When the tinfoil hat brigade says that our economy is a Ponzi pyramid, they're essentially right. After U.S. President Lincoln was assassinated (perhaps in part because he printed the Greenback; the people's currency), the banksters hijacked the system. "So it was a large fraud that was backstopped by a sort of over-fraud." - Ellen Brown. Cue the 20:25 mark to get the 30 seconds prior that provides context for that quotation. Where thinking people of conscience can legitimately differ is considering the matter of which form of social capitalism, or free market socialism, which mashup of an adaptive mixed economy to implement in order to address the resulting unsustainable resource skews, to provide sustainable currency circulation -- not distribution -- via a Basic Income, or similar program that ensures consistent, healthy, transpiration at the capillary level of the economic body. Regardless of what you might have been told by an abusive parent or others, you're smart. Probably very smart, or you likely wouldn't be reading these words. So, instead of spoon feeding you yet another forgettable Top 10, the subject of this post is your assignment: watch the full video. Do the homework. Write your list of the the top 5 Utter Fictions of Money and 10 Solutions that you discover in the comments here. We can do this. We can increment the system, raise it to a more sustainable, adaptive level without throwing out the baby with the bath water. That's the '++' of Capitalism++.
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Posted to capitalismplusplus.blogspot.com
5 Utter Fictions of Money and 10 Solutions
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Posted to capitalismplusplus.blogspot.com
Does Economic Expansion Require Growing Inequality?
Obviously, economic expansion does not require hoarding, quite the contrary. We're impressed to finally see Business Week taking the situation seriously and reporting the facts more accurately in Ms. Rand, Meet Singapore. Mr. Hayek, Meet Norway, including an occupy-wall-street tag: http://www.businessweek.com/finance/occupy-wall-street/ It's a great start.
"Is rising inequality the price of rapid economic growth? Advocates of deregulation often argue that the increasing concentration of wealth is driven by greater rewards going to innovators and entrepreneurs who drive the economy forward. But is this kind of trade-off really a given? Not really."
Thank you for demonstrating the integrity to present the data as it is, BW!
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Posted to capitalismplusplus.blogspot.com
The Future of Money & Technology Summit
Finally. The step function to the next increment (the ++) may be nearing readiness for implementation with The Future of Money and Technology Summit, February 28, 2011.
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