Thursday, 3 March 2011

The Principle of Economy... Or what it Ought to Be

The other day I was watching one of the DVD’s that goes with my Economy module for this Semester and an interesting point opened up.
The guy in the video was explaining how the ‘basic’ Principle of Economy in essence works with three point:
1.     We have a certain amount of limited resources.
2.     There’s a certain amount of Beings that require these resources
3.     How do we get those resources to those Beings?
But now the interesting thing is that in real life this is not really how it works.
Instead it follows the following Principe:
1.     We have a certain amount of limited resources
2.     There’s a certain amount of Beings that require these resources
3.     Not everyone can pay for these resources
4.     How do we get the resources to the people that can pay for the resources
So – we’re not looking at basic common sense practicality where you know if a child were to set up an economy it would look at “okay how much is there of this, there’s so many that need it, how do I get to there’. That seems to be the most simply way of dealing with the situation.
Though in reality this is not how it is applied . No, instead we’re playing a game of win and lose where if you have money you are part of the winners and if you have none well then you’re not even a loser, you don’t even have the privilege to ‘play’ the game.
So how did it get this far that we allow basic points such as the allocation of basic resources that everyone needs be directed by only money. Why does money decide where what goes? Why can’t we just decide from a starting point of Common Sense and what is best for all?
Obviously the solution is already outlined in the initial principle mentioned – but since we are in a current World System that works with Money to move every single point – the only possible way to correct this “mistake” is to give everyone Equal Money! Because – if everyone has Equal Money then everyone can access the Basic Resources = Problem solved!
Also – if we have a look at the current System and what our “limited resources” are being used for = it’s a whole lot of bunch of CRAP: technology with an expiry date, shoes that fall apart in a matter of months, clothes that look pretty but require a manual for you to know how to put it on, make up, shampoo, food that is not food – basically most of the things that you see in your everyday mall are products of consumerism that support the profit making money game. They have no other practical use whatsoever.
So instead of moaning about ‘our limited resources’ and ‘we’re gonna have to up the prices, because the resources are getting more scarce’ – we should have a look at what we are spending our precious resources on and if it is really worth it. Because if I look at all the crap in this world that is being produced – 98% is all just for profit – where foods are being produced in masses and get thrown away, where there’s hundreds and thousands of designs and brands for a single object, just so you can have your ‘choice’. It’s too much and we don’t need it.
So Imagine in an Equal Money System, where we stop wasting our resources on useless crap – just imagine what is possible and what future we can secure for those still to come.
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