limitations_of_the_market_system
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limitations_of_the_market_system [2019/03/12 20:05] – freeworlder | limitations_of_the_market_system [2019/03/12 20:08] – [Debt] freeworlder | ||
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Just under half the human population (3bn) in the world today [[http:// | Just under half the human population (3bn) in the world today [[http:// | ||
- | If almost 50% of the planet' | + | If almost 50% of the planet' |
===== Debt ===== | ===== Debt ===== | ||
Even in the parts of the world where trade appears to create prosperity, it is backed almost entirely by debt. Since we know most money is [[https:// | Even in the parts of the world where trade appears to create prosperity, it is backed almost entirely by debt. Since we know most money is [[https:// | ||
- | If we consider trade as being the best way to operate our society, then the question needs to be asked: why would we have debt? If a trading society and its members thrive on the continual movement of goods and services only, then it follows that debt should be unnecessary. Debt can also be interpreted as an ' | + | If we consider trade as being the best way to operate our society, then the question needs to be asked: why would we have debt? If a trading society and its members thrive on the continual movement of goods and services only, then it follows that debt should be unnecessary. Debt can logically |
===== Environmental damage ===== | ===== Environmental damage ===== | ||
Since profit and the creation of wealth is the primary driver of economies and behaviour, it follows that other ' | Since profit and the creation of wealth is the primary driver of economies and behaviour, it follows that other ' |
limitations_of_the_market_system.txt · Last modified: 2021/08/04 06:11 by 127.0.0.1