How to fairly redistribute the wealth  ?

in #asa5 years ago

Almost every people contribute to the economic development of the wealth and it is not easy to evaluate the value of a specific work or an idea. Capitalists thinks that the market is providing an answer to this question. If you have enough worker in one domain, the wage of the workers in this domain will decrease, if you don’t have enough, their wages will increase.
But capitalism is very bad at preserving the resources of our planet and to redistribute fairly the wealth of a nation. Inequality are increasing.
How do you value the work of a teacher ? A poet or an artist ?
Genious inventors like Nikola Tesla ended alone and poor in the room of an hotel.

Cryptocurrencies are offering a new tool to invent new solutions.

Bitcoin is dispatched by mining but it is not fair, the richer can buy the bigger farms and will get the bigger amount of bitcoin or they can buy a lot of Bitcoin.

DPOS (Delegated Proof of Stack) is also an unfair system, if you are rich, you can buy a lot of EverGreenCoin or Steem and get even richer.

Manna is an inconditional basic income, everybody can get the same 22 Manna every week when you subscribe to the network.

Ventureo is a specific crypto for nonprofits. Each nonprofit can get 100,000 Ventureo to implement its project. The organization decide how to dispatch the currency among the members of the nonprofit. This is the best way to proceed in my opinion because at the same time, people can discuss wich project they want to implement.

Onfocoin is choosing another way, the money is dispatch by networking only. It is an interesting way to go because people are paid buy a referral system to promote the coin. Many people will not like it because of similarities with a Multi Level Marketing system. But you don’t have to buy anything to start, you only have to join the network to gain your first Onfocoin.
You are welcome to use my referral code if you want to try it.

Steem is supposed to pay for quality content, but a few number of whales only are not able to detect many quality posts and they have a human tendency to vote for their own friends.

Duniter is proposing an universal dividend with a spacial and temporal symetries.
More info on

Which system do you prefer ?


I think redistributing wealth could arguably be called stealing. It is true that compassion should move rich people to give, but if it doesn't, we still cannot take it from them.

Wealth does help others naturally. Everyone dies eventually, and the money is passed down to children, foundations/non-profits, or the State.

Nearly all wealthy people invest in the stock market, which helps companies grow, produce, and pay their thousands of employees.

A bigger question is, if unearned money is given to someone, will they use it wisely? As unbelievable as it may sound, lottery winners can be literally bankrupt in a few years. Wealth is not the answer in itself, virtue is.

If big corporations choose to pay their employees a living wage, even if they could get similar output by paying less, wealth is distributed fairly. An employee who earns a living wage will contribute more to the economy. He may go to the barber instead of having his wife cut his hair. Thus the barber will get more business, and expand his shop etc.

The effect ripples out. I think virtue is the answer. Virtue is infectious, so we must practice it ourselves and change the world.

G.K. Chesterton was once asked, What is wrong with the world?
He replied, "I am".

Posted using Partiko Android

The good thing is that we agree on 2 points :

  • Virtue is more important than money
  • We all have to work on ourselves to improve ourselves

So I am not going to repeat arguments that you have already heard 100 times about capitalism and how the capitalists are stealing their money from workers and monopolizing commons ressources or stealing natural resources from indigenous people and selling weapons all over the planet, I am going to look for a larger truth , a truth that is including my thruth and your truth.

Capitalism started in England at the 18e century, it exploded with the discovery of oil and has been well adapted to the industrial revolution, which brought at lot of wealth to million of people. Capitalism is also killing us, today.

Shed A Light: Rupert Read – This civilisation is finished: so what is to be done?

All over the world, new solutions are emerging, the future will tell us if they are better or worst.

Is stealing the stealers a steal ?

Coin Marketplace

STEEM 0.28
TRX 0.11
JST 0.034
BTC 66065.02
ETH 3182.04
USDT 1.00
SBD 4.05