capitalist economy = running for centuries > developed by Adam Smith.
foundations of capitalist economy > belief of free market = economic structure wherein expenditure, output and distribution decisions are driven by price mechanisms produced by supply & demand curve => price mechanism = core driver of economy
money significant role within addressing core problems in such a system.
capitalist economy =/= cut out for an inevitable growth => recessions occur based on either misinterpreted market intelligence, by operating on adverse selection or by having distrust.
Trust in business = core value.
great depression (late 1920’s) = most severely experienced recession in history => effects merged globally where a deflation was observed in industrial production and prices, massive unemployment rates + increasing rate of poverty. >> During crisis banks panicked + followed motto of capital economy in order to rescue themselves; “Every man for himself”.
It is not long ago since we had the dream of living a comfortable and easy life where we can communicate with one another from different geographical locations and having the most distant click at our fingertips. The world we are living in has rapidly changed to a more comfortable state. We couldn’t imagine how an easy life would be. {The Innovation Paradox}
Since breakout of internet many companies + enterprises = focused + built on innovation within internet, providing services + facilities towards the customers > innovation = not only boosted economic development of countries + created a globalized market + increased knowledge & creativity in many different fields of studies. {The Innovation Paradox}
With innovation comes technological development and knowledge which results in an easier lifestyle – hence innovation is one of the core elements of the economic development. On the contrary, innovation was also invented for to increase consumption. Matt Haig in his book of “Reasons to stay alive” clearly and simply defines the world of economics;
“THE WORLD IS increasingly designed to depress us. Happiness isn’t very good for the economy. If we were happy with what we had, why would we need more? How do you sell an anti-ageing moisturizer? You make someone worry about ageing. How do you get people to vote for a political party? You make them worry about immigration. How do you get them to buy insurance? By making them worry about everything. How do you get them to have plastic surgery? By highlighting their physical flaws. How do you get them to watch a TV show? By making them worry about missing out. How do you get them to buy a new smartphone? By making them feel like they are being left behind. To be calm becomes a kind of revolutionary act. To be happy with your own non-upgraded existence. To be comfortable with our messy, human selves, would not be good for business”. {The Innovation Paradox}
entire economy depends on demand
seek to influence the demand by changing government revenue and spending.
Implementing an expansionary fiscal policy with aim of increasing demand =>increase inflation > Paradoxically, on the long run inflation will cause a decrease in demand.
2008 a financial crisis > based on act of adverse selection => many major banks > Goldman Sachs and Morgan Stanley > bankrupt.
capital economy = based on fact of adding one more dollar to the circulation => about generating more revenue hence adding more players.
result of retrenchment + redundancy = create an increasing number of unemployment => affect the aggregate demand level.> Furthering this decrease in employment => average disposable income level will decrease => demand curve will slightly turn downwards = economy will suffer from a deflation.
line of capitalism = drawn by confusion between minimizing costs by downsizing + maximizing revenue.
The capitalist economy has been running for centuries and was developed by Adam Smith. The foundations of the capitalist economy lies in the belief of the free market often described as an economic structure wherein the expenditure, output and distribution decisions are driven by the price mechanisms produced by the supply and demand curve. Therefore, the price mechanism is the core driver of the economy where prices of goods and services are based upon.
Within a capitalist system that has private control of the means of production and even private sector output, money plays a significant role within addressing the core problems in such a system. The demand and supply system is a tool used to do this. The market system automatically works without policy guidance and supervision. Illustrated by Adam Smith, the invisible hand of competition would make companies more efficient and bring more players to the market. On…
A joint effort of several authors who do find that nobody can keep standing at the side and that “Everyone" must care about what is going on in today’s world.
We are a bunch of people who do not mind that somebody has a totally different idea but is willing to share the ideas with others and to be Active and willing to let others understand how "today’s decisions will influence the future”. Therefore we would love to see many others to "Act today".
Gelooft u het getuigenis van God, zijn Zoon en zijn dienaren? God openbaart Zich als de Heilige, die de zonden niet kan verdragen en deze veroordeelt. De meeste mensen vrezen God echter niet. Hun denken en doen is gericht op het voldoen aan hun begeerten. Door deze aardse, vleselijke gezindheid is de mens onheilig en […]
In de Heilige Schrift hebben wij meerdere voorbeelden vna mensen met geloof, Abraham daarbij de voornaamste. Onze persoonlijke ervaringen en innerlijk gevoelen moeten ons leiden en bewust maken van de essentiële waarden en geloofspunten, zodat wij dan ook zullen kunnen getuigen van gods aanwezigheid in ons leven en in de wereld.
