An Alternative Solution (Other Than Taxation), To The Resolution Of Poverty And Unemployment In The Free Market World

Macaluso, Joseph (2014): An Alternative Solution (Other Than Taxation), To The Resolution Of Poverty And Unemployment In The Free Market World.

Abstract

This paper describes an alternative way (other than taxation) to eliminate poverty and unemployment from the world. This is done by creating a single money worldwide, and letting each government subsidize the economy of each country, through acting as a non-profit venture capital subsidizer, by forward borrowing on the economic growth that such a subsidization will produce through the increase in jobs and consumers created. This creation of wealth by government will be a process similar to the market's process of creating wealth through price fixing.

• Item Type: MPRA Paper
• Language: English
• Keywords: alternative to taxation; taxation; disparity; minimum security level; distribution; wealth
• Subjects: A - General Economics and Teaching > A1 - General Economics; A - General Economics and Teaching > A1 - General Economics > A10 - General; H - Public Economics > H1 - Structure and Scope of Government; H - Public Economics > H1 - Structure and Scope of Government > H10 - General; H - Public Economics > H2 - Taxation, Subsidies, and Revenue; H - Public Economics > H2 - Taxation, Subsidies, and Revenue > H27 - Other Sources of Revenue; P - Economic Systems > P1 - Capitalist Systems > P10 - General; P - Economic Systems > P1 - Capitalist Systems > P16 - Political Economy

References

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