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The Square Root of Capitalism: Difference between revisions
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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 | "Nothing ever comes for free." - Kevin Mitnick (from "The Art of Invisibility©") | ||
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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: | |||
1. Why do wealthy entities always give a sizeable proportion of their profits to non-profit organizations (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 will 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) | |||
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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). | |||