Strijdt om in te gaan door de enge poort, want velen, zeg Ik u,zullen trachten in te gaan, doch het niet kunnen.”(Lukas 13:24, NBG’51) In Lukas 13:23 lezen we hoe iemand Jezus vraagt: Heer, zijn er maar weinigen die worden gered? En zijn antwoord is: “Doe alle moeite om door de smalle deur naar binnen […]
In de Europese universiteiten vindt me de theologie als wetenschapsgebied in directe verbinding met concrete godsdienstige praktijken. Niet alleen in die zin dat die praktijken voorwerp van onderzoek kunnen zijn, maar zo dat de afgestudeerde theoloog bekwaam en geschikt zou zijn om in die praktijken een professionele leidinggevende rol te vervullen. Als die praktijken uit […]
Every generation has to undergo some turnovers on one or the other factor. What is to considered to be normal at one time in another generation can be “not done”. The last few years it seems like we are living in a society which wants to overcorrect itself. It wants to break with previous passages […]
Jeff Carreira notes that the world reveals itself to us in a stream of sensation. Man has to face a lot of things in his life; Growing up we always go from one (unexpected) situation onto another, always bringing new and other facts and facets. All the time we are confronted with lots of imprints, made […]
Gelooft u het getuigenis van God, zijn Zoon en zijn dienaren? God beloofde de Verlosser te zijn van wie geloven. In Genesis maakte Hij al duidelijk dat de mens betrokken is bij de tot standkoming van zijn verlossing: “En Ik zal vijandschap zetten tussen u en de vrouw, en tussen uw zaad en haar zaad; […]
Heeft de wetenschap al ooit kunnnen bewijzen dat God niet bestaat? In welke mate wil men alle moderne wetenschappelijke inzichten in de strijd gooien en/of zijn gezond verstand gebruiken en getuigenissen in de omgeving opnemen en deze met de Woorden uit de Heilige Schrift vergelijken?
In certain religious groups there are people who say one may not read philosophers their work. Many philosophers their thought have influenced lots of people. We always should remember that their thoughts are best read in context. In the context of the lives that they lived, the times that they lived in, and the history […]
All human beings are created in the image of God. This makes that we are or should be, all accepting the other as being allowed to be here by God and to be co-images of God and ourselves. The Divine Creator, Jehovah, the God above all gods, did not create more than one race. Of […]
Each spring for at least the past 23,000 years, members of the Porcupine caribou herd as they move in concert near the end of their approximately 1,500-mile trek, dispersed across the wide expanses of their wintering grounds in Canada’s Yukon, have gathered together like water flowing along branched tributaries toward a single confluence. That confluence […]
The latest report from our Tikkun ally Rabbi Arik Ascherman as he does what every ethical Israeli should be doing–protecting Palestinians from the aggressive and violent attempts to take yet more land away from Palestinians living in peace in the West Bank.
De nieuwe filosoof van Oudenburg op zijn blog “Denken over waarden voor een betere wereld aan de hand van oude en nieuwe zinvolle geschriften” schreef in december 2010: Na het vallen kan je weer opstaan en je ultieme levensdoel weer opnemen. Zelfs uit de slavernij van het bezit, eten, roesmiddelen, drank, drugs, lust en luiheid […]
Originally posted on Overcoming The Times: Whoever you are, Wherever you are from, No matter what you have done…I want to let you know that God loves you, and He will never stop loving you. Neither your accomplishments nor your failures, Your victories nor your defeats qualify you nor disqualify you from God’s love. Let…
Originally posted on From The Darkness Into The Light: Duration: 365 days Read?Matthew 5:13 Jesus says that his followers are to be the salt that brings out the God-flavors of this earth. SALT OF THE EARTH Jesus clearly states that our role as Christians on the earth is a transformational one. We are called the…
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Originally posted on verweven: God bezoekt ons vaak, maar meestal zijn we niet thuis Visje Ik doe al jaren met dezelfde maandkalender van Visje. Ik weet best dat de weken en dagen niet meer overeenkomen met de werkelijkheid, maar de spreuken die elke maand opnieuw voorbijkomen zetten me toch steeds weer aan het denken. Zo…
Although we may be kept apart, we can still stay socially connected. This month we’re helping people to focus on their relationships. So let’s stay in touch, show friendship and be kind in these challenging times. We need each other more than ever right now! This month let’s focus on reaching out to connect with others […]
Ook al brengen wij in deze Coronatijden niet elke dag een bericht op dit platform en blijven wij wachtende en zoekende naar meer mensen die mee met ons zouden willen samenwerken om hier positieve gedachten te brengen, blijven wij hopen dat je dag steeds gevuld wordt met positieve energie.
Originally posted on World.V.You: Like many I know, I have been paying less attention to the swirling morass of the news these days.? Most of it is glum and discouraging anyway, and, here in the “Great White North”, summer is all too brief to waste on keeping up with the latest blasts in…
Het Wachttorengenootschap over Christadelphians #13 Onbegrijpelijk verkeerde voorstelling door het Wachttorengenoot… twitter.com/i/web/status/1…3 days ago
Het Wachttorengenootschap over Christadelphians #13 Onbegrijpelijk verkeerde voorstelling door het Wachttorengenoot… twitter.com/i/web/status/1…3 days ago
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