Friday, June 19, 2015

The Destruction of Poverty




Our Capitalist System uses money to distribute Goods & Service to consumers. It uses money to acquire Labor and productive capacity to produce Goods & Service. Money used by end point consumers is mostly acquired by wages from jobs. We are moving toward a technological automated economy that is rapidly reducing the use of Labor to earn wages that will sustain life. 

If you distribute money to the primary Point of Sale  
[the consumer] of the consumption of food, shelter, Medical care, and education, the money will flow into the economy and create maximum growth of the jobs that produce these Goods & Service. That can be done with a Basic Income administered by Social Security

 If you use a Flat tax system to remove excess money from the economy to prevent inflation the system can be moderated at the fulcrum of supply & demand.  The Owners of Capital Infrastructure can continue to earn profits. The masses will  enjoy the Liberty to chose ones Life path that grows from the Freedom from Want that comes from sufficient food, adequate shelter, effective Medical care, and equal opportunity to learn Life skills.  We must become Communitarians and merge the Competition for Reward with the Cooperation of sustaining life "for the least of these".
  

  copyright © William Hodge 2015

                                                                              

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