In the most basic sense, ALL that exists in an economy is a byproduct of the Earth and its “eco”-systems (no surprise both ecology and economy have the root “eco”). Both human “resources” and natural “resources” are the heritage of the Earth and obviously the well being of the environment and eco-systems that created them should be of utmost concern. These eco-systems allow for our continued prosperity and hence the well being of any economy existing on top of it.
If we take a moment to look at the underlying control systems of the economic system and look at how those systems are creating our current situation of environmental waist as well as it’s general disregard, maybe we can see ways to direct the development of new decentralized autonomous economies (DAE) built around automated blockchain systems with 100% transparency and hence, designed for fairness to all. Lets see where this analysis takes us, shall we!?
PROBLEMS of the CURRENT ECONOMIC SYSTEM
Well there are so many, I’m sure to miss some (please suggest more in the comments below the article), but here goes anyways:
- Disregard for the environment and ecosystem longevity
- Planned Obsolescence
- Designs for Production Cost not Recycling Ease
- Corporate Veil of Protection
- Externalization of Expenses
- Eternal “life” to amass assets
- Equal rights to a Living Man
- Government Subservience to Corporate Supporters
- Military Industrial Complex
- Economic Hitmen
- Central Banking of Fractional Reserves
- Central “(un)trusted” 3rd Parties that can Block or Close Accounts
- Money Supply
- No Money is Created to Pay Interest, Only to Lend Principle
- The Banks have a Policy of Inflationary Currency
- There is No Backing to the U$
Now that’s a BIG list,,, and I’m sure I’ve missed something(s) really important, but none the less, here we go with a deeper look.
DESIGN, PLANNED OBSOLESCENCE & DISPOSE-ABILITY
Back in the day, there was a company called Bell Telephone and they were a virtual monopoly for landline communication. You could not “buy” a phone back then, the Bell installer would bring you a phone that Bell owned and put it in your home. Those phones were bulletproof, you couldn’t break them unless you were trying really hard, like with a sledgehammer.
Ya see, Bell Telephone had an interest in making a “reliable” phone, as it kept their maintenance costs down. Now a days you have Apple Computer being caught making “mal-ware” that causes their last model iPhones to become slow,,,, why? So that the customers will go buy the new model. You see, if Apple can’t keep selling more phones their profits and hence stock price will go down. Apple’s incentive is not for a “quality long lasting product”, no its just the opposite, their interest is a “pretty” phone that operates well in the beginning but is easily broken and programmed to become obsolete within a few years.
Of course “Tech” is not the only place this happens, it historically has happened in many industries, like the Automotive Industry (see the movie: TUCKER – A man and his dream).
If that were not enough, for similar reasons corporations and companies have an incentive to make disposable products as opposed to reusable products. Also there is absolutely no incentive for a company to try and make a product that is easily recyclable, meaning the different materials are put together in a way that they are easily separate-able at the end of the products life cycle. Currently the only design consideration is CHEAPNESS of MANUFACTURING. Again the affects of this can be seen in the Automotive Industry where mechanics spend hours doing routine maintenance because there was never any consideration in the design for the work they would be doing later. The only concern was “Sticker Price”.
IMMORTAL, IMMORAL, LIABILITY SHIFTING ENTITIES
Corporations are so ubiquitous today that most people think they have always been around. In fact many people that I have talked to believe that modern society could not run without corporations. Nothing could be further from the truth.
Historically the people knew that Corporations are subject to abuse. For this reason corporations were only formed for TEMPORARY periods in order to perform PUBLIC SERVICE PROJECTS. Corporations provide a “veil of protection” to its stockholders so that they are not personally liable for any injury or damages caused by the corporation. For this reason a Corporation needs to be granted permission to exist by the State (the People). In the past this was done for reasons like building a bridge to expand and make more accessible a town. In such a case its not fair to put all the liability on the people doing the work, as they are not the prime beneficiary of the work, the town is. In this way, the town can assume the liability of the individual workers thereby allowing the project to get completed.
Corporations were never intended to take on lives of their own and continue throughout time, amassing and hording wealth in an ongoing effort to exist and expand at all costs. The fact that they can do this, and are NOT “living men” and have no understanding or dependence on the health of the environment, is a major cause of our current situation. In fact, pretty much since the 14th and 15th amendments to the US Constitution, Corporations have been considered EQUAL to LIVING MEN, as far as “Rights” are concerned. This is a travesty, as it is obvious the value of a LIFE far exceeds the value
of a “fictitious entity” created from ink on a piece of paper.
