limitations_of_the_market_system
Differences
This shows you the differences between two versions of the page.
Both sides previous revisionPrevious revisionNext revision | Previous revisionNext revisionBoth sides next revision | ||
limitations_of_the_market_system [2019/03/12 20:08] – [Debt] freeworlder | limitations_of_the_market_system [2020/11/15 14:05] – [Limitations of the market system] freeworlder | ||
---|---|---|---|
Line 1: | Line 1: | ||
====== Limitations of the market system ====== | ====== Limitations of the market system ====== | ||
- | Our current economic system is based on a system of [[explicit_vs_implicit_trade|explicit trade]]. | + | |
+ | Our current economic system is based on a system of [[:explicit_vs_implicit_trade|explicit trade]]. | ||
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. | 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' | + | Though useful, it has many drawbacks, and in today' |
===== Poverty ===== | ===== Poverty ===== | ||
- | 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' | ||
Line 23: | Line 25: | ||
Currently around [[https:// | Currently around [[https:// | ||
- | Also, without resorting to hard medical | + | Also, though not backed with hard data, it's not unreasonable |
limitations_of_the_market_system.txt · Last modified: 2021/08/04 06:11 by 127.0.0.1