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Difference between revisions of "The Square Root of Capitalism"
The Square Root of Capitalism (view source)
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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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