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--- limitations_of_the_market_system [2020/11/15 14:08] – freeworlder
+++ limitations_of_the_market_system [2021/03/22 23:23] – freeworlder
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 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. The effect of the transfer of wealth over time has been described [[:free_trade_wealth_vs_energy_model|here using a computer model]].
 Though useful, it has many drawbacks, and in today's society where we value compassion and equality, it no longer serves our best interest. It has also created extensive collateral damage on our natural world. The main drawbacks are:
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 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.
+===== Wealth vs. Quality of Life =====
+When looked at in its raw context, there is a clear disparity between the transfer of wealth and the transfer of quality of life. Using a computer simulation, it can be shown that, when tracked separately, the transfer of wealth and the transfer of energy (or life quality) give very different results. Find out more about [[:free_trade_wealth_vs_energy_model|]].