Day 210: New Sin Tax on Sugar Introduced!

Yes - finally - after years of raising sin taxes on tobacco and alcohol - governments have started seeing that the most harmful substance was still rampantly being consumed, a substance that not only influences and damages the health of adults and teenagers - but of children too. Governments are finally raising a sin tax on any products that contain Sugar - and with Sugar is not meant Sucrose, but fructose specifically - as this is the harmful...

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Day 207: Will Equal Money Bring about a Utopia?

It's interesting when the concept of Equal Money is introduced on discussion boards, on the one hand the Equal Money Team is blamed for being Utopian and on the other hand is being blamed of being fascist. So - let's look at the Utopia point in this blog and in the next one look at the fascism point. Will Equal Money Capitalism bring about a Utopia? Introducing Equal Money will definitely change our society and solve many of the problems we...

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Day 186: The Invisible Hand is Invisible because it Doesn't Exist - Equal Money Capitalism and Providing Results that are Best for All

Another fascinating point that is backwards in our Capitalistic System today is the philosophy that if each one acts in a way to satisfy their own self-interest, these self-interest acts will kind of balance each other out in a way that generates results that our beneficial to society as a whole. This is what economists refer to as 'the Invisible Hand'. When then confronted with the obvious failures of the current economic system, where so many...

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Day 180: The Word 'Capitalism' in 'Equal Money Capitalism'

The Problem If we want to correct the current capitalistic system, we have to correct the very starting point as what drives capitalism at the moment. And to do this, we look at the meaning of the word 'Capitalism' and what the origin is of the word in terms of how it is currently defined - as this will reveal the essence of the problem from which all the inadequate consequences of the current economic system as 'capitalism' flow. Once we see...

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Day 163: Equal Money Capitalism - Redefining Profit

Note: The EMC is an entirely new project that was started 2 days ago. We’re at the moment in the phase where we are brainstorming by answering questions. It’s a messy process – but an effective one to get all the relevant points addressed. So – also note that points will evolve and change as we go as we are not setting things in stone, but on a journey towards designing the EMC. The principles upon which EMC is based are laid out in the previous...

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