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--- limitations_of_the_market_system [2019/03/12 20:08] – [Debt] freeworlder
+++ limitations_of_the_market_system [2020/03/27 17:08] – [Poverty] live on less that corrected to live on less than jusr
@@ Line 4: / Line 4: @@
 The use of trade - and its logical extension money - appears on the face of it to be a useful concept: Two parties engage in a trade, both get something they want, and both are better off than before. This has been the dominant mode of social organisation for at least the last 10,000 years.
-Though useful, it has many drawbacks, and, in today's society where we value compassion and equality, it no longer serves our best interest (assuming you accept the existence of a viable alternative). and it has also created extensive collateral damage on our natural world. The main drawbacks are:
+Though useful, it has many drawbacks and in today's society where we value compassion and equality, it no longer serves our best interest. (assuming you accept the existence of a viable alternative) It has also created extensive collateral damage on our natural world. The main drawbacks are:
 ===== Poverty =====
-Just under half the human population (3bn) in the world today [[http://www.globalissues.org/article/26/poverty-facts-and-stats|live on less that $2.50 a day]] - many much less than that. Clearly they have insufficient skills or resources to trade with to break from poverty, and/or their geographical location doesn't offer them a fair market value.
+Just under half the human population (3bn) in the world today [[http://www.globalissues.org/article/26/poverty-facts-and-stats|live on less than $2.50 a day]] - many much less than that. Clearly they have insufficient skills or resources to trade with to break from poverty, and/or their geographical location doesn't offer them a fair market value.
 If almost 50% of the planet's human population have insufficient means to trade for a good quality of life, then we must infer that that system is inefficient and incapable of meeting the needs of society at large.
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 Currently around [[https://www.who.int/news-room/fact-sheets/detail/depression|300 million people]] in the world suffer with depression. Anxiety in America alone affects [[https://adaa.org/about-adaa/press-room/facts-statistics|40 million people]]. Now that we know there is a [[https://www.independent.co.uk/news/science/depression-anxiety-genes-epigenetic-changes-dna-poverty-a7047201.html|direct correlation]] between poverty and depression anxiety disorders, it follows that the majority of sufferers have the shortcomings of the trading system high among their possible triggers.
-Also, without resorting to hard medical data, it's not a huge leap to make the assumption that the perpetual pursuit of financial security is a major stress on the lives of many young people and families.
+Also, though not backed with hard data, it's not unreasonable to assume that the constant pursuit of financial security is a major contributor to stress in the lives of many low to middle-income earning families.