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Money and Economy

[396] Playing, as the children do it, is by itself nothing bad. Different it is with gambling or when playing for money in an arcade or a casino. I hold more of it to use the earned money to a not inconsiderable part as non-profit or charitable donation. There is still as much misery in the world that gifts are inappropriate to a state that donates only a fraction of its expenditures.

[571] Those should in particular donate, who earn enough and cannot realise themselves personally in aid projects. Donating is more important than the paying of membership fees to a religion. However, even religious communities are dependent on donations, as they are an important service to humanity. Ultimately, the conscience should decide what means as much to one, but is to donate.

[572] It is particularly difficult to donate into areas in that man wastes money by mistakes like mismanagement and corruption. We can only hope that regimes and incompetent rulers will be vanished in the future. This is particularly the case when there is a world government that has the power to proceed against them. The importance of national governments should decrease in the future.

[1068] Unfortunately, in science too often issues are treated that merely can be called academic problems. It is certainly true to increase the knowledge in the world, but not at the price, to have not approached resp. solved the really important problems actively and efficiently. A world government very clearly has to prioritise, what problems when and how are to approach.

[1069] Thus, it should determine who obtains when what development funds and who is how prepared for what problem. If somebody wants to handle a problem on zis own, so this is to concede to zer within the framework of equity, even if a special funding does not happen. It may take a flyer on the forces of the free market, but makes sure that nobody infringes the laws and rules of the game valid for zer.

[1070] It supports the problem solving process by providing the appropriate infrastructure and ensuring the desired information flow. It monitors the progress of the projects by claiming intermediate reports in certain intervals and analysing them in the responsible departments to account. It tries to solve or at least to cushion resulting difficulties. At this it may also delegate to others.

[1071] It tries to mainstream potential furtherers appropriately into the overall concept, even if these first need to be convinced of it. Pressure may only be exerted within the framework of existing laws and (public) regulations. If there will be irregularities, the cases occurred have to be processed in accordance with the current rules. The access to courts must be open to all parties.

[425] Money is a form of remuneration of work. Some possess it by letting it work for themselves, or get it, because they have a special value. Money is (still) not fairly distributed in our world: Much and valuable work is remunerated badly, some have it without deserving it. Money makes much possible, but it does not make inevitably lucky. Money and affluence have often undeserved attention.

[426] Right thriftiness in the personal things, in order to be able to make others lucky, characterises correct handling of money. Who earns or has much money, is held to employ much of it to public welfare. It is a high virtue to straighten out the distribution of money. It is a by far smaller virtue to use ones money for the arts and the science as long as the need is so great.

[427] The states as an individual have at present few possibilities of improving economical conditions. There would have to be a world-wide codex, how all humans are to be taken part in (still) sufficiently existing resources, in order to provide for all creatures a worthy life. As long as, however, power and money are in such a manner unequally distributed, a crucial improvement is unrealistic.

[428] There are, however, coercions like the environmental situation and the population development, which have lasting effect on the future. Environmental protection and family planning are more important than ever. The rich countries must learn to do without parts of their affluence and to draw the conclusions from the globalisation correctly. Programmes that give aid to self-help are alone not sufficient. It is a power relinquishment necessary.

[429] Furthermore, it is to trade fairly with the fewer privileged against the exploitation. That includes fair prices for raw materials and food. The rich countries are wealthy enough, in order to permit apart from an appropriate price strategy the imports of foreign products without trade barriers. An economic policy that keeps poorer countries poor and damages whose economics is not to approve of.

[430] The economic imbalance makes peaceful living together more difficult, which is again intensified by shameless arms deliveries. Democratic structures are fostered by economic equality, relinquishment of great power of individuals and further virtues, as could be found in this virtue doctrine. Sufficient education can be easily attained with the successful prevention of hunger and poverty then.

[799] On the financial market, there are always winners and losers: Who deems to make a profit at the expense of others, must know that no profit is possible without the appropriate effort. L compensates as is well known all injustices across the worlds. Who thus speculates, must include L: Each profit goes along with a loss. Who just takes advantage of situations for zerself, has nothing achieved and deserves nothing special, too.

[800] Who abuses a market-dominating position is also not better. It is a mistake with serious consequences to believe to be able to increase with little effort the own assets significantly without having to pay for it in any way. There may be win-win situations, but they presuppose reconcilable interests and a higher level of development of the involved parties. They are to aspire to, but not everywhere feasible.

[1149] It is true that the more achieving are also to earn more, but not so much that they spend their income for something not to justify. There is no achievement justifying that. Since the insight is mostly missing to provide the income, above the one used for a moderate life, for the most important aspects of society in full, incomes are to delimit.

[1150] Concretely, catalogues are to issue by the governments about the main projects, for which the excess income may be used without deductions. The checks are carried out via the corresponding tax declarations by the tax offices and via targeted by this individual checkings by qualified checkers, which may be, depending on the examination field, under control of different authorities or may work freelance.

[1151] Thus, the spending on luxury goods is limited and reduced, before L and socially, to an acceptable level. The phrase "With my much money I do whatever I want to." is abrogated. Since there are still many choices among the projects whose tax deductibility is graded by its urgency, every income recipient may fulfil zerself according to zis ideas.

[1152] The main projects are subject to publication and are determined and evaluated within the qualified democracy, so that everybody can see what the society considers important. The excess income is to determine as a percentage part of the total income, as long as the standards of living vary regionally. In order to avoid capital flight, this regulation is to apply uniformly around the world.

[1153] The same applies to wealth taxes. Until a worldwide uniform solution can be introduced, a convergence procedure is to carry out that gradually develops toward it. This is clearly to prefer to radical steps such as abolition of the right of abode or expropriation, since its legal basis is problematic. Ultimately, only an intensive convincing can lead to the desired goal.

[1154] The amounts of exemption are to assess generously, but are to orient themselves by the average standard of living. Since the really rich anyway operate internationally and live where the most favourable conditions prevail, it ultimately plays a subordinate role, whether a country can keep them. The competition for the rich is less bad than their dictation or their exercise of unjustified power versus governments.

[1155] Ultimately, everything is based on calculations of the found situation, for which a general advice cannot be given in advance or for considerable time because of the variety of possible circumstances. Crucial is the change in awareness that binds the rich to the society and proscribes the mere accumulation of possession. For, luckiness appears at a level in that one has what one needs to live, not more.

© 2006-2009 by Boris Haase

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