Should we start a new economical system or should we fix our culture?

The way I see it our current culture and economical system do not go well together. Which one is harder to fix? Which one should we fix? I have been pondering this question for a while and would like some input since this does retain to the sustainability of the United States of America as well as many other countries worldwide.

 

The economic system is broken because we pay interest on our own money to borrow it from ourselves. If it weren't for that fact, taxes may not even exist and so much of America's needs could be met by the federal government in terms of needing roads, bridges, communication systems, space exploration, science and technology and on and on. But forcing ourselves to pay interest on our own money is simply criminal, but you have to look at the Federal Reserve Act of 1913 to see how it culminated into what we have now. It would only take the swipe of a pen to change how we manage our monetary system today, but instead our politicians point fingers and use false arguments about debt to engage in political combat with each other.

The banks own control of the government because whoever controls the money controls the game.

http://quotes.liberty-tree.ca/quote_blog/Mayer.Amschel.Rothschild.Quote.8BED

 

That's not quite what I meant. Forget the national deficit for a second. Wether or not that was still their, the ideals of our societies based on our culture does not mix well with our economy. People always expect to get more of what they want with little to no work yet when they realize that it takes more work than what they thought they want a better job and it doesn't exist so quite a few give up their and stop working all together.

 

I don't know the answer to what you just explained, but I do feel that greed in our system is taking over and growing daily. We continue to feed the rich at the expense of the poor and middle class, and banks possess more property in the US than at any point in history I know of (through foreclosures). How do you root out greed? Greed is our way of doing business and it possesses us within our culture.

 

I realize this fact but I am not speaking of this in that way I am merely going with how poorly our economic system co-operates with our culture.

 

I don't think the culture is really fixable. You can band aid it a bit if you gear public policy to deincintivize bad behavior, but the fact that those changes are so difficult to make go back to the culture in the first place.

 

I agree with this as the fact that culture degrades over time has been shown throughout history as history repeats itself. So does that mean that we should find a new economical system? However I am strongly against just putting limits on our current economic system to stop corruption as that would displease many a person including myself. Rather, we should create a new economic system that would create an environment where at least most corrupted activities are harder to achieve.

 

Richard Wolff is an economic professor with very strong Marxist economics beliefs. But he makes a case for capitalism that is intriguing. Basically he suggests a government pool of funds available instead of unemployment where you choose a lump sum instead of monthly check, but it must be used to start a company within specific guidelines. The concept is that you create it with a limit to salaries between lowest earner and highest earner, whether it is 10x, 15x, whatever. But that limit remains through the life of the company and serves as a foundation to allow it to profit well and pay people well. The company isn't a corporation, but rather a co-op, and all employees have a say in what to produce, where to produce it, etc. What it does is establishes a company in a location and allows all employees to decide whether to move to another location, whether to outsource, etc., and the idea is that people will not destroy their own economic conditions in favor of higher profits for a company, which results in the company staying where it is and everyone sharing in its success. Top earners still get a much larger share than lower end workers, but not at the grossly out of proportion levels they're at today.

His idea is pretty awesome and it would not have to impact current corporations because they weren't created under those guidelines. It would be a gradual migration as more and more companies were built that way. It would probably take hundreds of years to change the business climate overall, but it would empower employees, give them a sense of belonging and pride, and control pay to reasonable levels while allowing profits to be whatever the company can achieve.

I have not studied his ideas enough to understand them fully and what their impacts and implications could be, but at least it's a forward-thinking method of creating wealth while caring for workers and executives with reasonable expectations of pay, profit, business decisions, etc. This has already been done in Italy to some degree so the potential is there.

Wolff is very intriguing to listen to, but one must keep in mind the angle from which his economic theories come. More about him at http://rdwolff.com/

 

I don't think you can just think up a new economic system. Do you have specific ideas?

 

You provide an excellent point Lil Mike. I actually do not which is why I am impressed with SMDBill's post as they put research into their answer and put ideas and well though opinions in.

-Mill Changer

 

I think that we should do both!!!!!??

http://www.politicalforum.com/showthread.php?t=341564&page=3&p=1063697883#post1063697883

New Age Communities can print local currencies finance films that address problems?!



At this time I tend to believe that New Age Groups may be the most likely to successfully initiate local currencies and use them to finance film projects in which homeless people could become actors playing the role of homeless people.... .which could easily finance their buying or renting homes????!!!!

 

local currencies do not work. They are basically counterfeiting . We tried that, under the Confederation, the first decade of US independence

 

I have reason to believe that the value system of North Americans is about to undergo a major change.

This sure fits with what former atheist and near death experiencer Howard Storm saw would happen over the next two centuries in America.


http://www.near-death.com/storm.html#a04

 

So is the section in this article about the application of the Worgl, Austria experiment in hundreds of American towns during the Great Depression incorrect?

http://www.whatcomwatch.org/php/WW_open.php?id=717

For the record I do admit that local currencies can experience many types of problems but..... if the desire for an alternative is strong enough... such as was the case during the Great Depression.... under those conditions they can provide a viable alternative for many people.

 

what culture are you referring to? the entitlement and dependency culture cultivated by liberals? is that the culture you are referring to? if so that is an easy fix stop with the hand outs to the capable. hunger is a great motivating factor to become self dependent and self reliant

 

Or it can also inspire us to cooperate more with a group of people...… combine resources...… and begin to play the economic game at a higher level.

I actually work in the town of Antigonish, Nova Scotia where this movement began.

http://en.wikipedia.org/wiki/Antigonish_Movement

 

There is evidence that 13 Colonial Scrips worked quite well back in 1750.

http://rense.com/general66/nobeyb.htm

 

Who is John Galt?

 

I saw a film several years ago that did a great job of explaining how a large corporation will begin to behave more and more like a sociopath as it becomes more wealthy and powerful.


http://en.wikipedia.org/wiki/The_Corporation_(film)

 

In a way....... each of us has the capability at this time in history to become like "John Galt."

http://en.wikipedia.org/wiki/John_Galt


www.BankingSystemFlaws.blogspot.ca/

 

poor people should just stop having kids. they can't raise them properly, and it causes them to remain in poverty, and imposes misery upon said kids. After 3 generations of them wise up in this manner, presto, no more poor people. It really is that simple.

 

Except…. that the children of somewhat poor families are often far far far happier and well adjusted than the children of the wealthiest one percent of the population!

Dr. Ross Campbell wrote that if parents will give their children 1. Focused Attention 2. Eye Contact 3. Physical contact…. then they will feel loved and accepted……… but giving them designer clothes, a sports car and all the latest techno gadgets…. will not necessarily make children happy!

 

Wonderful if desparing rant from the plain-speaking Channel 4 Economics editor.

http://www.huffingtonpost.co.uk/201...nks-channel-4-economics-editor_n_6150374.html

 

I'm not in favor of trying to repair anything anymore. I'm in favor of each state going its separate way with defensible borders between states, individual state currencies and individual state governments, answerable to no one.

 

Wow!

So obviously you would support the idea of a Utah State currency?

http://www.politicalforum.com/polit...-could-utah-state-dollar-save-usa-dollar.html

Could a Utah State Dollar save the USA Dollar?



Have you seen any of the following films:

1. The Future of Food
2. Food Inc
3. The World According to Monsanto.

If so..... then you know that the USA dollar to some degree is linked to and backed up by a plan to control the world's production of food in such a way that could eventually produce global famine.