Re: Old Hat Thinking, and Understanding.
The old redistributionist argument for the gaining of financial wealth via taxation is laudable as far as it goes. However, it is often very difficult to achieve especially in connection with tax "avoidance" by corporations. Morever, we need more intelligent, and visionary thinking which could become practical reality with the help of relevant experts. Here, one refers to the development of Transfinancial Economics. In such a "futuristic" system in its more advanced stage, it would be possible to create new money electronically without fear of serious inflation, and currency devaluation. In present day economics, interest rates, and tax rises are the basic means to try, and achieve "control" over inflation. With advanced stage TFE, direct electronic means would probably be more effective, and powerful to achieve this, and would not seriously damage the Free Market Price in the present capitalist system. The implications of this are far-reaching for the social, economic, and political development of the world. It could also end poverty as there would always be the funding at the ready. Using redistribution is the hard way to achieve all this. Whether we like it, or not the rich, and the super rich will fight to ensure that they can keep as much of their profits as possible. Advanced stage TFE ultimately goes beyond the usual "obssession" of redistribution, and offers the possibility of financial easing for many socio-economic project without using earned money, and/or earned tax money all the time.
The following text is on the subject matter of the main article
Jon Queally's ZSpace Page / ZSpace
- a reversal of the trend towards more regressive forms of taxation;
- a global minimum corporation tax rate;
- measures to boost wages compared with returns available to capital;
- increased investment in free public services and safety nets.
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