Difference between revisions of "The Square Root of Capitalism"
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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."<ref> | "Nothing ever comes for free."<ref>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 </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> | 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> 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 </ref>. | ||
Appropriate questions likely useful in this regard are: | 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> | # 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> Credit is given to the source, an individual in the clergy whose identity can be revealed with their permission </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> | # 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> ColdFusion TV channel on YouTube and more specifically: https://www.youtube.com/watch?v=mzoX7zEZ6h4 </ref> | ||
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> | 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> Credit to a legal professional whose identity can be revealed upon enquiry, pending their permission. | ||
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Revision as of 20:21, 21 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:
- 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].
- 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]
- ↑ 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.