Economics is a very complex subject from its beginning to now, 500 hundred years ago, the economy was trapped and jammed by unavailable long-term credit facilities. Current development only has been possible after being eased credit facilities. Now also the economy is being trapped and jammed but economists don’t have an idea about it why the economy is being trapped and jammed.
Scientists have invented so many nice and useful AI but economists don’t want to use them in the name of decreasing employment, they simply don’t know what is the employment that is the main problem. I have written two articles about How We Can Make Better World and New Economy Model Called Realism around 3 and 6 months ago where I have described how we can remove commercial bank, interest and secondary share market, now China has introduced, new central bank control system as I described, I hope one China will be announced first interest-free country around the world. Now China has abled to understand the economy trapped and jammed that’s why China's economy is heading in the right direction but another country's economy is being trapped by a lack of economic knowledge.
Here I am going to describe how the economy is being trapped and jammed by capitalism. Reason one, in capitalism model company, has given high-scale salary to top-level few staff and a very low salary in low-level staff. Reason two getting maximum profit from the business, reason three increasing unproductive works in the economy. By that simple 3 reasons economy is being trapped and jammed, by that reason the whole world is being suffered from poverty nobody has found yet three reasons except me, that’s why I have started to write about economics to aware of people, leaders, economists, and professors. If they are able to get my points then after the whole world will be overcome from poverty within 10 years.
Explanation of reason no 1, highly different salary, economics is related just production and distribution while conducting this function, so many jobs have been done from top to bottom level. In capitalism model, very few top-level staff have been given around 350 times more than bottom-level staff. By that reason, the top-level staff has got more money, than they needed so that money is being trapped in their bank account. So that bottom-level staff has got very little money, they cannot buy the necessary products and services from the market from their salary. if products and services are not sold on time then the economy is being trapped. If those top-level salaries minimize and to give all bottom level staffs then all products and services would be finished very fast and on time after that more products can be produced and everybody can get the benefit but the situation is not so good due to lack of economics knowledge, the economy is being trapped and jammed.
Reason two, holding maximum profit, economists have said that holding maximum profit is good for making a better economy but they simply don’t know what is profit. Profit is needed for motivation to the investor but holding maximum profit is a poison of economics, the economy has been trapped and jammed by holding maximum profit. If investors have been holding maximum profit means the price of products and services is being expensive than their real cost. Cost is related to employees salaries and other running costs as well as other fixed costs. whatever technology has been applied no matter to hold maximum profit means employees have been given a low salary. if employees and other related people have got a low salary then how they can buy expensive products and services from the market, it is impossible. So, we have seen in the market there are so many products that are going to expired but people cannot buy on time, because holding maximum profit means, trapped the economy. Economists have argued that profit has been reinvested and created a new job but the economy is already being jammed and trapped due to not being sold goods on market and going to expired. In that situation further products also being so expensive than employee’s salary that’s why the economy is being trapped in a new way.
Reason three, increasing unproductive works and unnecessary works in the economy. If government announce a new rule that every employee must check up their health in every week and should hold health certificate and every certificate must be seen by police before going office and that health checkup cost must be paid by related company. If this rule has been applied, then so many new jobs will be created in health sectors as well as police sectors but all price of products and service will be expensive immediately because all health checkup cost has been paid by the company, then the company must make the price up otherwise, they must get lost. The same kind of so many jobs is being run in our economy in the name of increasing employment and profit. All commercial bank, insurance company, marketing company, broker, agent, forex market, etc. they have been doing same kind of unproductive and unnecessary works in the economy that’s why our products and services are being expensive that’s why people are being suffered to get necessary goods and services even they have worked very hard. All commercial banks' work can be done by a central bank like China has just launched, a central bank control system, China is going to remove all commercial banks. All insurance company works can be conducted by mobile app, all forex work can be done by mobile app directly with the related central bank. All secondary share market can be conducted in a new way which I have explained in new economy model realism, the highly expensive advertisement can be controlled by authority, those all non-sense works have increased price of products and services, that’s why people cannot buy necessary products and services even they have worked hard. If products and services have been unsold in the market, then obviously the economy is being trapped and jammed in a new way. Nobody has figured out except me that’s why poverty is being existed around the world, so it must be solved this problem on time by taking the right action on the economy.
Please read this book to know innovative idea
Comments
Post a Comment