This is an important question for anyone that wishes to live in an egalitarian society. If we naturally form hierarchies equality can only exist for a short time or by suppressing our natural instincts. And to suppress our natural instincts goes against one of the fundamentals of equality. Freedom! While reading up on this [...]
I have found what looks like mathematical proof that the FSFP (Flow Siphon Flat Payment) does encourage better markets, more equality and a more fluid interaction of many individuals across many markets. It does what I thought it would! It turns a stagnant pond dwarfed by a rigid hierarchical tsunami into a fluid, vibrant market [...]
Continue reading …We have seen with the ABS study into wealth that interest is the cause of inequality. The startling graph (see below) from the Tri-year ABS study into wealth puts in plain graphics what we have always known, that people on below average incomes need to borrow to survive. They survive while those in the top [...]
Continue reading …Back in the late 19th century an Italian engineer-turned-economist named Vilfredo Pareto was coming up with some interesting notions regarding wealth distribution. Pareto had noticed that quite a bit of Italy’s wealth seemed to be concentrated in the hands of only a few people. After some diligent work, he determined that approximately 20% of the [...]
Continue reading …You would have to be blind Freddie to think all is well in the world. We have the European Union on the brink of collapse, the USA about to go into a double dip recession, revolutions sweeping through the Arab world, Pakistan a nuclear power close to becoming a failed state, global recession likely and [...]
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