an incentive system are combined, with proofs and reproducible simulations. Version 1.5 adds a civic income tied to participation in votes and a monetary system without private banks. The model is internally consistent under eight explicit conditions. Its empirical calibration and global stability remain open.