The Square Root of Capitalism: Difference between revisions

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The square root of negative one is a way of jumping off of the number line and into a new dimension. Once you start to explore this new territory, you realize how fruitful it is.
The square root of negative one is a way of jumping off of the number line and into a new dimension. Once you start to explore this new territory, you realize how fruitful it is.
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Perhaps the most important concept that everybody first needs to understand is the following:
Perhaps the most important concept that everybody first needs to understand is the following:
"Nothing ever comes for free." - Kevin Mitnick (from "The Art of Invisibility©")
"Nothing ever comes for free."<ref><sup>1</sup></ref>
 
Once that important publicly known concept is grasped to satisfaction, we may consider proceeding as follows: in order to get useful answers to problems, we need first to ask the right questions<ref><sup>2</sup></ref>.
Appropriate questions likely useful in this regard are:
# Why do wealthy entities always give a sizeable proportion of their profits to non-profit organizations (which is generally considered a good thing), in line with advices given in some ancient scriptures, even though this is not required by law? <ref><sup>3</sup></ref>.
# Why is such a huge proportion of the financial industry profit-driven and reliant on interest rates for the purpose of creating yet more money?<ref><sup>4</sup></ref>


Once that important publicly known concept is grasped to satisfaction, we may consider proceeding as follows: in order to get useful answers to problems, we need first to ask the right questions (credit to Douglas Adams in "The Hitchikers Guide to the Galaxy©"). Appropriate questions likely useful in this regard are:
Instead of charging interest, perhaps we need to shift our focus towards the general good for the public (i.e. stabilizing the economy) and endeavour upon this goal in a gradual yet decisive and responsible fashion.<ref><sup>5</sup></ref>
1. Why do wealthy entities always give a sizeable proportion of their profits to non-profit organizations (which is generally considered a good thing), in line with advices given in some ancient scriptures, even though this is not required by law? (credit is given to the source, whose identity can be revealed with their permission).
2. Why is such a huge proportion of the financial industry profit-driven and reliant on interest rates for the purpose of creating yet more money? (credit to the source on YouTube, pending the relevant author's permission)


Instead of charging interest, perhaps we need to shift our focus towards the general good for the public (i.e. stabilizing the economy) and endeavour upon this goal in a gradual yet decisive and responsible fashion (credit to another individual whose identity can be revealed upon enquiry, pending their permission).
'''References:'''
# Kevin Mitnick,''The Art of Invisibility: The World's Most Famous Hacker Teaches You How to Be Safe in the Age of Big Brother and Big Data'' Publisher: Little, Brown and Company (February 14, 2017)ISBN-10: 0316380504 ISBN-13: 978-0316380508
# Douglas Adams - ''The Answer to Life, The Universe and Everything'' in ''The Hitchikers Guide to the Galaxy, A Trilogy in Four Parts'' Publisher: Del Rey (April 30, 2002) ISBN-10: 0345453743 ISBN-13: 978-0345453747
# Credit is given to the source, an individual in the clergy whose identity can be revealed with their permission
# ColdFusion TV channel on YouTube and more specifically: https://www.youtube.com/watch?v=mzoX7zEZ6h4
# Credit to a legal professional whose identity can be revealed upon enquiry, pending their permission.

Revision as of 22:24, 20 June 2020


The square root of negative one is a way of jumping off of the number line and into a new dimension. Once you start to explore this new territory, you realize how fruitful it is.

Is there a way of looking at capitalism in a similar way? Is there an undiscovered dimension that we're missing that could help us to reframe our current economic theories and see a larger solution space?

Perhaps the most important concept that everybody first needs to understand is the following: "Nothing ever comes for free."[1]

Once that important publicly known concept is grasped to satisfaction, we may consider proceeding as follows: in order to get useful answers to problems, we need first to ask the right questions[2]. Appropriate questions likely useful in this regard are:

  1. Why do wealthy entities always give a sizeable proportion of their profits to non-profit organizations (which is generally considered a good thing), in line with advices given in some ancient scriptures, even though this is not required by law? [3].
  2. Why is such a huge proportion of the financial industry profit-driven and reliant on interest rates for the purpose of creating yet more money?[4]

Instead of charging interest, perhaps we need to shift our focus towards the general good for the public (i.e. stabilizing the economy) and endeavour upon this goal in a gradual yet decisive and responsible fashion.[5]

References:

  1. Kevin Mitnick,The Art of Invisibility: The World's Most Famous Hacker Teaches You How to Be Safe in the Age of Big Brother and Big Data Publisher: Little, Brown and Company (February 14, 2017)ISBN-10: 0316380504 ISBN-13: 978-0316380508
  2. Douglas Adams - The Answer to Life, The Universe and Everything in The Hitchikers Guide to the Galaxy, A Trilogy in Four Parts Publisher: Del Rey (April 30, 2002) ISBN-10: 0345453743 ISBN-13: 978-0345453747
  3. Credit is given to the source, an individual in the clergy whose identity can be revealed with their permission
  4. ColdFusion TV channel on YouTube and more specifically: https://www.youtube.com/watch?v=mzoX7zEZ6h4
  5. Credit to a legal professional whose identity can be revealed upon enquiry, pending their permission.
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  5. 5