What colour best represents my views on the economy?
My views on the economy:
•The economy must be run democratically, so that all the people have a say rather than strictly the hands of the few. The economy must also have integrity or an ethical core, no economic or business decision is to be made without raising the question of integrity of ethics.
•As Franklin D. Roosevelt said in his second Bill of Rights “true individual freedom cannot exist without economic security and independence”. All citizens need the right to jobs, income, and economic security and, at the same time, independence. Poverty and crimes caused by poverty are caused by economic deprivation and inequality. Monopolies must not be allowed to occur, and the economy must be regulated to ensure that monopolies do not occur.
•The rich must give whatever they can to the community, which must then distribute that contribution to the poor based on what they need.
•It’s so sad that something as simple as water is bottled up as a consumer product. It’s also sad that basic resources are branded as consumer products.
•I agree with Jacque Fresco’s resource-based economy.
•I think that extremely wealthy corporations need to act socially responsible and contribute to society.
•Whatever economic system is put in place, free market or state regulated, it should not inhibit freedom and individual rights of any individual and it should try to work for the good of the people and not just for itself.
•Corporations that take resources out of other countries must pay the people of said countries, thereby the people of a country should benefit from their country’s resources. Land rights should belong to the people. The resources of a country should be used to help the people of said country.
What colour goes best with these views? Animal to go with it optional.
I'm asking again because the answers didn't seem right.
Asked By: King of Chaos - 12/29/2010
I like your views, but your suggestions are still victim to interpretation. Ie:
1) "The economy must be run democratically"
The economy is just the stats we use to track trade (buying, selling, borrowing, etc). How are stats run democratically? Perhaps I just don't understand the question.
2) "The economy must also have integrity or an ethical core"
Who defines "integrity" and what makes some actions "ethical" and others not?
3) "All citizens need the right to jobs, income, and economic security and, at the same time, independence"
In our current economic model, everyone needs a job and income, but no employer can be forced to higher a particular person. Who defines why "economic security" means? I'm not sure how independence fits with the other nouns in this sentence.
Instead, I suggest simplifying it. All persons have the right to a home, clothes, food, education, medical care, and some kind of entertainment. Notice "money" and "job" and "income" are not in the list. Money just facilitates acquiring what we need (the things in the list).
4) "Monopolies must not be allowed to occur, and the economy must be regulated to ensure that monopolies do not occur."
The nature of capitalism is the struggle for corporations to become monopolies. Attempting regulations to prevent monopolies changes capitalism into totalitarianism.
Instead, perhaps the question is, how can we have an successful sustainable economy that is not capitalism.
5) "The rich must give whatever they can to the community"
The rich already "give whatever they can". This is way too subjective. Many people, especially the rich, donate whatever they think they can. Really, can they donate more? Of course. It's impossible to define "whatever they can". This would lead to no change from our present system.
6) "extremely wealthy corporations need to act socially responsible and contribute to society"
Like (5), leaders of corporations already believe they are acting socially and contributing to society: They are providing the goods and services society needs, are employing people in their local communities, are doing some charitable donations, etc.
There is no way to define in black and white (without allowing subjective interpretation, resulting in holes people/corporations can worm through) what "acting socially responsible and contributing to society" means.
7) "Whatever economic system is put in place, it should not inhibit freedom and individual rights of any individual and it should try to work for the good of the people and not just for itself"
Don't use the word "should" in recommendations. "Should" implies that the recommendations don't have to be followed or cannot always be followed.
8) "Corporations that take resources out of other countries must pay the people of said countries"
They already do this, but the money doesn't go directly to the people. The money goes to governments and other corporations that control those resources. There is no way for the money to go directly to individual people. Someone always has to receive it and decide how it should be distributed. This power inevitably leads to favouritism and corruption.
9) "Land rights should belong to the people. The resources of a country should be used to help the people of said country."
Amen. And, if I may add, "Those resources can only be used if they can be managed in a sustainable manner for all people, living today, and future generations."
I like your general views, but the details in your recommendations would result in no changes from our current economy.
Instead, consider if a new kind of economy is possible: An economy that doesn't depend on money. Is it possible for an economy that provides for the needs of everyone, and can do so in a manner that protects the planet's resources? An economy that doesn't force people to work at meaningless jobs they don't like? An economy that has does not allow fallible humans to act as leaders?
An economy that embraces science and uses only our latest understandings and technologies?
Surely this would be a gold-coloured view.
Answered By: bkyle - 12/29/2010