M.I.C., ECONOMIC HITMEN, FRACTIONAL RESERVE BANKING & OVERLORDS
“In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the Military Industrial Complex. The potential for the disastrous rise of misplaced power exists and will persist.” – Dwight D. Eisenhower, 1961
Yes, we were warned, but it doesn’t seem like anyone paid attention or cared. Hence we have what you see here today, trillions of dollars wasted on death and destruction with the sole beneficiary being the bank owned military industrial complex.
I think Major General Smedley Butler summed it up the best:
It would seem, based on the above facts, that the current economic system is controlled by the banks and the Military Industrial Complex and serve to line their pockets at the expense of everyone on the planet. But this isn’t the Bankster’s only tool of enslavement, no, they have Fractional Reserve Banking also. Yes, at this point it would seem that the economic system we live under is not made to help the common man and the prosperity of the planet, no not by a long shot, its obviously designed By & For the Benefit of the Banksters. This has to change.
In fact they have gotten so good with creating tools to achieve their domination of the world that now we have “Economic Hitmen” as describe by one:
And now all our money flows through these evil banks and at any moment they can restrict you participation in their economic channels. After all when you deposit money in a bank, it becomes an asset on their balance sheet, hence it is NO LONGER “Your Money”. How can an intelligent, humane people accept such an “economic” system? I find it repulsive.
MONEY CREATION, INFLATION & BACKING FOR MONEY
The way money creation works is that if you deposit $100 in a Bank, then the bank is allowed to loan out $900 in loans, effectively creating the money out of nothing and charging interest for it. If this were done by anybody else it would be called “COUNTERFEITING”. The Government also creates money by issuing Bonds to the Federal Reserve Bank (a private bank) and they give the Treasury the equal amount of money. Unfortunately, just like with individual bank loans, the money to pay the Interest is never created, only the principal that was lent. This make repayment of all debts an impossibility as the money to pay the total debt doesn’t exist and was never created.
If that were not enough, they don’t just increase the money supply to match the increased veracity of the economy, no they create INFLATION. This effectively robs people of their savings and in so doing encourages people to SPEND their money now before it becomes less valuable tomorrow. This to helps the bank owned corporations (Investment Banks own a huge portion of the stocks and maintain a majority control). A University study was done and the connections of the System of Global Corporate Control was laid out, supported by the math and facts. It is a very interesting study:
All one can say is “WOW”, I mean only 700 “persons” (aka Corporations or men) control 80% of the International Corporations, and we know the corporations run the individual nation states. This is starting to look very bleak.
Finally we find that since 1971 the US dollar has no more backing. No gold in Fort Knox, no silver, only ink on paper and the Government’s promise to enslave the US citizenry if they can’t cover the debt.
“We’re in a lot of trouble” – Network
CORRECTIONS THAT COULD MAKE THE ECONOMIC SYSTEM MORE FAIR
Well now that we have a handle on the source of the problems, it should be a fairly straight forward process to get to some ideas on how to:
“MAKE A BETTER SYSTEM that MAKES THE OLD ONE OBSOLETE” – (Buckminster Fuller).
- A currency should also be money – meaning a good currency is BACKED by something.
- Neither Inflation nor Deflation are good for an economy, a currency “value” should stay constant.
- A currency needs to be outside the control of governments that would cave to corporate bribes and abuse its power.
- If States won’t control their Corporate Entities, then those Corporations should be excluded from the benefits of a sound currency/money and economic system.
- A beneficial economic model would promote recycle-ability and re-use-ability in its most basic functioning.
These are excellent guidelines for creating a Decentralized Autonomous Economy (DAE) and I encourage everyone to play with ideas on creating one. I do know of one project that addresses all of these issues, its call the Transitional Resource Monetary System (TRMS) and it currency/money $MRT that is backed by recyclable content in products. It was created around the same time Shitoshi was creating Bitcoin, of course back then it was not designed for a crypto environment, as one did not exist yet, but now it is being modified and the future looks bright.
Please take some time and read the following article to see how ideas like these can be created and implemented. Thank you for reading and learning about the possibilities we now have to create a BETTER ECONOMY than ever could have existed in the past.
PURA VIDA !!!
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