limitations_of_the_market_system
Differences
This shows you the differences between two versions of the page.
Both sides previous revisionPrevious revisionNext revision | Previous revision | ||
limitations_of_the_market_system [2020/11/15 14:08] – freeworlder | limitations_of_the_market_system [2021/08/04 06:11] (current) – external edit 127.0.0.1 | ||
---|---|---|---|
Line 3: | Line 3: | ||
Our current economic system is based on a system of [[: | Our current economic system is based on a system of [[: | ||
- | 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 [[: |
Though useful, it has many drawbacks, and in today' | Though useful, it has many drawbacks, and in today' | ||
Line 30: | Line 30: | ||
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. | 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 [[: | ||
limitations_of_the_market_system.1605449317.txt.gz · Last modified: 2021/08/04 06:11 (external edit)