Exploring Heterodox Economics, Mainstream Economics, Finance, Computing, Environmental Sustainability, and Emerging Technologies. This Blog also promotes awareness of a Modern Universal Paradigm known as Transfinancial Economics (via page links) which is arguably the most advanced, and most "scientific" form of Economics of its kind.
Imagine a world without poverty, or hunger, or
homelessness. Imagine a world where all live in decent homes, with
plenty to eat. Imagine a world where everyone has access to a good
education, and everyone lives in a safe clean community without fear of
crime or violence. Imagine a world where every person has good medical
care, every senior citizen can look forward to a secure retirement, and
all disabled and elderly can afford assisted living and elder care in
their declining years.
A world of prosperity
Imagine a world where economic wealth is
efficiently created and equitably distributed. Imagine a world where
jobs are plentiful, unemployment is low, and workers are well paid.
Imagine a world where every adult receives an income from dividends on
capital assets that is large enough to support a decent standard of
living. Imagine a world where average income consistently increases more
than 5% per year.
A world of opportunity
Imagine a world where opportunities abound to
become rich, but no one is poor. Imagine a world, where there is no
limit at the top for how wealthy anyone can become, but there is a limit
at the bottom that prevents anyone from sinking into poverty. Imagine a
world where everyone has an opportunity to succeed in any field of
endeavor, including professional, business, and finance – and no one is
homeless, or hungry, or without financial means. Imagine a world where
many are wealthy, and all are financially secure.
A world without pollution
Imagine a world where growing economic prosperity
and high living standards are environmentally friendly. Imagine a world
where society is both able and willing to afford the cost of a clean
environment. Imagine a world where the air is pure, the rivers are
clean, streams and lakes are clear, the environment is protected, and
wild life and wilderness are preserved for future generations. Imagine a
world where clean renewable energy is inexpensive and easily available.
Imagine a world where the power to light, heat, and air condition our
homes, to power our cars, to run our transportation systems, to brighten
our cities, and to power our industrial facilities is derived entirely
from renewable sources that generate no air or water pollution and
create no risk of radioactive contamination.
A world without war
Imagine a world where nations live in prosperity
and peace without terrorism or war. Imagine a world without dictators
Imagine a world where poor and ignorant masses no longer exist to be
exploited by political and religious zealots. Imagine a world where all
are too well educated and financially secure to be seduced by bigots or
tyrants. Imagine a world where historical grievances have been consigned
to the past, and where political passions are inspired by realistic
hopes and dreams of opportunity, prosperity, and longevity.
My plan to achieve my vision
My plan is simple in concept. Increase the rate of
wealth production by raising the rate of investment through public
funding and personal savings. Distribute the returns on public
investments directly to the people through dividends. I call this
Peoples´ Capitalism. At the Peoples' Capitalism website
I explain in some detail how public money could be raised and invested
in profit making enterprises that pay dividends to the public on an
equal per capita basis. The result would be rapid and stable economic
growth, from which everyone would benefit. Everyone would own a share in
the means of production. Everyone would be a capitalist. Eventually,
public dividends would rise to the point where poverty would cease to
exist. A clean environment would be affordable, and the primary source
of tribal, national, and religious conflict would be eliminated.
Humankind would enter a golden age of peace, prosperity, and
Peoples' Capitalism: The Economics of the Robot Revolution by